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Government names new business centre chief

The government of The Bahamas has named Davinia Blair as the executive director of the imminent Small Business Development Centre. 

Friday, June 29, 2018
Friday, June 29, 2018

Government names new business centre chief

Pictured: Incoming executive director of the Small Business Development Centre, Davinia Blair. (BIS Photo)

The government of The Bahamas has named Davinia Blair as the executive director of the imminent Small Business Development Centre.

Blair’s appointment signals the government’s commitment to building and supporting the institutional framework and the national support programme for micro, small and medium-sized enterprises (MSMEs).

The centre is the product of a tri-partite arrangement between the Government, the University of The Bahamas and the Bahamas Chamber of Commerce and Employer’s Confederation (BCCEC) and the Ministry of Finance. The centre works to guide the development and funding of MSMEs throughout the country.

Deputy Prime Minister and Minister of Finance Peter Turnquest said: “We are excited to have Blair as our executive director, to assist in developing and carrying forward our vision for economic and entrepreneurial development for Bahamians. She will be supported by a team of professionals and will have the necessary resources to ensure the effectiveness and sustainability of the programme, and we anticipate significant results under her leadership.”

Through appointments such as Blair’s, Turnquest said, the government and its partners are “making tangible investments in both human talent and treasure to facilitate the growth, development and real economic emancipation of the Bahamian people.”

The centre will connect to the Caribbean Small Business Development Centre Project, through which the Organization of American States (OAS) is supporting member states of the Caribbean Community (CARICOM) in bolstering their MSME regime.

The 2018 Fall & Winter edition of The Bahamas Investor features an interview with Citi Trust's managing director Elena Mortemore. Overseeing 24 countries and responsible for generating nearly $60 million in revenue, the Bahamian and former lawyer offers insight into Citi's plans for expansion in The Bahamas and the wider Latin American region.

In an effort to better serve the domestic investor market, commencing July 1, 2018, The Central Bank of The Bahamas has begun publishing quarterly calendars of initial public offering dates.

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