Posted: Thursday, September 4, 2014. 1:57 pm CST.
Thursday, September 4, 2014. AARON HUMES Reporting: The second round of grants to small businesses participating in the Emprende project co-sponsored by BELTRAIDE, the Center for the Promotion of Micro and Small Enterprises (CENPROMYPE) and the Republic of China (Taiwan) concluded today.
From a field of 88, 14 persons were selected to receive seed capital of between $7,000 and $14,000 for their businesses.
These persons benefited from training by BELTRAIDE’s Small Business Development Centre and are now receiving what CEO in the Ministry of Trade and Investment Michael Singh called a leg-up.
According to Singh, the group had to present themselves to a panel and show how the seed capital will be invested to better their businesses.
They are expected to work toward exporting and showing their products across Belize and even in the international market.
It is part of BELTRAIDE’s commitment to developing small business in Belize and making them competitive.
One of the winning entrepreneurs is Mervin Budram, proprietor of TAS Belize, a graphic design and computer engineering business which has developed and maintained websites in and out of Belize.
Budram says he will put his money toward advertising to make his business better known.
Among the better known entrepreneurs benefitting from the grants are clothing designer Rebecca Stirm from Belmopan and Maria Villanueva, proprietor of Marvilleous Sauces.
The grantees are expected to help draw others to BELTRAIDE’s services as they continue to promote the development of small businesses in Belize.
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