The Ministry of Commerce is looking at new avenues to boost
small businesses in the Cayman Islands, and garnered fresh insights
through attending the 36th Annual America's Small Business
Development Centre Conference in Orlando, Florida.
Staged by the Organisation of American States, the conference
took place 19-22 September. More than 20 countries in North,
Central, and South America joined Caribbean nations in discussing
possible trade partnerships and sharing how their commerce models
can be replicated in other jurisdictions. Cayman's
participation was partially funded by COSME, one of the leading
entities for small business development in the region that is
funded by the European Union.
'We learned not only how our colleagues in the region are
doing, but gathered ideas that can be considered in a local
context', said the Ministry's Deputy Chief Officer Tamara
'The conference offered a broader platform for us to learn
from other countries about how small and micro businesses are
In addition to networking with delegates, Ms Ebanks and the
Ministry's Policy Advisor Thais Ducent took part in a number of
workshops over the conference, where they heard about the
implementation of new measures to enhance small businesses; and
visited the National Entrepreneur Centre at the University of
'On the whole, it was a very insightful trip. The timing of
our attendance further illustrates Government's continuing
commitment to small businesses, as it came weeks after Cabinet
opted to renew Cayman's small business incentive programme
until December 2017', Ms Ebanks said.
A number of workshops took place during the conference.
Photo credit: COSME
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