Six Young Men receive Small Business Assistance from Invest TCI

Providenciales, Turks and Caicos Islands, September 14th, 2022 – Invest Turks and Caicos Agency (Invest TCI) is happy to announce that six Turks and Caicos men are the most recent recipients of small business assistance from the Micro Small and Medium Enterprise (MSME) Programme. The MSME Programme managed by Invest TCI has made commendable strides and has awarded over $3.1 Million in grants, technical assistance, and duty concession since its inception in 2016.

From horticulture to media production and graphic design to BBQ donuts, the six recipients received a combined total of $132,500 in assistance. The awardees have embraced their entrepreneurial spirit and demonstrated exceptional business creativity and innovation with their various small businesses. Amongst the recipients were the following businesses and owners:

Prolific Creation – Moses Carter

Caicos Pro Wash – Kristoff Malcolm

Caicos BBQ Donuts – Sean Pratt

Genesis Next Media – Gregston Been

JAWS Graphic Design Studio – Jamel Ward

Turks and Caicos Horticulture – Tevin Ramsey

The six business owners were invited to the office of Invest TCI to mark the momentous occasion. Commenting on the event, Acting VP of Small Business Development, Anissa Adderley, stated, “With the recent occurrence in our country, many of our young men are feeling hopeless. We believe the success stories of these individuals will inspire other young men to consider entrepreneurship and explore the benefits of the MSME Programme. All is not lost – we have a cadre of positive young men who are breaking barriers and achieving their dreams. We encourage our young men to consider the MSME Programme. We will take your hand and guide you through the process. We believe you can make a difference. We are here to assist you.”

Moses Carter, recipient and owner of Prolific Creation, a coin engraving business, stated, “Thank you to the Honourable E. Jay Saunders and the team at Invest TCI. Young brothers, all you need is an idea, a plan, and a $25 application fee. Apply to the MSME Programme; they will assist you and guide you through the process to make your idea a reality.” Carter further encouraged young men not to get caught up and distracted by what is happening in our communities. He encouraged young men to love themselves and to focus on their families and business.

CEO for Invest TCI, Angela Musgrove, remarked on the momentous occasion, “Most applications to the MSME Programme are female entrepreneurs, so we were delighted to see applications submitted from several young men. We are extremely impressed by the presentations these young men made to the MSME Approval Committee and the knowledge and know-how they shared about their respective businesses. Congratulations to each recipient, and we look forward to working with you and continuing to support you in your business ventures.”

Persons interested in applying for assistance are advised to call Invest TCI’s office at 338 4773 to make an appointment or visit the website at www.investturksandcaicos.tc/msme for more information.

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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 local businesses’ growth, including managing and delivering the Micro Small and Medium Enterprise programme, which provides concessions and relief to locally owned businesses.