Increasing direct financing to Medium sized Enterprises (“MSME’s”)

Our flagship programme equips and empower startup and existing  businesses, on all islands of The Bahamas

SBDC Flagship

The Guaranteed Loan Programme

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$500K MAX

Up to $500,000 in Guaranteed Loan

$250K MAX

Up to $250,000 in Equity Contribution

$20K MAX

Up to $20,000 in Matching Government Grant

The Government of The Bahamas allotted $25 million for a period of 5 years ($5 million per year) to the Guaranteed Loan Programme.

The primary purpose of the funding is to guarantee (not disburse) loans approved under this programme with the aim to help entrepreneurs fund, launch and grow their businesses in a variety of industries.

Loan and equity funding applications are approved and disbursed by
our funding partners including, but not limited to:

FIDELITY BANK

SIMPLIFIED LENDING

BANK OF THE BAHAMAS

TEACHERS & SALARIED WORKERS COOPERATIVE CREDIT UNION

NATIONAL WORKERS COOPERATIVE CREDIT UNION

Bahamas Development Bank

The Renewable Energy Initiative

Do you know what the average business in your industry spends on electricity costs? Not knowing could mean your business is at a competitive disadvantage because of higher energy costs and lower profit margins.

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The Creative
Entrepreneurs Initiative

The Bahamas is rich in diverse talent and natural resources that should be leveraged to create more profitable and sustainable micro, small and medium-sized enterprises (MSMEs) within the Creative Industry.

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The Women Entrepreneurs Initiative

The Women Entrepreneurs Initiative was designed to help women throughout The Bahamas overcome the challenges of accessing capital, feeling respected as business owners and building an effective support system.

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Fitness & Wellness Initiative

The Bahamas is also regarded the fattest country in the Caribbean and the sixth fattest country in the world. With overweight and obesity cases on the rise, among all age groups, we need Fitness and Wellness entrepreneurs to leap into action.

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Our Programmes

The Guaranteed Loan Programme

Our flagship programme offers startup and existing businesses, on all islands of The Bahamas, accessto grant, loan and equity funding.

Read more about this programmeApply Now

Creative Entrepreneurs Initiative

The Bahamas is rich in diverse talent and natural resources that should be leveraged to create more profitable and sustainable micro, small and medium-sized enterprises (MSMEs) within the Creative Industry.

Read more about this programme

Women Entrepreneurs Initiative

The Women Entrepreneurs Initiative was designed to help women throughout The Bahamas overcome the challenges of accessing capital, feeling respected as business owners and building an effective support system.

Read more about this programme

Young Entrepreneurs Initiative

In collaboration with partners such as the Ministry of Youth, Sports, and Culture, Bahamas Technical and Vocational Institute (BTVI), University of The Bahamas (UB), as well as the John Templeton Foundation, the Small Business Development Centre (SBDC) launched the Young Entrepreneurs Initiative on December 13, 2023

Read more about this programme

Food Security Initiative

Designed by the Small Business Development Centre in partnership with the Ministry of Agriculture and Marine Resources to help farmers and fishers in The Bahamas address the challenges of accessing capital, learning and implementing emerging and sustainable trends and engaging in commerce activities across The Bahamas and internationally.

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E-Mobility Initiative

Studies predict more than 60% of vehicles sold around the globe will be electric by 2030. The purpose of this survey is to determine how many entrepreneurs are now considering an electric vehicle for their next company vehicle purchase.

Read more about this programme

Fitness & Wellness Initiative

The Bahamas is also regarded the fattest country in the Caribbean and the sixth fattest country in the world.

Read more about this programme

Renewable Energy Initiative

Do you know what the average business in your industry spends on electricity costs? Not knowing could mean your business is at a competitive disadvantage because of higher energy costs and lower profit margins.

Read more about this programme

Business Plan Development Initiative

This initiative is an opportunity for licensed business consultants to collaborate with micro, small and medium-sized business owners during their business plan development process.

Client Success Stories

  • Women Entrepreneurs Initiative / Zoe Cartwright of Long Island Boat Rentals

  • Young Entrepreneurs Initiative | Jetlocker Co.

  • Rotalya Williams, owner of Island Soles


  • I was offered the business at a really good cost, and it was an offer I knew had God’s hands on it,” Jones shared. “It was exactly what I prayed for, and it was presented to me in a written letter that I still have today. I was overjoyed! .”

    Natasha Jones

    Out Island Printing presses


    I was grateful for the Access Accelerator because it facilitated a lot of my learning by equipping me with things I needed in the background to help me become more confident in how I approach my business and what I wanted to gain from this venture.”

    Cherelle Cartwright

    Mama Sassy’s Gourmet Foods


    My wet suit clothing line was well supported, The reception from locals was especially mind-boggling because I was mainly marketing my clothes to tourists. I didn’t expect Bahamians to jump on board as they did, but they gave me their full support.”

    Glenroy Smith

    Exuma Underwater Store


  • "Don't be afraid to give anything in life a shot. If it works out, it was meant to be. If it doesn't work out, there's always another day and another way!"

    Samantha Fox


    "If you elevate your mind and cultivate your gift, you will dominate your market."

    Eric Wallace


    "Companies like Disney and the SBDC like quality work and we provide that. Whatever our clients ask of us, we deliver!"

    Portia Kemp

We offer startup and existing businesses, on all islands of The Bahamas, access to grant, loan and equity funding.

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