BTEC successfully completes another round of Job Preparedness Trainings

The Belize Training and Employment Centre (BTEC), a unit of the Belize Trade and Investment Development Service (BELTRAIDE), has successfully completed its Waitstaff, Housekeeping and Bartending Trainings which provided participants with  the necessary skills to equip them for employment in the hospitality industry.

These three-week trainings, which ran from October 29th– November 16th,  were held simultaneously and covered soft skills, customer service as well as industry specific technical skills where trainees were taught the essentials of perfecting their trade. The Waitstaff training was facilitated completely by BTEC’s staff while the Housekeeping and Bartending Trainings were executed in partnership with Happy Maids Cleaning Service and the Belize Bartender’s Association (BBA) respectively.

To celebrate the outstanding accomplishments of the forty-four successful participants, the Belize Training and Employment Centre held a certificate ceremony on November 21st 2018.


BTEC, and in extension, BELTRAIDE, continues to remain at the forefront of the dynamic market demands while fulfilling its purpose to reduce the barriers to gainful employment and remain committed to developing  and sustaining Belize’s quality workforce.

BELIZE HACKATON 2014 - Unlocking ICT Innovation



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



The “new” debt crisis, and why austerity won’t work

The “new” debt crisis, and why austerity won’t work

January 30, 2014

January 22, 2014///by Daryl Dujon

 The problem of toxic debt levels in the Caribbean is neither new nor particularly surprising, given the established trends in government spending even amidst poor economic performance and dismal growth prospects. However, the recent and ongoing involvement of the Inter

national Monetary Fund (IMF) in the region’s economic affairs and the familiar championing of spending cuts and austerity are cause for concern, especially with the Fund’s history of botched economic experiments in Latin America (including Argentina) , Asia and now Greece. While huge public spending cuts seem to be a band-aid for the economic hemorrhaging, they are inadequate and short sighted solutions to the much bigger problem of creating (and supporting) economic growth.

The basics of budget deficits, and why they keep happening

Simply put, deficits exist because governments spend more than they receive through taxation in a given budget year.* This spending is often wasteful: used to maintain or increase core political support; lost through white elephant (often infrastructural) projects with no return on investment; or pumped into social spending with no positive social gain. In a recessionary period, however, the effect of budget deficits is amplified by contractions in growth and employment and corresponding reductions in tax revenue. There is pressure to increase social spending, which cannot realistically be done in cash-strapped economies without significantly increasing public debt. Continue reading “The “new” debt crisis, and why austerity won’t work”

The Importance of Excellent Customer Service & Feedback Surveys

Is offering a good customer service important? Of course it is. You don’t need me to tell you that, because we all know it already. Although that’s a sure truth, it doesn’t harm anybody to take a look at the stats showing why we need to pay attention to this part of our businesses.


Customer service is important because it can make the difference in your business. It can be the reason for a customer to switch either towards you or towards your competitors, depending on who offers the best customer service. A research conducted by RightNow on Customer Experience Impact in 2011 revealed that 89% of customers gave up being a company’s client and turned to competitors after receiving poor customer service. That’s quite a high percentage, definitely worth considering before raising the voice at your client because he’s asking you the same question over and over again. Continue reading “The Importance of Excellent Customer Service & Feedback Surveys”

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