By Anesta Henry Barbados’ financial system is too dependent on commercial banks, unbalanced, narrow, and not good at mobilizing domestic savings for domestic investment, Professor Avinash Persuad said. The Prime Minister’s Special Envoy on Investment and Financial Services holds the view that a heavy dependence on the banks must change, if the economy is to grow, […]
Category: Entrepreneurship
Government will be giving “front-burner status” to small businesses as it encourages the build out of entrepreneurship across the island. Word of this from Minister of Small Business, Entrepreneurship and Commerce Dwight Sutherland who welcomed the opening of the Dollar Smart Discount store in St Patricks, Christ Church on Friday. Sutherland said it was Government’s […]
The eighth cohort of the Barbados Entrepreneurship Foundation and FLOW (BEF/FLOW) $20 challenge highlighted that more of the island’s youth are exploring opening their own businesses. The Student Market Place, held at the Sky Mall, Haggatt Hall, was buzzing with activity. Some 60 businesses from 110 students of 17 schools set up shop for the event. […]
As Barbados’ economy undergoes a transformation, the minister responsible for Small Business, Entrepreneurship and Commerce says there’s a need for curriculum reform in schools. Minister Dwight Sutherland was speaking Friday at the City of Bridgetown Cooperative Credit Union, Lower Broad Street Bridgetown headquarters during the launch of the Agricultural Entrepreneurship Programme. The programme is hosted […]
The Minister of Labour and Social Partnership Relations has made an urgent appeal for self- employed individuals to make their payments to the National Insurance Scheme (NIS). Colin Jordan made the special call as he delivered the keynote address at the fifth NIS GEM Awards ceremony at the Lloyd Erskine Sandiford Centre Saturday evening. Jordan, […]
Barbadian entrepreneur Dale Trotman has launched an innovative app that he believes can revolutionize health records management, not only in Barbados but across the Caribbean. Speaking during the official launch of MedRegis EHR last Friday, he said he had been working over the past five years to ensure the app, which will enable medical professionals to move […]
Roneldo Rock won Barbados’ tenth medal with a bronze in the Under-18 Boys 800m at the CARIFTA games. This is Rock’s second bronze medal. He also finished third in the Under-18 Boys 1500m.
With the rate of unemployment on the rise, the Barbados Youth Business Trust (BYBT) says there is a noticeable gender divide in terms of the increased number of aspiring entrepreneurs turning to the youth development organization for help in starting up their own businesses. General Manager Cardell Fergusson reported that over the past two years […]
Create, innovate and make it happen! This is the theme of this year’s Camp Enterprise put on by the Youth Entrepreneurship Scheme (YES), promoting agri-business. The YES Manager, Selma Greene told Barbados TODAY the summer camp, which is now in its eighth year, also promotes self-employment as a viable career option. However, the focus this […]
Local artisans displayed their work today at the annual Crop Over Craft Works. The event, which is in its third year, was held at the Barbados Museum & Historical Society. Under the tag line ‘Design Innovation and Creativity’ Barbadians from all walks of life got the opportunity to display their talent in areas such as […]
Opposition Leader Mia Mottley says tonight’s decision of the Barbados Labour Party’s National Council to expel Christ Church West MP Dr Maria Agard was not an easy one. However, in a detailed statement, Mottley said it had to be taken as a matter of principle. She said the action stemmed from Dr Agard’s “inappropriate” conduct and her failure […]
Jason Lamont Batson was given six months in which to pay the court $10 000, or he will have to spend two years in jail. The 33-year-old carpenter, of Ivy, St. Michael pleaded guilty to five drug charges before Magistrate Douglas Frederick last month and was remanded until yesterday, when he reappeared in court. The […]
A business executive here has warned that too many Barbadian small business leaders are unaware of their true cost of doing business or their cash flow situation, leading to the demise of many small businesses. Chief Executive Officer of Dowell’s Advisory Services Inc Oral Dowell has told business owners it was time to “step it […]
Two young Barbadian entrepreneurs have advanced to the next round in the keenly contested Caribbean Call To Action Entrepreneurship Challenge. Joshua Forte, who presented his Red Diamond Compost’s creation of organic soil enhancers for farmers, and Nikele Davis, who pitched a natural hair styling app for women that would be offered by her company Moca […]
Tertiary and secondary educational institutions are being encouraged to form stronger linkages with businesses to assist students in preparing for their chosen careers. That advice came today from chief executive officer of Massy United Insurance Howard Hall, as he addressed a media launch of the company’s inaugural Manager for a Day programme. The initiative, which […]
Concerned about some of the waste going to the landfill, and passionate about recycling, Tom Fountain, 57, started a business. And although he did so in the middle of a recession, and he has very little hope local economic conditions will improve any time soon, Fountain, the managing director of Inktech Inc., believes he has […]
With the traditional sectors “saturated”, officials of Fund Access are reporting an increase in the number of entrepreneurs who are seeking assistance in establishing themselves in the cultural industries. Business Development Manager Kirk Dottin said he had recognized a change in mindset among Barbadians, who had started to see the cultural industries as a critical […]
