The Center for Local Business Development (CLBD) has launched its ‘AccelerateHer’ program aimed at fostering the growth and leadership skills of women entrepreneurs across Guyana.

The initiative commenced on Friday with the participation of 25 selected women from various sectors.

The ‘AccelerateHer’ program is designed to support women who own, operate, or manage businesses, providing them with workshops, one-on-one mentoring opportunities, and a supportive learning environment.

This year, the program received applications from over 80 enterprising women, highlighting the demand for initiatives that empower female business leaders.

In her address, Dr. Vindhya Persaud, Minister of Human Services and Social Security, underscored the importance of self-investment and seizing opportunities for personal and professional growth.

She emphasized that investment goes beyond financial terms, encouraging participants to explore all opportunities available to them, even those they may have to seek out themselves.

Minister Persaud challenged the participants to envision their businesses not just within the local and national markets but also on an international scale.

She urged them to consider collaborative models and partnerships that could amplify their impact and extend their reach globally.

The program kicked off with a weekend Boot Camp, serving as the initial phase where participants engaged in activities such as brainstorming for growth, honing their business pitches, and developing business model canvases.

This foundational training aims to equip women entrepreneurs with the skills and confidence needed to navigate and excel in competitive business environments.

The ‘AccelerateHer’ program represents a significant investment in women’s economic empowerment, aiming to accelerate the growth of local small businesses led by women.

As the participants progress through the program, they are expected to leverage their newfound skills and knowledge to drive innovation and sustainability within their enterprises.

The initiative not only supports individual women entrepreneurs but also contributes to broader economic development goals by fostering a more inclusive and resilient business ecosystem in Guyana.