Making The Perfect Pitch

Before the break we told you about Finpyme (FIN-PI-MEH) Export Plus, a programme where producers get to pitch their product before a panel of prospective money lenders. 

The idea is to get financing for products that can break into the CARICOM market. If it sounds familiar, it should; it’s like the TV show shark tank:..

Mike Singh, CEO- Ministry of Trade
“Think about it – you know the show the “Shark Tank” – it’s along the line of where they come up, present their project, talk about what they are looking to do and they get feedback and advice and possibility of financing as well.”

Shahera McKoy, Export Belize – BELTRAIDE
“The idea was to take the idea that the companies had to look at a specific project that they wanted to develop that would lead to them accessing export markets or developing systems in place to make them more export ready.”

Kahlil Salazar, PURE NATURE MD
“This is for a development an all-natural fruit sour sop based drink that has been shown to have properties to lower your blood sugar level – improve your glucose metabolism. It’s very refreshing for us. We are excited about it. We can’t wait to get the product off the production line and into Caricom because that’s really what we want to do. We want to export to Caricom. 27 million people in Caricom, 15 million suffer from obesity, hypertension or diabetes. Belize has 13% prevalence of diabetes which is about 43,000 – that’s the statistics on paper – it’s much more than that.”

Shahera McKoy, Export Belize – BELTRAIDE
“Once they started getting into the process of looking at the opportunities that does exist, they became excited. I work particularly with two of the companies; Caribbean Premier and Quality Poultry and I can certainly say that the excitement is there in terms of advancing the projects further.”

Mike Singh, CEO- Ministry of Trade
“From what I am hearing from the people in the room, there is lots of interest from getting them to where they want to be.”

Jules Vasquez
“Do you think these products, the one you work with, are products that we will soon see in the Caribbean on grocery store shelves?”

Shahera McKoy, Export Belize – BELTRAIDE
“Certainly, I am excited for the companies and I can see the possibilities.”

Salazar’s PURE Nature MD recently pitched the same project to a panel at an investors’ showcase IN BARBADOS and got a million dollars in MATHCING FUNDS – meaning they’ll LEND a million in financing if he can come up with a million.

The Government of Belize, through BELTRAIDE, is pleased to announce the completion of the sale of the island of Caye Chapel, on Monday 8 December, 2014. Caye Chapel, an island in the Belize District, consisting of 265 acres, was purchased by a leading Mexican luxury hotel development group.
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The group, who are owners and operators of luxury tourism developments in Mexico City, Cancun, and Acapulco, are currently working on a detailed development plan for the island for presentation to Government.  It is expected that this plan will include the announcement of a partnership with a renown global luxury hotel brand, to be announced in the near future, as well as the development of high-end residencies and other amenities.

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(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana)     The Fifth CARICOM-Cuba Summit was testimony to the solidarity and fraternal relationship that existed among Caribbean people, CARICOM Secretary-General, Ambassador Irwin LaRocque said on Monday.

Addressing the Summit in Havana, Cuba, the Secretary-General retraced the history of the relationship between CARICOM Member States and Cuba, and outlined the myriad ways in which they had cooperated.

“Cuba has demonstrated its commitment to the sustainable development of our Region, by providing generous assistance in areas such as health, education, agriculture and sports. This has been a significant boost to the Caribbean Community, in particular to our efforts at strengthening our human resource capacity.

“More recently, Cuba came forward to assist CARICOM countries to prepare, in the event that Ebola comes into the Region. This is in keeping with Cuba’s leadership role in the global fight against the deadly disease, which has seen more than 250 medical personnel from this country, in the vanguard of the battle in West Africa. This is no surprise to us who have experienced Cuba’s humanity, such as with Operation Milagro.”

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DSC_3120BELTRAIDE, in partnership with the Centre for the Promotion of Micro and Small Enterprises (CENPROYMPE) and the Embassy of Taiwan (China), has completed the project, “Integral Development of Entrepreneurship for Central America and Dominican Republic” in Belize.

Round II of EMPRENDE Belize was held from April – August, 2014 and saw the training of over thirty entrepreneurs. Culture Connection was a successful recipient of seed capital under this project. Culture Connection prides itself in being the first authentic Belizean, educational coloring book created to impart knowledge of our rich ancestral heritage to the new generation.

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SME Opportunity: Ensuring access to credit and capacity building for small business through partnership with La Inmaculada Credit Union Limited (LICU).       


December 3, 2014- On the 3rd December, 2014 the Belize Trade and Investment Development Service (BELTRAIDE), through its Small Business Development Center, SBDC Belize signed a Memorandum of Understanding (MOU) to benefit local Micro, Small and Medium-Sized Enterprises (MSMEs) in the areas of credit facilitation and credit management with La Inmaculada Credit Union Limited.


This collaboration is expected to better connect our clients to much needed start-up or expansion capital and better prepare them to actively participate in a competitive environment. In addition to assisting new clients, the collaboration will also benefit existing clients of the    La Inmaculada Credit Union Limited, who may want to enhance their business management practices.

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