September 24, 2014

Budding Entrepreneurs Get Major Boost

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.”

Continue reading “Budding Entrepreneurs Get Major Boost”

Trade Americas & ConnectAmericas Expo

Building the Americas

September 3-4, 2014 – Miami, FL – U.S.A.

Latin American and Caribbean countries are investing about 2.5% of their GDP’s in roads, airports, ports and other major infrastructure projects; however, it was noted that speakers at the Expo held in Miami, FL on September 3-4, 2014 said that this is not enough to satisfy the region’s growing needs.

Some 450 government and business leaders from 28 countries gathered for the two-day Trade Americas & ConnectAmericas Expo as an opportunity to explore ways to bridge Latin America’s infrastructure gap. Speakers at the conference which was organized by the Inter-American Development Bank (IDB) and Latin Trade Group, said that with growing populations – the region is expected to have 700 million people by 2030 with more people moving into the middle class and globalization; hence, creating a need for adequate infrastructural development.

Belize was also invited to attend the event in Miami where some 400 business matchmaking meetings were organized for all attendees. The main objectives for Belize’s participation included capacity building through plenary sessions, showcasing of relevant projects that are seeking funding and / or suppliers as well as participating in the one-on-one business matchmaking sessions. Various stakeholders were invited to submit projects to be represented at the expo and the following four (4) projects were highlighted including, (1) the Commerce Bight Maritime Port project, (2) a bio-ethanol and co-generation project, (3) an energy terminal project as well as (4) a commercial business park development. Based on a follow-up survey to attendees, 75% indicated that they met their stated objectives, while 100% stated that they would attend the event again granted the networking opportunities and lead generation amongst investors, financiers, consultants and suppliers. Continue reading “Trade Americas & ConnectAmericas Expo”

EMPRENDE Award Ceremony


BELTRAIDE, in partnership with the Centre for the Promotion of Micro and Small Enterprises (CENPROYMPE) and the Embassy of Taiwan (China), has is executed completing a the project in Belize called, “Integral Development of Entrepreneurship for Central America and Dominican Republic” here in Belize. Round I of EMPRENDE Belize was held from June – September, 2013 and saw the training of over fifty entrepreneurs. Eighteen of them successfully presented to the Evaluation Panel and were awarded Seed Capital Funds in the amount of $7,000.00 US each.

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