OAS MSME Newsletter: (June 2023):
OAS Women’s Economic Empowerment (WEE) Project MSME Clearinghouse Experiences – Dominica
We are delighted to share experiences from Dominica, our second country highlighted from the OAS Women’s Economic Empowerment project’s MSME Clearinghouse. We begin with our National Focal Point institutions then view some insightful resources from members of our National Working Group.
Small Business Support Unit (SBSU)
The Small Business Support Unit was established to help micro, small, and medium enterprises (MSMEs) overcome financial and technical challenges and contribute to national development. Government injection of funds in these businesses is primarily to create sustainable livelihoods. The Government of Dominica offers fiscal incentives to qualifying Micro and Small enterprises to support their establishment, expansion, and continued operation within various sectors.
Access information on available incentives for micro and small businesses including duty free importation and VAT exemptions, as well as the process for applying for a fiscal incentives license.
Dominica Association of Industry and Commerce (DAIC)
Promotes the growth of Dominica’s Private Sector by helping members deliver products and services that make their businesses more competitive.
The DAIC together with ISRAAID Dominica in collaboration with the Government of Dominica hosted a 2-part Digital Marketing Seminar. Part 2 shared insights on how digital marketing techniques can help entrepreneurs grow their business online with Digital Skills Specialist, Dr. Clementine Affana.
Dominica Youth Business Trust Empowering Dominican youth in realizing their entrepreneurial potential.
Caribbean Digital Transformation Project – Dominica
The OECS (Organization of Eastern Caribbean States) Commission has recently signed on as the implementing agency for the regional components of the World Bank IDA Grant funded Caribbean Digital Transformation Project (CARDTP). The development objective of the project is to increase access to digital services, technologies and skills by governments, businesses, and individuals in the participating Eastern Caribbean countries. The project is expected to contribute to increased digital connectivity, digital public services and the creation of technology-enabled businesses and jobs across the participating countries: the Commonwealth of Dominica, Grenada, Saint Lucia and Saint Vincent and the Grenadines. Access the Course Registration form for Digital Literacy Training under the Caribbean Digital Transformation Project.
National Development Foundation of Dominica (NDFD)
Collaborating in the development and strengthening of a framework of business support/assistance and related effective support to small business enterprise and other business stakeholders in Dominica. Access business support services including information on Business Registration, Business plan preparation, Cash flow projections, Accounting, marketing, and other services.