7 News Belize

BELTRAIDE, The Road Much Travelled
posted (January 26, 2016)
The Belize Trade and Investment Development Service BELTRAIDE held a one hour meeting with the press today to discuss all things BELTRAIDE. The statutory body that falls directly under the purview of Minister Erwin Contreras has been in existence since 1998 under the name TIPS. In 2000 it changed its name to BELTRAIDE. Since then it has established five different arms, Belize Invest, Belize Export, BTEC and the oldest unit of them SBDC. SBDC, acts as a small business advisor for potential business owners, new business owners and established business owners. The general manager of the Enterprise and Innovation Unit explained to us how this works.

But has the involvement of BELTRAIDE through SBDC made any difference? According to the General Manager, in 2015 SBDC engaged 600 people. Their records also show that their involvement has created an average increase of sales of at least 127% more than the targeted increase of $100,000 dollars.

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7 News Belize