Belize’s natural resources, pro-business investment climate, democratic stability, and incentives have led to steady growth in Foreign Direct Investments (FDI). The Government of Belize’s (GOB) strategic commitment to support the sustainable development of its priority industries, such as, Agriculture, Fisheries & Aquaculture, Offshore Outsourcing, Sustainable Energy, Logistics & Light Manufacturing, and Tourism, has contributed to a 17% increase of FDI inflows in 2016, when compared to 2015. Continue reading “Belize, Your Natural Niche”
The Belize Training and Employment Centre (BTEC) arm of BELTRAIDE, celebrates its one-year anniversary since inception. BTEC, which opened its doors on October 6, 2014 has been instrumental in developing a cadre of well-trained, marketable and self-sufficient individuals able to compete in the marketplace.
On October 27th, 2015. BTEC held the celebration ceremony for its 1st anniversary and also signed a Memorandum of Understanding with the Sister Cecilia’s Home for the Elderly and the National Council of Ageing for the launch of its Home Health Care- Giver Training which begins on November 9th. 2015. The training which is in collaboration with the Pan- America Health Organization (PAHO) is geared towards persons who are employed or seeking employment as a care-giver in the homes of Belizeans and visitors.
(L-R) Ms. Melanie Gideon, General Manager Enterprise and Innovation Division, BELTRAIDE ;Mrs. Marva Allen, Sister Cecilia’s and Ms. Lindy Jeffery, National Council of Ageing
BTEC and in extension BELTRAIDE take this opportunity to thank all its partners who have made the first year a success and look forward to continued collaboration in order to develop, deliver and sustain Belize’s quality workforce!
At the “Foro de Cancun 2015”, Belize and Mexico signed a Memorandum of Understanding (MOU) to establish stronger business relations between both countries.
The Hon. Erwin Contreras, Minister of Trade, Investment Promotion, Private Sector Development and Consumer Protection signed on behalf of Belize while Mr Francisco N. González Díaz, Director General of ProMéxico, signed on behalf of Mexico. The signing was witnessed by Quintana Roo’s Governor, Roberto Borge Angulo.
Francisco N. González Díaz, Director General of ProMéxico and Hon. Erwin Contreras , Minister of Trade
“The signing of the MOU is a very significant milestone in BELTRAIDE’s BelizeINVEST Unit’s young existence! We have now been able to formalize an MOU with PROMEXICO, one of the foremost leaders in the field of global investment promotion,” said Mr. Nick Ruiz, General Manager of BELTRAIDE’s Trade and Investment Development Division. He added: “We have been working on this since late 2012; now we can proudly claim that our international network includes a partnership with PROMEXICO, a relationship which we will leverage to increase capacity here at home.”
As part of the MOU, both BELRAIDE and ProMexico will exchange information investment policies , opportunities and business data on Belize and Mexico. Both parties have collaborated to improve the investment climate of their respective countries and the effectiveness of their organizations by encouraging the exchange of training opportunities in the fields of exports and investment promotion facilitation and aftercare as well as through joint efforts in best practices.
For further information, please contact the Marketing and Information Unit of BELTRAIDE at 223-0323
On September 17, 2015, the Belize Trade and Investment Development Service (BELTRAIDE), in collaboration with the University of Belize held the ground breaking ceremony for the construction of a new facility: Belize Enterprise and Innovation Institute (BEI2).
The building will be located on University of Belize’s Faculty of Management and Social Sciences campus in Belize City and will house two of BELTRAIDE’s technical units: SBDC Belize an Export Belize. It is designed to nurture entrepreneurship and innovation and strengthen Belize’s enterprise competitiveness.
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.
Training commenced today, concurrently at San Pedro, Bermudian Landing and in Belize City for the BA1 Project.The BA1 Project includes an initiative to provide seed funds (small grants) to improve the lives of women who are at risk of and/or are victims of gender based violence and trafficking of women to help them improve their economic status. The consultancy shall provide support to strengthen women’s capacities, both in employment skills and self-esteem, to support the identification and elaboration of productive business concepts for entrepreneurship, self-employment or cooperatives.
SBDCBelize and BTEC will therefore;
- Support the participating of women (or cooperatives/women´s groups) in development of their business, marketing and life plans with a focus on sustainability of activities beyond the consultancy period.
- Develop and implement methodological tools for follow up and monitoring of the life, marketing and business plans. During the contract period, continuously monitor and support the women in their personal development and implementation of their businesses.
- Develop a network where the women awarded seed funds can exchange experiences and give each other support.
- Systematize the experience: document the process of the consultancy products and the lessons learned.
If you would like to know more about this remarkable capacity building opportunity please feel free to contact the Women’s Department in your area.
EXPORTBelize, BELTRAIDE congratulates Hot Mama’s Belize for its participation in Mr. Densil Williams’s case study.The study entitled Competing against Multinationals in Emerging Markets draws on efficiency theory, portfolio theory and market structure theory as the lens through which to explain business survival/ failure. By using those theoretical insights along with case studies the book provides a comprehensive set of lessons which successful small firms have adopted in order to survive and prosper in an increasingly hostile competitive manufacturing sector where large firms are mostly dominant. Drawing lessons about competing in a highly competitive sector, the book uses the of narrative in social research to inform conclusions about factors which lead to survival and prosperity.
The Book is available on Amazon:
As part of its Entrepreneurship Program for Innovation in the Caribbean (EPIC), infoDev is seeking a qualified firm with presence in the Caribbean to support the team in the delivery and implementation of the Women Innovators Network in the Caribbean (WINC) program. Whilst already published on infoDev’s website, we bring this opportunity to your attention – for your own consideration and/or assistance in circulating to others who may have the interest and required capabilities to apply. As you will imagine, we are keen to bring on board the very best support possible for the region’s women entrepreneurs!
Expression of Interest Deadline: 11th August 2014, 11:59 PM (EST)
Overview of WINC’s program
WINC is implementing a hybrid approach in supporting innovative and growth-oriented women entrepreneurs in the Caribbean, with the objective to (i) actively encourage growth-oriented women entrepreneurs to apply and participate in EPIC’s Caribbean Mobile Innovation Program (CMIP) and Caribbean Climate Innovation Center (CCIC); and (ii) provide business acceleration service offerings to innovative and growth-oriented entrepreneurs in other sectors. Across all sectors, WINC will provide a peer-to-peer network to support growth-oriented women entrepreneurs and inspire future women business leaders in the region.
WINC’s three main program components are as follows:
Notice for CARIFORUM Fashion Firms
Invitation to participate in Dominicana Moda 2014
October 20-25, 2014
Santo Domingo, Dominican Republic
The Caribbean Export Development Agency (Caribbean Export) under the 10th European Development Fund (EDF) will be collaborating in the organization of Dominicana Moda 2014 (DM2014) in Santo Domingo, Dominican Republic. Caribbean Export is highly committed to the development of the Fashion sector in the Region and seeks to enable opportunities such as these to engage relevant stakeholders and foster sector-wide integration. This collaborative effort will provide a great opportunity for emerging and established fashion designers in the Caribbean to expose their vision at a regional and international stage, thus positioning the Caribbean as an international go-to location for Fashion design and ingenuity.
In the past 9 years, Dominicana Moda has grown to be the official Fashion Week of the Dominican Republic thus the most important platform for the Fashion Industry. Throughout its history it has certainly become the fastest growing runway show in the Latin American region.
Dominicana Moda is a yearly event for around 6 days of continuous runway shows where the best brands and designers come together. Major fashion houses have participated in the past, and this year it will surely continue to grow. Continue reading “Expression of Interest Notice – Dominicana Moda 2014”