Getting the regional leadership Caricom, CDB deserve jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
CDB: Private sector must do more nationnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationnews.com Daily Mail and Mail on Sunday newspapers.
The decision of the Caribbean Development Bank (CDB), along with other agencies to make some $1.2 million in support available to micro, small and medium-sized enterprises (MSMEs) is a significant development, as small enterprise operators try to pick up the pieces of their businesses that have been shattered by the COVID-19 pandemic.The CDB is working in conjunction with the Caribbean Export Development Agency (Caribbean Export) and the European Union to facilitate processing of the grants and technical assistance.While many still seek to marginalize the importance of small businesses to the overall economic life of most Caribbean economies, it was instructive that one of the bank’s senior executives reminded us that small businesses contribute to about 45 per cent of all employment opportunities in the region.