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July 2022

National MSME Strategy and Roadshow to be Launched Across the Country


PRESS RELEASE

National MSME Strategy and Roadshow to be Launched Across the Country

City of Belmopan, July 26, 2022. The Office of the Prime Minister (OPM) through the Belize Trade and Investment Development Service, is coordinating a national initiative to support Micro Small and Medium Enterprises (MSME) across Belize. This initiative will be achieved through the launch of the National MSME Strategy, Inclusive of the National MSME Roadshow (NMR) which commences in August and ends in November 2022. 

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The overall objective of the NMR is to support MSMEs through the following:

•          Support for an enabling environment for MSME development,

•          Improve market access and establishment of business linkages for MSMEs

•          Promote buying locally to improve economic recovery

•          Increased procurement of MSME goods and services by the public and private sectors

•          Facilitate Access to affordable finance for the MSME Sector AND

•          Build the business acumen of MSMEs

Activities under the 3-day roadshow will include:

  1. A Boot Camp that will deliver business development trainings in Business Models, Marketing, Customer Service, Goal Setting, and Money Management.
  2. A Formalization Clinic that will provide a space for key government agencies and financial institutions, to offer services and relevant information to MSMEs inclusive of live registration, and
  3. A Showcase/Pop Up Shop that will provide MSMEs an opportunity to promote and sell their products, while facilitating supply chain linkages with the Tourism Industry.

The Government of Belize is cognizant that support to the MSME sector is crucial given the important role they play in creating jobs, strengthening communities, and increasing contribution to macroeconomic development. A key output of this initiative will be a National MSME Directory; an online listing of MSMEs geared towards raising public awareness and allowing for the trading of goods and services, produced by these enterprises.

The launch of the National MSME Strategy and Roadshow will be held on Friday August 5, 2022, at the Best Western Belize Biltmore Plaza Hotel starting at 10:00AM.

The media is cordially invited to attend.

[End]

For Immediate Release

BELTRAIDE Hosts Trade and Investment Mission with Taiwan CATO Delegates


PRESS RELEASE

BELTRAIDE Hosts Trade and Investment Mission with Taiwan CATO Delegates

City of Belmopan, July 14, 2022. As a part of the Government of Belize’s commitment to strengthen the bilateral relationship between Belize and Taiwan, the Belize Trade and Investment Development Service (BELTRAIDE) hosted a trade and investment mission meeting with a Taiwanese delegation, led by the Taiwan Central America Trade Office (CATO). The Embassy of the Republic of China (Taiwan), in Belize, organized the mission with 13 delegates from the Seafood, packaging, and recycling industries. These companies are in country to explore trade and investment opportunities and will conduct company visits across the country.

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GOB Hosts Official Ceremony to Launch Belize’s First National Investment Policy and Strategy


PRESS RELEASE

Belize City, July 14, 2022. Today the Government of Belize, through the Office of the Prime Minister and BELTRAIDE, the Economic Development Council, the Investment Policy & Compliance Unit launched, the first National Investment Policy and Strategy (NIPS) for Belize. The NIPS, which was approved by Cabinet on March 24, 2022, and developed with support from the CARICOM Development Fund (CDF) aims to position Belize as a key destination for investments and trade. The NIPS will also provide strategic national direction in economic development and examine how citizens can participate in this process and benefit from domestic and foreign investments.

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BELTRAIDE Agri-Mission to Support Export Sectors Across the Country


PRESS RELEASE

BELTRAIDE Agri-Mission to Support Export Sectors Across the Country

In May 2022, EXPORTBelize, BELTRAIDE, with funding support from the Commonwealth Secretariat, hosted an Export Competitiveness Forum (ECF) that saw the participation of key public and private sector agencies. The forum explored new approaches to enhance Belize’s export competitiveness and aimed to foster the development of strategies, action plans and an implementation roadmap to address supply side constraints in selected industries.

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