Are you a business owner who would like to expand operations but find it difficult to get a loan from a bank? Are you an entrepreneur with an innovative idea that has market value but finding someone to invest in your project seems an impossible task? If that is the case, you are not alone! The new issue of IDB’s Caribbean Economics Quarterly covers the topic of finance … [Read more...] about A more robust financial sector would strengthen firms in Barbados
Economy & Investment
Financial Access for Firms: Jamaica’s Challenges and Opportunities
Jamaica’s successful and sustained reform efforts over the past decade have laid the foundation for more rapid financial development, but findings suggest that access to finance remains a major obstacle to investment, innovation, and development for firms across the region—particularly smaller enterprises and those led by women. Download A new joint … [Read more...] about Financial Access for Firms: Jamaica’s Challenges and Opportunities
Can soft-skills training improve business outcomes of microentrepreneurs?
Entrepreneurship is the heartbeat of small business growth and innovation. Therefore, many initiatives attempt to improve entrepreneurs’ skill sets as a way of improving productivity in micro-, small- and medium-sized businesses, which would lead to faster growth. The IDB’s strategy is focused on increasing the relatively low productivity of Latin America and the Caribbean, … [Read more...] about Can soft-skills training improve business outcomes of microentrepreneurs?
Improving access to finance for women entrepreneurs and smaller enterprises crucial for the Caribbean
Access to adequate finance is critical to any business. For the most vulnerable - smaller firms and those owned and operated by women - finance is the lifeblood. Financing allows businesses to improve their services, expand to different markets, provide jobs in their communities, and contribute to the growth of the economy. New joint research from the IDB’s Caribbean … [Read more...] about Improving access to finance for women entrepreneurs and smaller enterprises crucial for the Caribbean
The Online Operation: Small Grocer Opportunity in a Digital World
This series aims to explore how the digital grocery ecosystem will shape the future of retail in Trinidad & Tobago. In our previous case Accessing the Digital Shelf – The Small Vendor Reality, we explored the reality of most small businesses; that there are many obstacles preventing them from progressing or growing in a digital landscape. This gap is one of the reasons why … [Read more...] about The Online Operation: Small Grocer Opportunity in a Digital World