Hurricane Names 2019
May 29, 2019
All about the kids: Education stakeholders hold roundtable discussions
May 29, 2019

BELTRAIDE launches new business support programme

Posted: Wednesday, May 29, 2019. 2:59 pm CST.

By BBN Staff: Today, the Belize Trade and Investment Development Service (BELTRIADE) launched a new programme geared towards developing Micro, Small and Medium Sized Enterprises (MSME)’s at the Best Western Biltmore Plaza.

The programme aims to reduce the cost of doing business for MSME’s by granting them waivers for importing material they need for their businesses. Dr. Leroy Almendarez, Executive Director at BELTRAIDE, explained that 70 percent of Belize’s economy comes from MSME’s however many of them are operating informally or unregistered.

Almendarez said that BELTRAIDE hopes to encourage more businesses to become registered with the various bodies such as the Department of General Sales Tax (GST) so that they can take their business to the next level.

“We will sell them the benefits and we hope that as we go around the country starting very soon, that more of these entities will want to become formalized because that’s the only way you can benefit, you have to be registered,” Almendarez said.  

Entities such as the Economic Development Council, Belize Bureau of Standards, and Companies Registry were at the event along with financial institutions and some business owners.


Аdvеrtіѕе wіth thе most visited news site in Веlіzе ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Веlіzе аnd аbrоаd! Соntасt uѕ аt [email protected] оr саll uѕ аt 501-601-0315.


© 2019, BreakingBelizeNews.com. This article is the copyrighted property of Breaking Belize News. Written permission must be obtained before reprint in online or print media. REPRINTING CONTENT WITHOUT PERMISSION AND/OR PAYMENT IS THEFT AND PUNISHABLE BY LAW.

  • Galen University
  • larry waight
  • Galen University

Leave a Reply

Your email address will not be published. Required fields are marked *