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News & Updates

Learn about SBDC, updates, insights and upcoming in the community.

CBBS, Small Business Development Center join forces

Supporting small business owners to drive the development of a robust businesses in The Bahamas and resilient MSME sector,"

Cable Bahamas Business Solutions, a leading provider of advanced technology solutions, has announced a new partner. ship with the Small Business Development Center (SBDC), a non-profit organization that provides resources and support to micro, small and medium-sized enterprises (MSMEs) throughout The Bahamas.

The partnership aims to provide local and family island businesses through- out The Bahamas with the necessary resources and tools to help them grow and succeed.

We are excited to partner with the Small Business Development Center to provide comprehensive sup port to entrepreneurs and businesses in The Bahamas," said Delmaro Duncombe, director of B2B innovations for Cable Bahamas Ltd. "Our shared commitment to innovation and excellence will help businesses thrive and contribute to the growth of our economy."

The SBDC offers a range of services to business owners, including advisory services, training and development, mentorship, and access to capital. The partnership with Cable Bahamas Business Solutions will allow the SBDC to expand its reach and provide businesses with the necessary technological solutions to compete in today's digital economy. "We are thrilled to partner with Cable Baha- mas Business Solutions to offer our clients access to advanced technology solutions," said Michaela Munnings, corporate communications manager at the SBDC. "This partnership allows us to deliver on our mandate of empowering and supporting Bahamians” Munnings added.

The partnership between Cable Bahamas Business Solutions and the SBDC underscores CBBS' commitment to supporting businesses in The Bahamas. Through its combined resources, startups and existing business owners will have greater access to the tools and support needed to succeed in today's dynamic and ever-changing business landscape.

From left are Delmaro Duncombe, director of B2B innovations for Cable Bahamas Ltd.; and Michaela Munnings, corporate communications manager, SBDC.

Cable Bahamas Business Solutions partners with SBDC to help local businesses

The "Level Up" bust- ness-to-business (B2B) workshop, which took place on Saturday, March 11th, provided local business owners with information and tools to improve their operations, increase efficiency and grow their businesses. Cable Bahamas Business Solutions and the Small Business Development Centre came together with representatives from the Central Bank and The Bahamas Technical and Vocational Institute (RIVI) to share insights on topics such as business process optimization, technology adoption, and financial management.

Pia Glover-Rolle. minister of state for public service, participated in this weekend's event and has expressed her support for the Level Up workshop, which was organized in an effort to support small and medium-sized businesses throughout The Bahamas.

"We are excited to partner with the SBIX to support the growth of SMES In The Bahamas," said Delmaro Duncombe, director of B2B solutions at Cable Bahamas Ltd. "Small businesses are the backbone of our economy, and we are committed to providing them with the resources and support they need to succeed."

The partnership between Cable Bahamas Business Solutions and SBDC is part of a broader effort by both companies to help grow and support SMEs in the Bahamas. The Level Up workshop is just one of the ways in which the companies are helping small and medium-sized businesses to access the resources they need to thrive in a highly competitive business environment.

"We are delighted to partner with Cable Baha- mas Business Solutions to deliver this B2B workshop." said Michaela Munnings, SBDC communications manager. "The Level Up workshop will provide valuable insights and practical strategies to help businesses Improve their operations and grow their businesses."

The Level Up 828 work- shop is free and open to all business owners, entrepreneurs, and SMEs in The Bahamas. This workshop is expected to provide key stakeholders with valuable insights and strategies that they can implement to Improve their business operations. The partner- ship between Cable Bahamas Business Solutions and SHDC is a testament to the commitment of each organization to support the growth of SMEs in The Bahamas and ensure that they have access to the resources they need to succeed.

The "Level Up" bust- ness-to-business (B2B) workshop, which took place on Saturday, March 11th, provided local business owners with information and tools to improve their operations, increase efficiency and grow their businesses. Cable Bahamas Business Solutions and the Small Business Development Centre came together with representatives from the Central Bank and The Bahamas Technical and Vocational Institute (RIVI) to share insights on topics such as business process optimization, technology adoption, and financial management.

Pia Glover-Rolle. minister of state for public service, participated in this weekend's event and has expressed her support for the Level Up workshop, which was organized in an effort to support small and medium-sized businesses throughout The Bahamas.

"We are excited to partner with the SBIX to support the growth of SMES In The Bahamas," said Delmaro Duncombe, director of B2B solutions at Cable Bahamas Ltd. "Small businesses are the backbone of our economy, and we are committed to providing them with the resources and support they need to succeed."

