Sitting left to right: Peter Odle, Chairman of The Mango Bay Group, Eduardo Sierra, IDB Team Leader , and Ian Collymore, Project Coordinator, Central Bank of Barbados; Standing: Meryl Stoute, Team Leader of RBC's Business Banking and Ian Knight, IDB External Consultant RBC Royal Bank and First Citizens Bank are the first financial institutions to use the new and … [Read more...] about How your Small Business can get a loan in 48 hours*
small and medium enterprises
Panelists (left to right): Mr. Fitzroy Vidal - Director of Energy, Ministry of Science, Technology, Energy and Mining (MSTEM), Dr. Ruth Potopsingh – Assoc. VP, University of Technology (UTECH) & IDB ConSOC Member, Mr. Christopher Brown - Business Development Manager, Development Bank of Jamaica (DBJ), and Mrs. Pauline Wilson - General Manager Pioneer Meats, (IDB/DBJ … [Read more...] about Finding solutions for Jamaica’s Energy Sector Challenges (Part II)
Three years ago, I and my MIF colleagues who focus on Jamaica made a deliberate decision to target access to finance for Jamaican SMEs--a critical area of need in the country, and one in which we could make a difference. Today, the MIF portfolio in Jamaica includes a group of mutually reinforcing projects that offer support to small and medium firms through a range of models. … [Read more...] about The MIF in Jamaica: Small businesses, small country, small projects… large impact
Local banks are a core component of the market architecture in Latin America and the Caribbean with the potential to catalyze innovation and growth. As I return from the Americas Competitiveness Forum in Trinidad & Tobago, my third visit to the country this year, I am reminded how dynamic and innovative its business environment is and how multilaterals can better … [Read more...] about Three ways multilaterals support local banks and drive innovation in the Caribbean
http://www.youtube.com/watch?v=eh-RwzM0e-A In the 2013-2014 World Economic Forum’s (WEF) Global Competitiveness Report, out of the English-speaking Caribbean, the three countries with the highest global competitiveness rankings included Barbados (47), Trinidad and Tobago (92) and Jamaica (94). Interestingly enough, when it came to placing countries into different stages of … [Read more...] about Unlocking Human Imagination: Who Drives Innovation?