The building will accommodate a series of meeting rooms, small business incubators as well as a resource centre. The BEI2 is the first government facility to incorporate both Green and SMART technologies which will be beneficial in promoting environmental conservation as well as encouraging the use of modern technologies to facilitate enterprise and innovation.

At the launch a memorandum of Understanding was signed between BELTRAIDE and the University of Belize as a symbol of an extended partnership. Signing on behalf of UB was Chairman of the Board of Trustees, Harrison Pilgrim and on behalf of BELTRAIDE was CEO in the Ministry of Trade, Investment Promotion, Private Sector Development and Consumer Protection, Michael Singh, other signatories included: Leija Melanie Gideon, Manager of Enterprise and Innovation, BELTRAIDE and President of UB, Alan Slusher.

The facility is being designed by Hilberto Riverol Jr.

BELTRAIDE wants to sincerely thank the US Mission to the OAS, the OAS and University of Texas at San Antonio for all their kind assistance and guidance over the last three years. Without their assistance, BELTRAIDE would not be able to achieve all its successes under its SBDCBelize and EXPORTBelize units and have this very notable milestone of BEI2 groundbreaking.