EXPORTBelize in collaboration with The Nature Conservancy (TNC) held a “Meet and Greet” session with the different fishermen association and the Development Finance Corporation. The session included a presentation by EXPORTBelize to provide an insight on the Memorandum of Cooperation between EXPORTBelize and The Nature Conservancy. Continue reading “EXPORTBelize & The Nature Conservancy holds “Meet & Greet””
The Belize Trade and Investment Development Service (BELTRAIDE) on PGTV
April 9, 2014- On the 9th of April, the Development Finance Corporation (DFC), and the key investment promotion agency, Belize Trade and Investment Development Service (BELTRAIDE), signed a Memorandum of Understanding (MOU) to benefit local Micro, Small and Medium-Sized Enterprises (MSMEs) in the areas of credit facilitation and credit management.
DFC, the country’s premier development financing institution, currently offers and manages a series of productive sector credit programs geared toward the MSME sector in Belize. BELTRAIDE, through its Small Business Development Centre Belize (SBDCBelize), will be providing much needed long-term technical assistance through the advice and training to entrepreneurs and MSMEs, who intend to access credit through the DFC, to systematically improve their access to funding and develop their business acumen. It is greatly expected that in working with these clients, SBDCBelize will increase their potential to access credit from the DFC and also lower the lending risks for DFC, for this particular sector. This collaboration is expected to better connect our clients to much needed start-up or expansion capital and better prepare them to actively participate in a competitive environment. In addition to assisting new clients, the collaboration will also benefit existing clients of the DFC who may want to enhance their business management practices.
The signing of the MOU was held on Wednesday April 9th, 2014 at the Development Finance Corporation Headquarters Office, in Belmopan, between both parties. It is one of several initiatives being taken by both institutions to support small and medium size business development in the country.
Interested persons are asked to contact any of the DFC’s Offices countrywide or BELTRIADE Office.
For more information, please feel free to contact us:
Belize Trade and Investment Development Service (BELTRAIDE)
14 Orchid Garden St., City of Belmopan, Cayo District, Belize
Telephone: 501-822-3737 or 501-822-0175
DFC celebrates 50th anniversary
The Development Finance Corporation is celebrating its fiftieth anniversary. Established in 1963, the DFC is a lending organization that provides loans for agriculture, housing, education and tourism. And today, at its branches across the country, several activities were held…and in Belize City in particular, free health checkups and credit consultations were provided to its customers. News Five spoke with Belize City Branch Manager, Rolando Thompson, who says that DFC distinguishes itself from other lending institutions by providing supervisory credit lending support.
Rolando Thompson, Belize City Branch Manager, DFC
BUSINESS PLAN GENERAL INFORMATION
What is a Business plan?
A business plan outlines your vision and goals for your business; it is the roadmap for future development.
Importance of the business plan:
Crucial when you are seeking financing. It helps investors and financial institutions understand your business and what you intend to spend the money on.
It is an important management tool for setting development goals for your business.
It is also an evaluation tool as it will help you evaluate where your business is and whether it has achieved any of the objectives you have set. Continue reading “Did you know?? Developing a Business Plan can be as easy as 1 2 3”