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Beltraide

Belize Trade and Investment Development service

BELTRAIDE introduces BTEC Training Calendar 2021-2022


BTEC Training Calendar – Click to enlarge

BTEC, the unit of BELTRAIDE responsible for job readiness and capacity building trainings, is proud to announce it’s first-ever Training Calendar for 2021-2022.

The series of workshops available on BTEC’s Training Calendar aims to prepare those looking for employment to be competitive candidates, as well as those already employed to advance their skills and knowledge in various subject areas.

Plan ahead and pre-register for the trainings that best suit you or your organization.

For full calendar and details on how to sign up, visit: http://www.belizeinvest.org.bz/btec


Continue reading “BELTRAIDE introduces BTEC Training Calendar 2021-2022”

Belize – Republic of China (Taiwan) Economic Cooperation Agreement


An Outlook on the potential trade and cooperation opportunities of the Economic Cooperation Agreement (ECA) between the Government of Belize and the Government of the Republic of China (Taiwan)

The introduction of the ECA between Belize and the Republic of China (Taiwan) could serve as a major economic milestone in stimulating trade in selected goods, while placing much emphasis on capacity building endeavors. For many in the private sector in Belize, this landmark Agreement will provide a multitude of benefits across several areas which include some of the below:

  • Diversification and expansion of trade by granting of varying forms of tariff preferences;
  • Technical cooperation and capacity building activities across several critical areas such as standards, technology, innovation, among others;
  • Enhancing supply capacity;
  • The introduction of an effective and transparent trade dispute mechanism.

In terms of trade, the agreement provides for immediate duty-free treatment for all of Belize’s major export products, and an early phase-out of import duties on goods that can be developed for the Taiwan market within the short-to-medium term.  The Fisheries and Agricultural sectors are part of the key industries to benefit from the agreement, consequently providing access to Taiwan’s 23.57 million citizens. Once in force, this bilateral engagement will serve as a cornerstone for export potential and may also function as a catalyst for product diversification in Belize.

The table below showcases some of the key products and items covered under the ECA’s extensive list for Tariff Preferences:

To learn more about all the goods receiving tariff preferences under this agreement, kindly see the link below: https://www.dgft.gov.bz/wp-content/uploads/2020/10/Economic-Cooperation-Agreement-between-the-Governments-of-Belize-and-the-ROC-Taiwan-2020.pdf

CAIPA Call for Private Sector Projects


BELTRAIDE in collaboration with the Caribbean Association of Investment Promotion Agencies (CAIPA), is seeking investment-ready commercially viable private sector projects in need of capital to scale their operations locally and or internationally. 

The investment-ready projects will be promoted to potential investors who may be from the Diaspora, Local Investors, Institutional Investors e.g., Pension Funds, Hedge Funds, among others. The projects will be promoted through the Caribbean Project Preparation and Packaging Platform (CPPIP), an initiative of the CAIPA, which seeks to package investment projects, structuring them so that they meet the requirements of investors and then promoting them globally to carefully vetted investors.

To be a part of the CPPIP initiative, your project should meet the below criteria:

  1. Possess strong financials (audited preferred) for 3 successive years (Pre-COVID) ending December 31, 2019; financials for 2020/2021 calendar year (to see the effect of COVID); and projected financials from 2022 onward;
  2. Require funding of US$1m+ for business expansion;
  3. Your business venture must fall within the identified categories/commercial sectors noted below;
  4. You may be seeking public listing as part of your expansion strategy.
  5. Please contact BELTRAIDE to request a copy of the detailed checklist requirements.

Identified categories/commercial sectors are:

  • Agriculture processing
  • Beachfront Lands/Hotels/Resorts
  • Commercial Property
  • Consumer Goods/Packaging
  • Education
  • Entertainment
  • Exchange listed assets
  • Export Activity/Trading
  • Financial Services
  • Fintech
  • Housing
  • Manufacturing (light, mid)
  • Medical
  • Mining/Transformation/Offtake
  • Pharmaceuticals
  • Renewable Energy (Solar, Wind, offtakes arranged)
  • Services
  • Technology
  • Telecoms
  • Transport 
  • Other

We hereby request an expression of your interest to submit a project under this initiative based on the above criteria. Any information shared will be treated with the strictest confidence. After submitting your project, you will be contacted by the CPPIP team for a follow up. 

Please note that our team at BELTRAIDE will be assisting you throughout the process. The deadline for submission of your project information is Monday July 19, 2021.  

Should you require any additional information about this opportunity, please contact Mrs. Fiona Coleman-Espejo, Manager, BelizeINVEST via email fiona@belizeinvest.org.bz or via telephone at (501) 822-3737.

PROCUREMENT NOTICE: Business of Music Accelerator Program – Belize || Individual Consultant – Audio and Video Production


PROCUREMENT NOTICE
Project: Business of Music Accelerator Program
Post: Individual Consultant – Audio and Video Production

The Belize Trade and Investment Development Service (BELTRAIDE) has received a grant from Caribbean Export to assist BELTRAIDE in developing the Music Accelerator Program for Digital Transformation Project to assist musicians, bands, and artists in Belize to use technology as a marketing and promotional tool to improve their services and remain competitive in a COVID-19 environment that prevents social gatherings.

BELTRAIDE is seeking a professional consultant with outstanding creative and video production/video animation skills to provide technical support to develop three (3) audio (songs) and two (2) studio performance videos and video pitch for 23 music professionals.

For more information, please see the complete procurement notice attached, as well as the full terms of reference available for download at:

BoM Accelerator Program Terms of Reference for Audio and Video Production

Building Resilient MSMEs Through Digitalization


The Belize Trade and Investment Development Service (BELTRAIDE) and the United Nations Development Programme (UNDP) signed an agreement on March 30th 2021 to implement a project called “Building Resilient MSMEs- Accelerating Digitization”. This project seeks to establish national structures to support the accelerated digitization of Micro, Small and Medium Enterprises (MSMEs) in Belize. Primarily, it will provide capacity building to promote resilient economic development and to increase MSMEs business digital capabilities so they can recover and rebuild from the COVID-19 pandemic. 

The project comprises three main areas:

  • An MSME Medium Term Strategy to strengthen the MSME ecosystem;
  • A Digital/virtual platform that provide MSMEs with capacity building and knowledge exchange, inclusive of a B2B e-commerce portal where service providers such as distributors, logistics, marketing, and back-office (e.g. accounting/bookkeeping & I.T) can connect with goods and services providers to deliver products effectively through digital channels; and,
  • A pilot testing stage with approximately 150 MSMEs to enhance the use of the Virtual Knowledge Center.

This initiative highlights that digital platforms provide a diverse range of support services to MSMEs, including self-help/self-paced e-learning opportunities, and facilitates information and knowledge dissemination services as well as business trade and business networking. Furthermore, it will create a supportive ecosystem for MSME entrepreneurs to increase market access and facilitate supply chain, and encourages MSMEs to seize opportunities to promote the use of technology to solve business challenges during and after the COVID-19 Pandemic.

For additional information on the Building Resilient MSMEs- Accelerating Digitization project, kindly contact the Belize Trade and Investment Development Service (BELTRAIDE) via email at projects@belizeinvest.org.bz or at +501-822-3737.

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