Policy and Institutional Framework for SME Development in the Bahamas

Policy and Institutional Framework for SME Development in the Bahamas

Project Location:

The Bahamas

Project Start Date:

Grant Funds Approved:

USD435,000

Envelope:

The Bahamas

Description

The main aim of the project was to increase support to SMEs, including increasing their access to finance. The project designed a new institutional framework to support SME development, including the design of a new government agency dedicated to SME growth and draft legislation to support it. It looked specifically at the SMEs in the Family Islands and created mechanisms to facilitate enterprise development there including a new website to market these enterprises.

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