In 2005, the Grenada Industrial Development Corporation established a Business Resource Centre with assistance from USAID. The Centre aimed to enhance efficiency, innovation, and growth of existing and new enterprises in Grenada. The Centre provided basic business services such as preparing business plans, business diagnostics, and record-keeping.
In 2006, we transformed the Centre into a one-stop business support unit for the development of small businesses. The transition of the Centre was brought about through the implementation of several key initiatives: First, the merger of the Small Enterprise Development Unit of the Grenada Development Bank with the Business Resource Centre and the change of the Centres name from Business Resource Centre to the Business Development Centre.
Additionally, there was the expansion of the service offering to include a business library and information. The provision of technical support under the Business Gateway Project, including establishing an enterprise tracking system, strengthening staff capacity, studying the enabling environment and technical support to SMEs, was also a factor. Lastly, further technical support was provided under the Public Sector Modernization Project to include enhancing the capacity of staff to provide business training, establishing a training facility and giving training to SMEs.
We provide services to small businesses in all industries, including tourism and hospitality, entertainment, transportation, construction, manufacturing, agro-processing, informatics, creative (arts and craft) distribution and retail.
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