Invest Turks and Caicos’ Business Support Unit partners with the Department of Trade to deliver Export Opportunities for MSMEs Training

Providenciales, Turks and Caicos Islands, May 19^th, 2023 – On Thursday, May 11th, 2023, Invest Turks and Caicos’ Business Support Unit (BSU); partnered with the Department of Trade, Industry, and Fair Competition to host the Export Opportunities for MSMEs Training. In attendance were nineteen business owners; who participated in the free, interactive training held at Blue Haven Resort from 9:30 am to 12:30 pm.

The training was facilitated by Ms. Lisandra Colley, Director of Trade, Industry, and Fair Competition. During the training, the participants learned the following:

• Essentials of accessing the international market
• Basics of exporting and the benefits of exporting for MSMEs
• Export opportunities to access the Canadian and UK markets
• Requirements and procedures for the exportation of goods to Canada and the UK
• Understand how to use Canadian and UK government interactive tools to export

Commenting on the Training, Director of Trade, Lisandra Colley expressed, “Bolstered by its trade-related technical assistance pillar, the Department of Trade, Industry, and Fair Competition (DTIFC) aims to provide capacity building training and seminars to equip businesses across the TCI to fully participate in the domestic and international trading systems. The partnership between the DTIFC and Invest TCI to host the Seminar ‘Export Opportunities for MSMEs’ epitomizes our shared commitment to empower micro, small and medium-sized enterprises.

Through this collaborative effort, we provided participants with the essential knowledge and tools needed to access international markets and leverage preferential trading arrangements. By understanding the benefits of exporting, identifying potential markets, and grasping the requirements and procedures for successful export, participants are better equipped to seize opportunities in the Canadian and UK markets and worldwide.”

Anissa Adderley, Director of the Business Support Unit, also provided her feedback on the training “To strengthen the awareness of trade opportunities for MSMEs, the BSU will continue its partnership with the Department of Trade. We invite all entrepreneurs and small business owners to participate in our next collaborative training, to be held Thursday, September 12th, 2023, titled Incorporating Product Standards for Sustainable Trade.  

Additionally, we welcome all businesses to take advantage of the free services offered by the Business Support Unit, namely Business Planning, Training, Counselling, Administrative Services, and MSME Programme Recipient Support. We provide the support you need to ensure your business is resilient and sustainable. Let us help you take your business to the next level.”

For more information on Invest TCI events, 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.