Sunday, April 19, 2026

IDB boost for small businesses

Date:

Share post:

OVER 100 micro, small and medium enterprises (SMEs) are expected to benefit from an Inter-American Development Bank (IDB) funded project that will lend technical support and capacity building to them, while creating more tourism-related jobs.
During a Press conference yesterday at the Lloyd Erskine Sandiford Centre, it was pointed out that the multifaceted project,   tripartite agreement between the IDB, the Ministry of Tourism and the Barbados Small Business Association (BSDA), was funded under the Multi-Lateral Investment Fund to the tune of US$240 500.
The project, themed Development Of Tourism Micro-Projects In Barbados, seeks to improve the quality of products offered to tourists in three main sectors of agro-processing, woodworks and the small hotels subsectors, and is expected to create over 400 jobs. (CT)

Related articles

Cohobblopot returns for Crop Over 2026

The Minister with responsibility for culture Shane Archer has officially announced the return of Cohobblopot as part of...

Workshop prepares hotels for crises

The Barbados Hotel and Tourism Association (BHTA) convened its 2026 Emergency Management Workshop at The Crane Resort, St...

Rise in vaccines for measles

Barbados recorded an increase in its immunisation coverage for measles in 2025. It is a small victory for...

Grandfather killed after eating luncheon meat

A drop of blood on the ear of Keon Curwen Downes aroused the suspicions of police who were...