OAS MSME Newsletter: (September 2023):
MSME Newsletter – OAS WEE MSME Clearinghouse Exchange of Experiences – St. Kitts and Nevis
We are delighted to share experiences from our fourth country highlighted from the OAS Women 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 Development Center St. Kitts
The Small Business Development Center St. Kitts (SBDC St. Kitts), formerly the National Entrepreneurial Development Division (NEDD), has made significant strides over its years of existence. SBDC St. Kitts is focused on serving the development and technical assistance needs of micro, small, and medium-size businesses with its mandate to provide technical support at the startup and development stages of small enterprises with the aim of creating a more diverse economy.
The Saint Kitts Investment Promotion Agency (SKIPA)
The Saint Kitts Investment Promotion Agency (SKIPA) is a government supported organization established in 2007. This agency’s major focus is that of Investment Promotion primarily geared at foreign direct investment (FDI). SKIPA falls under the supervision of the office of the Prime Minister and reports directly to the Senior Secretary in that Ministry. The Agency has as its Mission “To proactively promote and generate strategic investments for Saint Kitts and to facilitate the establishment and expansion of local and foreign investment projects, while advocating for the continued development and enhancement of the investment environment in Saint Kitts.
The Development Bank of Saint Kitts and Nevis (Business Support Unit)
The Development bank of St. Kitts and Nevis is a statutory corporation hence the major shareholder is the Government of St. Kitts and Nevis. The bank has its main branch on St. Kitts with a sub – branch on Nevis. While the main focus of the bank is Development financing, there is a Business Support Unit that provides support services to people who benefit from the financial offerings/ products of the Bank.
Ministry of Finance (Customs Department)
The St. Kitts and Nevis Customs Department is a government agency with the responsibility of protecting the country from potential risks arising from international trade and travel, while facilitating the legitimate movement of people and goods across our borders.
St. Kitts and Nevis Chamber of Industry and Commerce
The St. Kitts and Nevis Chamber of Industry and Commerce (SKNCIC) is the leading private sector organization in which the focus is to nurture and create the right environment to foster sustainable economic growth.
About the MSME Clearinghouse:
The MSME Clearing House is a platform dedicated to support and empower women entrepreneurs in the Micro, Small, and Medium Enterprises (MSME) sector. Our mission is to provide a centralized hub of resources and information tailored specifically to the needs of women-owned businesses.
At the MSME Online Clearinghouse, we believe in the power of knowledge and community. Join us today and unlock a world of resources tailored to empower women entrepreneurs in the MSME sector. Together, let us break barriers, achieve success, and create a more equitable and resilient society.
United Nations Economic Commission for Latin America and the Caribbean (ECLAC)