City of Belmopan, November 17, 2021. The Central American Centre for the Promotion of Micro, Small, and Medium Enterprises (CENPROMYPE) with the support of the Grand Duchy of Luxembourg and the International Organization for Migration (OIM), will be hosting the III REGIONAL FORUM: WOMEN DOING BUSINESS IN CENTRAL AMERICA on November 18 and 19, 2021 in San Salvador, El Salvador.
The Belize Trade and Investment Development Service (BELTRAIDE) with funding from the Canada Fund for Local Initiatives (CFLI), is currently implementing the Female Entrepreneurship Program (FEP) to strengthen the economic empowerment and leadership skills of 20 women cacao farmers in the Toledo District. The methodology of this project was transferred to BELTRAIDE from El Salvador’s counterpart, Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE) through the Regional Center for the Promotion of Micro and Small Enterprises (CENPROMYPE). BELTRAIDE adopted and tailored the FEP Methodology to the women and country’s reality and needs, and piloted the first FEP in 2019 graduating 13 business women from various industries.
The second cohort of the program started on October 12 & 13, 2021 with 20 Cacao Women farmers who are being trained, advised, and mentored through a “Train the Trainers” program that will provide them with technical assistance, tools, and generate knowledge for business innovation throughout 11 weeks. The women have been divided into two (2) groups of 10 women each to social distance and adhere to COVID-19 Health Protocols. Thereafter BELTRAIDE will monitor through follow-ups the transfer of knowledge from the 20 trainees to other 40 women cacao farmers and female cacao farmers within Toledo.
Women will receive business technical skills but also knowledge for women empowerment in Women Human Rights & Gender Equality at Work and Basic Financial Literacy. These trainings will provide women with skills to manage their personal rights and household finances as well as to develop and manage entrepreneurial activities. Other topics will be covered based on assessment of participants such as Computer for Everyday Life and Introduction to Customer Discovery and Validation.
BELTRAIDE is implementing this program in partnership with the Toledo Cacao Growers Association (TCGA) to empower women on gender equality and entrepreneurship within the cacao industry.. Other supporters include the National Women’s Commission and the Toledo Mayan Council, and the Toledo Teacher’s Credit Union.
FEP creates a space for women to collaborate, generate knowledge and innovation, and develop and validate business models in a participative and dynamic manner. Participants of this program will be able to identify business opportunities and, through the adjustment of solutions and/or products, respond to market needs. This experience will increase their ability to interact effectively with buyers and potential buyers and engage in value chain upgrading where feasible.
September 16, 2021, Belize City. The Belize Trade and Investment Development Service (BELTRAIDE) signed a Memorandum of Understanding (MOU) with the Development Financial Corporation (DFC) to collaborate on implementing the “BELIZE ENTERPRISE REVOLVING FUND” (BERF) Project, financed by the CARICOM Development Fund (CDF). This project aims to diversify the national economy of Belize by strengthening and improving the competitiveness of Micro, Small and Medium Enterprises (MSMEs), including those with export potential, through financing and technical assistance.
The Belize Trade and Investment Development Service (BELTRAIDE) signed a contribution agreement with the High Commission of Canada to Belize under the Canada Fund for Local Initiatives (CLFI), a fund that finances projects designed to promote gender equality and empowerment of women and girls, human rights, democracy and governance, peace and security, climate action, and economic growth.
The High Commission of Canada will contribute CAD$ 21,282.45 (approximately BZD $35,000) to BELTRAIDE to support the project “Female Entrepreneurship Program: Strengthening the economic empowerment and leadership skills of 20 women cacao farmers in Southern Belize through a Train of Trainers Program, advisory, and mentorship support” which aims to improve the competencies and economic empowerment and leadership skills of 20 women cacao farmers in the Toledo District, Belize throughout a 6-month period.
The specific objectives are:
To develop a Train the Trainers’ program for 20 women cacao farmers who will receive technical assistance, tools, and generate knowledge for business innovation throughout 11 weeks.
To provide advisory and mentorship to 20 women cacao entrepreneurs throughout the six-month period and to transfer knowledge to other women over the medium to long term.
To transfer knowledge to 40 women cacao farmers within Toledo over the medium to long-term.
The agreement was signed by Dr. Leroy Almendarez, Executive Director of BELTRAIDE and Rita Rudaitis-Renaud, the High Commissioner of Canada to Belize.
For more information, please feel free to contact us: Belize Trade and Investment Development Service (BELTRAIDE) 3401 Mountain View Boulevard, Suite 201, City of Belmopan, Cayo District, Belize Tel: 822-3737 or Email: email@example.com
Micro, Small, Medium, Enterprises (MSMEs) are significant for income generation, employment and livelihoods, especially for women and youths. One of the Belize Trade and Investment Development Service (BELTRAIDE) core functions is create economic prosperity though entrepreneurial development, business innovation, and competitiveness. In order to meet this objective, BELTRAIDE is currently implementing the Building Resilient MSMES Accelerating Digitization Project which is financed by the United Nations Development Programme (UNDP).