New initiatives for Greater Caribbean small and medium enterprises

PORT OF SPAIN – The Secretariat of the Association of Caribbean States (ACS) is part of the coordinating organizations, which will be hosting a Training Seminar on Small and Medium Enterprises (SMEs

PORT OF SPAIN – The Secretariat of the Association of Caribbean States (ACS) is part of the coordinating organizations, which will be hosting a Training Seminar on Small and Medium Enterprises (SMEs) Guarantees Support Systems on July 9 & 10, 2012.

The Directorate of Trade Development and External Economic Relations of the ACS is partnering with the Latin American and Caribbean Economic System (SELA), Ibero American Guarantee Network (REGAR), and the Trinidad and Tobago International Finance Center to examine the various guarantees support mechanisms that exist within the region, which are responsible for the technical and financial support needed for the establishment and advancement of SMEs.

Participation in this seminar is expected from public and private sector representatives from ACS Member and Associate Member Countries, regional financial institutions, as well as SME institutions and entrepreneurs of the Greater Caribbean, with the main objective to educate and empower the business sectors in the region.

Building upon experience gained at the Regional Forum: “Access to Credit and Financing for SMEs,” held in Jamaica in December 2009, this training seminar, which is an integral component of the Work Program of the Directorate of Trade, aims to encourage the development of new institutional and instrumental initiatives for guarantees and financing SMEs in the region and promote the training of officials and businessmen on the creation and implementation of guarantee systems at the request of Member States.

The seminar is guaranteed to be quite informative, as the list of speakers includes a range of experts on the topic from high level stakeholders such as the Caribbean Community (CARICOM), the Caribbean Association of Small and Medium Enterprises (CASME), the Caribbean Development Bank (CDB), and the Multilateral Investment Fund (MIF) among others.

The ACS stands committed to fostering regional growth and integration via this initiative, as it seek to develop alternatives to sustainable economic growth and development.

For further information, please visit http://www.acs-aec.org/index.php?q=events/2012/training-seminar-on-smes-guarantees-support-system or http://www.sela.org/view/index.asp?ms=258&pageMs=26403&item_id=100931 .

ACOUT THE ACS

The Association of Caribbean States is the organization for consultation, cooperation, and concerted action in trade, transport, sustainable tourism, and natural disasters in the Greater Caribbean. Its Member States are Antigua & Barbuda, The Bahamas, Barbados, Belize, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Mexico, Jamaica, Nicaragua, Panama, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname, Trinidad & Tobago, and Venezuela. Its Associate Members are Aruba, France on behalf of Martinique, Guadelope, Guyane, St. Barthèlemy & Saint Martin, and Curaçao.

About the author

Avatar of Linda Hohnholz

Linda Hohnholz

Editor in chief for eTurboNews based in the eTN HQ.

Share to...