Invest TCI collaborates with partners to host MSME Roadshow

Providenciales, Turks and Caicos Islands – March 20th, 2023 – Invest Turks and Caicos (Invest TCI) joined forces with several partners across the Turks and Caicos Islands for the MSME Roadshow 2024, under the theme “Advancing Together: Building Stronger MSMEs Across the TCI.” Collaborating partners included the TCICC TVET Programme, Department of Trade, Department of Agriculture, Experience Turks and Caicos, Customs Department, and the Inland Revenue – Business Licensing Department.

The three-week Roadshow kicked off on February 26th in South Caicos, continued through Salt Cay, Grand Turk, Middle Caicos, North Caicos, and concluded in Providenciales on March 14th. The primary focus of the Roadshow was to showcase the power of collaborative efforts in propelling small businesses towards success.

Throughout the Roadshow, each partner received a platform to present and engage with attendees, emphasizing the benefit of small businesses participating in the respective programs as well as the support each department brings to make small businesses successful. The final day, held in Providenciales, featured a networking cocktail hosted by Invest TCI, facilitating valuable conversations and networking among MSMEs, industry experts, and other attendees. MSMEs also had the opportunity to showcase and sell their products. Hon. Rachel Taylor, Minister of Education, Youth, Sports, and Social Services, graced the event, emphasizing the importance of the TCICC TVET collaboration with Invest TCI, in encouraging student enrollment and readiness for the MSME program. Hon. Taylor also highlighted the role of MSMEs in empowering other small enterprises within the community through education.

The Roadshow garnered widespread support from the community and stakeholders, with over 100 attendees from across the island. Alexa Cooper, VP of SME Development, stated, “The MSME Roadshow 2024 exemplified the strength and resilience of our local small businesses. It was inspiring to see our partners come together to support and uplift our MSMEs, laying the foundation for a prosperous future.”

Angela Musgrove, CEO of Invest TCI, commented, “The success of the MSME Roadshow underscores the importance of collaboration and collective action in driving economic growth and fostering entrepreneurship. The presence of our stakeholders indicates our collective commitment to the growth and success of our small business community. We are proud of the role Invest TCI plays in empowering our MSMEs and we look forward to continuing to support their growth and prosperity.”

For more information on Invest TCI events, please visit www.investturksandcaicos.tc or follow us on social media at @investtci.

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About Invest Turks and Caicos

Invest Turks and Caicos is the Islands’ Investment Promotion Agency, responsible for enhancing the economy through the attraction, growth and retention of overseas investment; and supporting the growth of local businesses.

We provide a free and confidential service to overseas businesses looking to expand and will work with a company project team throughout the investment process, providing advice and support. This can include:

– Information on the local business climate;

– facilitating contact with relevant Government Departments throughout the investment  process;

– advice on Government incentives and concessions to investors;

– introductions to local service providers/suppliers;

– advice on work permits and permanent residency procedures;

– ongoing support following set up.

We also work actively to support the growth of local businesses, including the management and delivery of the Micro Small and Medium Enterprise programme which provides concessions and reliefs to locally owned businesses.