Budding Entrepreneurs Get Major Boost
Starting a business can be tricky if you don’t know the legal as well as bureaucratic hurdles. But for a number of budding entrepreneurs, it was made easier this morning due to a program with the Taiwanese government known as Integral Development of Entrepreneurship for Central America and Dominican Republic. Representatives from the government investment arm, BELTRAIDE, in partnership with the Taiwanese Center for the Promotion of Micro and Small Enterprises, awarded seed money to the entrepreneurs. News Five’s Isani Cayetano reports.
Isani Cayetano, Reporting
A cohort of fourteen Belizean entrepreneurs have been awarded for presenting successful business ideas that will take root in the local economy in days to come. The plans included various products from sauces to educational material, health and wellness to clothing and coconut water.
Melanie Gideon, Acting Exec. Dir., BELTRAIDE
“The reason BELTRAIDE did this project, we signed on for this project was simple, we’re in the business of enterprise development. That is one of our core functions. To be able to partner with CENPROMYPE, the Government of Taiwan just was too easy, we couldn’t let it go… BELTRAIDE as an organization learned a lot, so if you think you learned a lot in receiving the business development training BELTRAIDE as an organization we learned how to do it better. How to put in better systems, how to do the advising a little more strategically and learned from things that didn’t work as well as we’d like them. So to know that this program not only helped about thirty-one small businesses in the last eighteen months but to know that it prepared the support agency that is BELTRAIDE to be better at it the next time we go through it.”