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10th CHINA-LAC BUSINESS SUMMIT OCTOBER 14th & 15th 2016



We’re pleased to invite you to participate in the X China-LAC Business Summit, which will take place October 14th and 15th, 2016 in Tangshan, China. This Summit is organized by the Inter-American Dvelopment Bank (IDB), the Chinese Council for the Promotion of International Trade (CCPIT), the People’s Bank of China and the People’s Government of the Province of Hebei.

We invite you to register soon to obtain the benefits of participating in this Summit. Please see Link below:

Register for FREE

To view the benefits the IDB offers small and medium sized enterprises in the region,

Click here

Remember that August 19th is the deadline for registering and receiving the benefits.

Don’t miss it!

Calling all Caribbean Entrepreneurs!


Calling all Caribbean Entrepreneurs and their enablers!
 
The Secretary of State’s Office of Global Partnerships has partnered with Venture Hive to create a seven-week program focusing on providing support, engaging diaspora mentors and experts. And we need your nominations to help us track down the best and the brightest.
 
The program will focus on creating a solid foundation to scale, preparing for scaling through expansion or export, development of financing materials and preliminary due diligence documents, and utilizing international relationships and partnership for growth.

Continue reading “Calling all Caribbean Entrepreneurs!”

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.

 

 

BELTRAIDE WORKSHOP AIMS TO FOSTER AN INNOVATIVE ENTREPRENEURSHIP ECOSYSTEM IN BELIZE


 

The Belize Trade and Investment Development Service (BELTRAIDE) in collaboration with infoDev, a World Bank Group, hosted a one day workshop with stakeholders to chart a way to foster an innovative entrepreneurship ecosystem in Belize.

This workshop, which was held at the ITVET Dining room in Belize City on Monday February 29th, brought together incubator managers, entrepreneurs, academics, government officials, the media, donors and investors to facilitate the development of a collaborative approach to building a sustainable ecosystem for entrepreneurship and innovation.

The workshop, entitled ‘Accelerate Caribbean’s Entrepreneurship Ecosystem Development’, is part of the Accelerate Caribbean Project, which forms part of a seven-year, $20M Entrepreneurship Program of Innovation in the Caribbean, (EPIC). The objective of this project is to strengthen entrepreneurship and boost job creation across 14 CARICOM countries, including Belize. The project is designed by InfoDev and implemented by IMC Worldwide.

The Entrepreneurship Ecosystem Development Workshop will be followed by a three-day Accelerate Caribbean’s Business Incubation Management (BIM) Training from Tuesday, March 1st to Thursday, March 3rd, 2016 (ongoing), this is being held at BTEC training room.

BIM is designed for business incubation managers and other stakeholders wishing to increase their understanding and know-how of the business incubation process. Topics such as “planning and managing and incubator”, “monitoring, and evaluating an incubator” is part of the agenda.

Speakers of the workshop on Feb 29th included Ms. Sophia Muradyan, infoDev, from the World Bank Group, Natalia Pipia, team leader for Accelerate Caribbean, Kim Aikman, CEO from the Belize Chamber of Commerce and Industry, and a panel of private sector representatives.

This initiative was developed in tandem with Belize’s newly National Entrepreneurship Strategy.

END

16 Social Media Marketing Tips From the Pros


#1: Host Social Media Events

Mari Smith

Mari Smith

You can build a loyal, raving community by hosting online events that put the focus on your fans.

A fun and effective online event is hosting a “Fan Page Friday”—it’s essentially a virtual networking party where you allow all your fans to share links to their own pages on your page.

The event can last as long as 24 hours or more and is a great way to discover new businesses, get more fans, and build tremendous community while increasing your EdgeRank (news feed visibility), too.

Many page owners launch a Fan Page Friday event every week; however, I find it much more effective to host one about every four to six weeks, as it has a bigger impact. On my last virtual party, several thousand page owners participated, many of whom picked up as much as a hundred or more new fans as a result.

Be sure to include a hashtag like #FacebookFriday and schedule your initial invitation to go out very early in the morning. Then add another couple of invitations throughout the day.

facebook friday

Facebook Friday is a great way to build your community.

  Continue reading “16 Social Media Marketing Tips From the Pros”

Demand Solutions


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Do you have a startup that could change the world?

Apply to be selected among the most innovative startups in Latin America and the Caribbean!

This year the IDB will be selecting a group of 15 startups, to participate, from December 1st to the 3rd, 2014, in one of the most innovative events at the IDB in Washington, DC. The goal is to raise awareness and connect innovative solutions, creative ventures from Latin America and the Caribbean to the world.

Selected candidates will:

  • Be exposed to the best disruptive content on innovation, interactive events, hands on workshops, inspiring talks, and find new ideas, connect, share experiences and learn from peers;
  • Present their startups to the audience of DEMAND SOLUTIONS, including investors, executives, journalists, industry references, university students and prospective partners. They will also be evaluated by a panel of expert judges;
  • Work two days under the modality “Fly Garage” a Mondelez International innovation incubator, to be part of a social, collaborative and creative experiment for their startups;
  • Be awarded a round trip airline ticket from their home country to Washington, D.C., lodging, and a stipend for food and local transportation. It is expected that selected innovators commit to participate in all the activities of the program prior to and after the event.

Qualifications:

Continue reading “Demand Solutions”


UB E-Bulletin

UB E-Bulletin

Invest Belize Magazine 2014


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http://www.belizeinvest.org.bz/invest-belize-magazine-2014/

The 7 Deadly Financial Sins of Small Businesses


The 7 Deadly Financial Sins of Small Businesses

This year’s tax season has finally been put to bed. And many people — both small-business owners and consumers — are breathing a collective sigh of relief. However, there is a fundamental difference between business and personal finances when it comes to taxes. While the “average Joe” may not have to worry about taxes again until next year, “Joe the small-business owner” needs to start thinking about his next quarterly tax filing now. Yes, for the small business owner, the taxman cometh four times a year.

While this is bound to cause anxiety, it doesn’t have to be overwhelming. With proper planning and the right financial tools, many business owners can approach each filing with confidence.

For the entrepreneur who has achieved this, I applaud you. And for the rest, to start you off on the right track for next year I’ve flagged seven financial faux pas that are commonly overlooked by small businesses.

1. Not keeping financial records up-to-date. This is the number-one mistake small-business owners make and also the most important to remedy. While it seems logical to keep records accurate, it is easier said than done. No one wants to pour over accounts payable, receivables and cashflow at the end of a long day, which is why this important part of the business is often overlooked.

One way to help manage this is to employ financial tools that do the work for you. The cloud has opened up a myriad of applications that can “speak to one another” and automate backend services. Additionally, the anytime, anywhere ability of cloud computing and smartphones makes it so you can update your books on the go.

2. Skipping the annual budgeting and financial forecasting. If you don’t have something to measure against, how will you know if you are on track? Data is knowledge, so create a simple plan based on your business insights and knowledge of market trends to forecast ahead and plan accordingly.

3. Not meeting with an accounting professional regularly.  Remove some of the burden by working regularly with an accounting professional and use their expertise to your benefit. Indeed, a recent survey of 400 accountants by analytics company Zogby, found 65 percent recommend business owners meet with their accounting counterpart at least once per month to maintain good financial standing. (The study was commissioned by Xero.)

4. Misclassification of employees. This issue is becoming increasingly important as more businesses outsource jobs to contractors. It is also something the IRS has been paying close attention to, so be cautious! Misclassification can result in big fines and government scrutiny. Play it safe and classify accordingly. Continue reading “The 7 Deadly Financial Sins of Small Businesses”

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