The partnership between Cable Bahamas Business Solutions and SBDC is part of a broader effort by both companies to help grow and support SMEs in the Bahamas. The Level Up workshop is just one of the ways in which the companies are helping small and medium-sized businesses to access the resources they need to thrive in a highly competitive business environment.

"We are delighted to partner with Cable Baha- mas Business Solutions to deliver this B2B workshop." said Michaela Munnings, SBDC communications manager. "The Level Up workshop will provide valuable insights and practical strategies to help businesses Improve their operations and grow their businesses."

The Level Up 828 work- shop is free and open to all business owners, entrepreneurs, and SMEs in The Bahamas. This workshop is expected to provide key stakeholders with valuable insights and strategies that they can implement to Improve their business operations. The partner- ship between Cable Bahamas Business Solutions and SHDC is a testament to the commitment of each organization to support the growth of SMEs in The Bahamas and ensure that they have access to the resources they need to succeed.

Celebrating National MSME Month: empowering Bahamian businesses for a resilient economy

The Small Business Development Centre (SBDC) proudly announces the proclamation of November as National Micro, Small, and Medium Enterprises (MSME) Month for the second consecutive year. This significant initiative, endorsed by Prime Minister Philip E. Davis, serves to spotlight the pivotal role MSMEs play in the Bahamian economy, driving economic impact and fostering community development.

The global community faced unprecedented challenges during the COVID-19 pandemic, and as signs of economic recovery emerge, the government of The Bahamas underscores the importance of celebrating and nurturing the thriving MSME sector. This commitment is demonstrated by the proclamation issued by Prime Minister Philip E. Da- vis, recognizing November as National MSME Month. This year's theme, "Empowering Bahamian Dreams", resonates throughout the month, emphasizing the role of strategic partnerships and empowerment in fostering the growth of Bahamian entrepreneurs and businesses. The Small Business Development Centre (SBDC), in collaboration with the Ministry of Economic Affairs, will lead various events and activities throughout the month.

Samantha L. Rolle, the executive director of SBDC, shared her enthusiasm for the initiative, stating, "We are elated to spearhead this prestigious opportunity to celebrate businesses throughout The Bahamas. The journey of empowering Bahamian entrepreneurs and business owners to realize their full potential continues. This initiative, born out of the pandemic's challenges, inspires us to press forward, making a real difference in the lives of our fellow Bahamians."

In light of the pandemic's impact, the SBDC has, in the last eighteen months, doubled the number of approvals for its Guaranteed Loan Programme, and witnessed over 2,000 requests for funding programs, advisory services, and mentor- ship opportunities across twelve islands. As the SBDC expands its presence in the Family Islands, the organization aims to strengthen its service offerings, streamline processes, and build strategic partnerships, anticipating exponential growth in its client base.

Minister of Economic Affairs Michael Halkitis re- affirmed the government's commitment to supporting MSMEs, labelling them as the backbone of the Bahamian economy. The government's strategies include increased access to funding, policy program implementation, tax relief initiatives, and incentivized joint ventures between foreign and local investors.

Throughout November, National MSME Month will feature a series of events and activities dedicated to showcasing the accomplishments of Bahamian business owners. These events will culminate with an honorary celebration in New Providence on November 30th, symbolizing the successful conclusion of a month devoted to empowering Bahamian dreams.

Head of SME and Family Island Business at Aliv Chantelle Sands commented, "I am thrilled to announce our partnership with the Small Business Development Centre to launch National MSME Month. This collab- oration exemplifies our commitment to empowering and supporting micro, small, and medium-sized enterprises on their journey to success. MSMEs are the backbone of our economy, and through this initiative, we aim to provide them with the resources, knowledge, and innovations they need to thrive. Together, we can create a vibrant ecosystem that fosters innovation and growth for all business- es in The Bahamas."

Bahamasair's Marketing Manager Stephen Gay not- ed, "As we embrace National MSME Month, Bahamasair is committed to supporting the backbone of our economy, fostering growth, and driving economic impact, all while serving as a symbol of national pride. We are honored to be a part of the journey, connecting the islands and communities of The Bahamas."

The Access Accelerator Small Business Development Centre encourages individuals to follow its social media pages @accessaccelerator to stay informed about the full month of activities and the impact of MSMEs on the Bahamian economy.

Robert Scott, JMEA treasurer and head of the mission, reiterated the significance of regional trade for mutual growth and prosperity. He remarked, “Export or die. These are the words echoed by our leaders. Our prosperity, wealth, and growth as a region will come from trading with each other."

This trade mission marks an essential step forward in Caribbean integration and promises a brighter economic future for both nations.

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