Our flagship programme equips and empower startup and existing businesses, on all islands of The Bahamas
$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
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.
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.
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.
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.
We offer startup and existing businesses, on all islands of The Bahamas, access to grant, loan and equity funding.