Entrepreneurial aspirants from various Caribbean territories, including Guyana, last week secured an opportunity to learn more about the procedures and challenges associated with venturing into the realm of business through an April 9th – 10th Work-shop staged in Barbados by the Caribbean Export Development Agency (Caribbean Export), in partnership with the Commonwealth Secretariat and the Caribbean Association of Investment Promotion Agencies (CAIPA).
Thirty-two representatives from state and non-state agencies in Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, and Trinidad and Tobago were in attendance.
The primary focus of the workshop was to seek to improve the regional business climate by strengthening the procedures associated with starting a business. Guided by the World Bank’s Ease of Doing Business Report, it also sought to critically assess the current procedures, cost and time needed to start a business in the Caribbean, as well as review global best practices and develop a responsive action plan for near-term implementation.