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BELTRAIDE makes presentation at National Women’s Forum hosted by Women’s Department


On May 19th 2016,  Ms. Lejia Melanie Gideon, General Manager, Enterprise and Innovation Division, Beltraide,   presented to a roomful of women from all over the country on the  role of the Small Business  Development Centre (SBDCBelize), Beltraide, in  creating economic prosperity through entrepreneurial development, business innovation and competitiveness.

Ms. Gideon shared an inspiring analogy, describing the process of opening a business to being similar to that of childbirth. She shared that in the same way an expecting mother awaits the birth of her child with eager anticipation and most times,worry, a new business owner worries over the success of his or her business. She explained that just as how family and friends offer guidance with  the care of the new child, Business Advisors at SBDCBelize  assist  business owners to nurture and grow their businesses.

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Lejia Melanie Gideon- General Manager, Enterprise and Innovation Division, Beltraide

In her presentation, Ms Gideon encouraged the women to explore their potential to become entrepreneurs by becoming a client of SBDCBelize and partaking in their free business advising sessions and year-long workshops offered currently in all districts.   She also shared information on the work of the Belize Training and Employment Centre (BTEC), another unit of Beltraide, which provides  various industry-specific job preparedness trainings in areas such as: Business Process Out-Sourcing (BPO), Front Desk, Bartending, Waitstaff, Basics of Care-Giving and more.

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She encouraged all women to take advantage of the opportunities offered to them by Beltraide and asked those interested to visit the offices or send an email guaranteeing that every query will be answered.

Beltraide, which operates within the portfolio of the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce, aims to  enable a dynamic business environment  for Belize’s socio-economic growth  and looks forwards to an ongoing partnership with the Women’s Department which continues to encourage the economic development and empowerment of women through various programmes and projects.

The forum was an all day event and included other presentations from representatives of Credit Unions, the Cooperative Department, the Belize Enterprise for Sustainable Technology and many others.

 

 

Standards are Important!


It does not matter whether you are a small/medium-sized business or a large company, standards are important! 

To paraphrase ISO, standards are basically rules that ensure quality in the development of a product or deliverance of a service.  As a company seeks to internationalize or gain international markets, adapting and complying with quality standards become a MUST!

Standards are divided into Technical Standards and Mandatory Standards. In Belize, some of our Small and Medium Enterprises (SMEs) may not even be aware that there are minimum accepted practices for the production of goods or services.  These are known as Technical Standards, but they are NOT mandatory. These cover aspects such as terminology, symbols, and packaging marking of a product.

On the other hand, Technical Regulations or “mandatory standards” are specifically designed to protect consumers. Therefore, they carry legal implications for non-compliance. Examples of Technical Regulations for Belize includes Packaging and & Labeling, Liquid & Petroleum Gas, and Labeling for tobacco products and for beverages.  Technical regulations cover two tasks:

  1. Product characteristics which are generally found in the relevant standard and,
  2. Administrative procedures, which are processes that are necessary to ensure compliance with the requirements outlined in the technical regulations, which cover areas relating to testing, certification, inspection, approval, and sanctions. One well known example is ISO:9001, which is quality management system. This standard allows for a system of procedures from the time inputs are procured to the final products leaving the facility, so as to ensure consistency and quality.

For example, if a small business is interested in exporting fish to the United States, the standard requirements will be specific to the importing country, such as the United States Department of Agriculture (USDA) standard requirements. Given the health implications associated with this product, measures will have to be put in place for the production area, storage, and shipping.  Additionally, the exporter will have to meet.

 

So what are some of the benefits of adopting Standards?

  • Protecting of consumers from danger and health risks.
  • Providing accurate information to consumers.
  • Ensuring and improving quality and safety.
  • Facilitating international trade, and improving your market competitiveness.

 

For more information on standards, please contact BELTRAIDE or the Belize Bureau of Standards.

Micro-Enterprise Utility Start-Up Package – “An immediate relief measure for entrepreneurs and new starts-up”


The Belize Trade and Investment Development Service (BELTRAIDE) is pleased to announce the “Micro-Enterprise Utility Start-up Package” for the promotion, strengthening and support of the newly registered Micro Enterprise (ME). Micro Enterprise is defined as a business with:

a) less than 5 employees; or

b) less than $100,000 in annual sales; and

c) less than $50,000 in capital investment.

With the support of the Government of Belize, through its Office of Public-Private Dialogue, BELTRAIDE had partnered with the Belize Telemedia Ltd (BTL), Belize Water Services Ltd. (BWSL,) and Belize Electricity Ltd. (BEL) to make this initiative possible. These three key utility service providers will be offering attractive packages for new starts-up businesses. The packages will waive connection fees and deposits for these three utilities.

