BSBDC

Navigation

• 1: Home
• 2: About Us
  • 2.1: History
  • 2.2: Statement of Purpose
  • 2.3: FAQs
• 3: Services
  • 3.1: Loan Guarantee Program
  • 3.2: Technical Advice
  • 3.3: Online Seminar Registration
• 4: Seminars and Workshops
• 5: Videos
  • 5.1: EEZ Economic Policies and Incentives
  • 5.2: Somerset Vendors Market - May 8th 2010
  • 5.3: Rubber Tree Market
  • 5.4: Human Resource Matters
• 6: Programs
  • 6.1: Small Business Tool Box
  • 6.2: Partnering For Success
    • 6.2.1: Mentor Application Form
    • 6.2.2: Business Mentor Duties / Responsibilities
    • 6.2.4: Business Mentor's Handbook
      • 6.2.4.1: What is Business Mentoring?
      • 6.2.4.2: Why Become a Mentor?
      • 6.2.4.3: What mentoring brings to the mentor
      • 6.2.4.4: BSBDC - Partnering For Success
      • 6.2.4.5: Youth Business International (YBI)
      • 6.2.4.6: Barbados Youth Business Trust (BYBT)
      • 6.2.4.7: Business Mentor’s Roles and Responsibilities
      • 6.2.4.8: Expectations
      • 6.2.4.9: Tips for a Successful Mentor-Mentee Relationship
      • 6.2.4.10: Where To Go For Information
  • 6.3: Free Market Vendors
  • 6.4: Construction Incubator

  • Current page is 6.5: Economic Empowerment Zone

• 7: Our Clients
  • 7.1: Atlantic Vision Care
  • 7.2: Caesar’s Pharmacy
  • 7.3: Eye Designz & IDTech
  • 7.4: First Fruits Daycare/Nursery
  • 7.5: Horton's Bermuda Rum Cakes
  • 7.6: Pepto on the Run Messenger Service
  • 7.7: Smiles By Landy
• 8: Announcements/Media
  • 8.1: For the People Event
  • 8.2: Global Entrepreneurship Week
• 10: Contact Us

Economic Empowerment Zone

An Economic Empowerment Zone (EEZ) is a geographical area that has been designated by law as such, and one that is targeted for social, economic, physical and spiritual development.  Vehicles to achieve such development include financial support for eligible EEZ property and business owners and targeted real estate enhancement through defined development of the area.

North East Hamilton has been defined as the first EEZ and the BSBDC is already working to develop Economic Empowerment Zones in the East and West Ends.  The BSBDC aims to create opportunities for area residents and property and business owners to access the resources that will rejuvenate and regenerate the area, while not displacing the current area population.

Plan Underlying EEZ Land Use Strategy and Design Guidelines

EEZ Loan and Grant Programmes

Two initiatives that will facilitate this revitalisation are the EEZ Small Business Loans of Working Capital and EEZ Small business Grants of Technical Assistance.  These are available in amounts of up to a maximum of $10,000 each to finance business development of existing companies or business planning for start-ups.

Documents

• EEZ Incentives Brochure
• Customs Duty Deferment Brochure
• Grant Application
• Grant Brochure
• Loan Application
• Loan Brochure
• Business Reference Form
• Personal Reference Form