In a significant move to support local entrepreneurs, the government disbursed cash grants exceeding $30 million to over 143 small business owners in Region Three. The distribution, organized by the Ministry of Tourism, Industry, and Commerce under the Small Business Bureau, took place in Santa Mission, Leguaan, and Wakenaam. Recipients of the small business cash […]
Agriculture Minister Zulfikar Mustapha emphasized the critical need for collective action to ensure food security in the Latin America and the Caribbean region. This call was made during the second ministerial meeting of the Community of Latin America and the Caribbean States (CELAC), where Ministers of Agriculture and high-level officials engaged in discussions related to […]
Pastel Explosion 2024, an event held over the weekend in Georgetown Bus Park, Linden, has been declared a success by coordinator Ziningi Ngqondo. The primary goal of the event was to spotlight local small businesses and provide a networking platform for their success. The event, now in its third year, featured more than thirty local […]
Budget 2024, with a close to four billion dollar allocation for business development, is seen as a significant opportunity for all Guyanese to explore and benefit from. The private sector, particularly the Guyana Manufacturing and Services Association (GMSA), encourages individuals to examine the budget and identify areas where they can initiate and expand small businesses. […]
The Guyana Tourism Authority (GTA) organized the second round of the Tourism Business Clinic, streamlining the processing of documentation and licenses for tourism businesses. This initiative aims to simplify and expedite the certification and licensing procedures for tourism operators. In the past, businesses had to navigate multiple agencies individually to obtain certifications and licenses. However, […]
The Private Sector Commission (PSC) has expressed its appreciation for Budget 2024, commending the government for its commitment to sustainable and people-centered economic transformation. PSC Chairman, Komal Singh, highlighted the positive measures announced in the budget, particularly addressing the challenges faced by small and medium-sized enterprises (SMEs) in accessing finance. Budget 2024 allocates $450 million […]
In a move to boost the small business sector and foster economic growth, the Guyanese government has announced a substantial financial injection into the Small Business Development Fund and increased support for the Small Business Bureau. The details were shared in the latest Republic Bank-sponsored Business report. Finance Minister Dr. Ashni Singh highlighted the crucial […]
President Irfaan Ali recently officiated the commissioning of a state-of-the-art $30 million marine facility at Nismes, West Bank Demerara, owned by GAICO Construction & General Services Inc. The event was marked by the presence of government officials, industry leaders, and local residents. The facility, conceptualized in 2013 by GAICO CEO Komal Singh, includes a dry […]
In a significant effort to support local entrepreneurs, 152 small business owners from Region Six received business grants on Friday through the Small Business Bureau of the Ministry of Tourism, Industry, and Commerce. The distribution ceremony took place at the Belvedere Business Centre, aiming to provide financial assistance to entrepreneurs with small establishments or startup […]
In the festive spirit, around 50 small businesses seized a unique opportunity to showcase their products and services at a pop-up shop hosted by Pop Up Nation 592 at MovieTowne. This collaborative effort with the Women’s Chamber of Commerce and Industry Guyana aimed to provide entrepreneurs with a special platform during the holiday season. The […]