Continue reading “Micro-Enterprise Utility Start-Up Package – “An immediate relief measure for entrepreneurs and new starts-up””

SBDCBelize- Its Here, Its Real, and Its Opened to the General Public!


Do you have the idea of starting  your own business? Or are you an established business that simply needs ideas on how you can improve?

At approximately 8:00a.m., this Thursday morning, all the buzzing stopped and the work began, when Belize’s First Small Business Development Center(SBDCBelize) opened to serve the general public.

The center will administer customized needs- based services to Micro, Small and Medium Enterprises, in order to facilitate their competitiveness and export readiness.

SBDCBelize will provide advisory services and training on:

  • How to start a business
  • How to develop a business plan
  • Getting access to finances, and managing finances effectively
  • Engaging in marketing and sales
  • Managing human resources

Visit SBDCBelize Today, we are located in Belize City, at the University of Belize Campus,  Faculty of Business Studies, West Landivar. Don’t have the time to stop by, then give us a call, at 223-3195, or send us an email: sbdc@belizeinvest.org.bz

SBDCBelize: Making Small Business Happen

Belize’s Small Business Development Center Now a Reality!


SBDC_2October 26th, 2012

  TheBelize Trade and Investment Development Service (BELTRAIDE), in partnership with the University of Belize, The Institute for Technical and Vocational Education and Training (ITVET), the Development Finance Corporation (DFC), The Belize City Council, with the kind assistance from The University of Texas at San Antonio (UTSA), and the Organization of American States (OAS), is pleased to announce the launch of Belize’s first Small Business Development Centre. The launch will be held on Wednesday, October 31, 2012 at the Radisson Fort George Hotel, Cahal Pech Room, at 2:00p.m. Present at the Launch will be various local officials and stakeholders and representatives from UTSA and OAS, who are integral partners in this initiative.

BELTRAIDE engaged in extensive research to effectively evaluate the success of the SBDC model in United States of America, Mexico and Central America, and restructured the model to make it applicable to Belize. Over the past months, multiple trainings were conducted with several stakeholders. This initiative strengthened the readiness of Belize in establishing the center. SBDC Belize will offer the necessary business support to MSMEs, facilitating their competitiveness, export readiness; henceforth, assisting them to develop their competences. Continue reading “Belize’s Small Business Development Center Now a Reality!”

Press Conference – Medical Tourism – Thursday, October 11, 2012


Medical Tourism

Medical Tourism Draft Proposal Ready, All On Board
2012-10-11
The consultations on medical tourism have been going on for the last three months. And now the consultant has come up with what’s called a draft sector strategy – which means consultation is finished – and now the work comes to crafting the policy document. The various stakeholders held a final consultation followed by a press conference in Belize City today – and here’s what they said:..

Mike Singh, CEO – Trade and Investment
“As we discussed in the meetings the vision of the government is to develop an industry that will create employment job opportunities, secondly, will afford us technology transfer to create the kind of knowledge jobs that Belize needs and also improve for Belizeans healthcare that right now is being exported. A lot of our Belizeans healthcare recipients actually travel to places like Merida, Guatemala and Miami for medical attention.”

Massimo Manzie, Consultant
“This has been 3 months that we will be in Belize to analyze the competitiveness environment that Belize has. Belize has a lot to offer to medical tourist. This is a renowned retirement destination – a natural tourism destination. This is a place where people really like to come; this is an English speaking country – a country that is not facing the same communication problems that other problems in Latin America that are willing to receive patients are facing.”

Continue reading “Press Conference – Medical Tourism – Thursday, October 11, 2012”

GSR ENERGY AND BAGASSE CO-GENERATION PROJECT RECEIVES GRANT FUNDING


“GSR Energy Limited is one of the winners of the 2012 IDEAS Energy Innovation Contest for the Caribbean.  The award is in the form of a grant for the Bagasse Co-Generation Project. An excerpt from the link in regards to the contest is provided below.

After three years of self-funded effort, GSR Energy Limited’s Bagasse Co-Generation Project has received a vote of confidence from an international consortium.

In addition to grant funding, GSR Energy Limited will receive technical and business development support to implement the Sugar Cane Bio-Refinery Project which is comprised of the Bagasse Co-Generation Project fully integrated with an Ethanol Plant.

GSR Energy Limited will also receive access to other experts, policy makers, institutions and potential financial partners.”

Further details are provided in the following link:

http://iadb.org/en/topics/energy/ideas/ideas,3808.html

Source: Inter- American Development Bank: http://iadb.org/en/topics/energy/ideas/ideas,3808.html

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