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Technical Assistance

Joint Agenda for Tourism Development at the Border Zone Belize-Guatemala


Under our Inclusive Linkage in Central America and Dominican Republic Project, a joint agenda for Tourism Development at the Border zone Belize-Guatemala was recently formulated after intense consultations with public and private stakeholders from Belize and Guatemala.   The purpose of the joint agenda is to promote the tourism development in the border zone which includes San Antonio, San Ignacio/Santa Elena, San Jose Succotz, Benque Viejo, Melchor de Mencos and Flores Peten through capacity building and the establishment of strategic alliances among stakeholders to generate sustainable development at the border zone. Continue reading “Joint Agenda for Tourism Development at the Border Zone Belize-Guatemala”

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””

Grow your business through better cash management


By Mike Ward

Publisher: U.S. Bank – Posted on 02/08/2013

“When it comes to your small business one of the biggest challenges can be having the cash to grow. There are a number of “cash management” tools offered by banks that can help your business pick up surprising amounts of cash flow without increamoneysing traditional borrowing levels.

As simple as it may seem, before you can identify tools to improve cash flow you must understand your company’s cash cycle. The cash cycle consists of:

  • How you get paid.
  • What you do with the cash you have on hand.
  • How you pay it out.

Getting paid

Getting paid faster clearly builds available cash. Small businesses can’t always negotiate better payment terms with their customers, but they can make it easier to get paid and also move money to their account more efficiently. Start by ask yourself: Continue reading “Grow your business through better cash management”

SMALL BUSINESS DEVELOPMENT CENTER- WHO WE ARE, WHAT WE DO, HOW IT’S BENEFICIAL TO YOU!!


Jules and Omar working togetherIn Belize, the small business community, known as MSME-(Micro, Small, and Medium enterprises) is a vital sector for economic development. It is estimated that MSMEs account for over 70% of main export crops and an even higher percentage of domestic food crops.  It is within this spectrum that the Government of Belize has strengthened its focus on supporting the development of the MSME Sector.

How is the SBDC beneficial to you?

The provision of long term one-on-one assistance to SBDC clients is of priority to us.   You can receive assistance from a counselor at any point in your business operation.  The technical trainings and advisory services provide YOU, our valued SBDC client, with technical information at workshops, and ensured implementation through personal follow up advice from a counselor to answer any questions.

 Flyer _SBDC

A Successful Launch of Belize’s First Small Business Development Center


According to Channel 7 News Belize, “For months – we’ve been telling you all about Micro, Small and Medium Enterprises – or MSME’s as they are called.

Throughout the developing world – efforts are being made to grow these enterprises because they are seen as the building blocks of economic growth.

Today, a great leap forward was made the opening of the Small Business Development Center.

The center is located at the University of Belize Faculty of Business in West Landivar.

It’s open – but the formal opening could not be held there – because like the businesses it hopes to serve – the center is….shall we say, micro.

But it’s got a mighty bog job to do and the Deputy Executive Director of Beltraide who is spearheading the effort told us if you think your business qualifies, you should come in.”

For more information Click here 

Source: 7 News Belize: http://www.7newsbelize.com/index.php#story7

How Can Belize Reap The Best Fruits From Our Agricultural Sector?


According to the Statistical Institute of Belize, the Agricultural sector, which is the backbone for our country’s revenues, had once again reduced its contribution to Belize’s Gross Domestic Product. This time, it was a much more significant decrease of 3.4%, from 2010 to 2011. One is left to plunder, how can we now address such dilemma?

With this sector being one of utmost importance to our country, necessary attention must be given particularly, by the primary stakeholders. Whether we are talking about the producers, processors, health authority, NGO’s, policy makers, or just the everyday consumer, we must ensure a quick rebound of this sector.

As producers, capitalize on your land, embrace capacity building and reap the best fruits from your land.  One way to do this is by engaging in multi-cropping, that is, cultivating two or more crops in the same space, at the same time. Multi-cropping can be done with tomatoes and cabbages, ocro and yams, sweet pepper and cucumber, or even lime and oranges; by the end of the day, these will lead to the intensification of land use; and division of production cost between these products.

Apart from farmers playing their role, it should in the best interest of policy makers, to provide positive incentives to these farmers, in order for them to be able to increase their production.  One such incentive can be in the form of land, increasing producers’ access to land, would certainly expand these producers cultivated area and increase their level of production, which will create employment for Belizeans. Continue reading “How Can Belize Reap The Best Fruits From Our Agricultural Sector?”

2nd Modular Training for the establishment of Small Business Development Centers in Belize-


PRESS RELEASE

“SBDC Consulting and Training Service”

July 3, 2012– BELTRAIDE in collaboration with the University of Texas at San Antonio (UTSA), the Organization of American States (OAS), and Caribbean Export Development Agency (CEDA) will be conducting its 2nd Modular Training on the 4th and 5th of  July 2012 at the Belize House of Culture in Belize City commencing at 8:30am – 5:00pm.   The participants will be focusing on adopting techniques in the following areas: (1) how an SBDC Counselor organizes his/her time, (2) tips for effective consulting sessions, (3) how to develop an SBDC training program, (4) how to promote SBDC in the community (5) why do we operate specialized SBDCs. The overall objective of this 2nd modular training is to prepare SBDC professionals on how to manage their centers and how to deliver the counseling and training services for their small business clients.   Continue reading “2nd Modular Training for the establishment of Small Business Development Centers in Belize-“

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