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PM’s Remarks at Bahamas Striping’s Venture Capital Fund Launch

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Bahamas, August 14, 2017 – Nassau

  • Cabinet Colleagues
  • Mr. Atario Mitchell, President and Founder, Bahamas Striping Group of Companies;
  • Allen Albury, Managing Director;
  • Dominic Stirrup, Director of Business Development;
  • Invited Guests;
  • Ladies and Gentlemen

Many of you in this audience would recall that it was only a few months back, June, 10th, to be exact, that I had the opportunity of being with Atario and the principals of his company and the employees of Bahamas Striping as the company celebrated its 7th Anniversary.     It was a wonderful occasion which, together with some of my Parliamentary colleagues, we thoroughly enjoyed.

At that time, you had built your celebrations around the theme of the mustard seed, a theme taken from the Bible which we all know.     The mustard seed, though the smallest of seeds has the potential to grow into the mightiest of trees, far exceeding its small beginnings.

I am happy to note that this is indeed the model of growth of Bahamas Striping and to be quite frank, it has far exceeded what it thought would have been its potential.

There are many lessons to be learnt from the exponential growth and development of this company, and I never allow an opportunity to pass without publicly lauding Atario Mitchell for what he has been able to accomplish.  This enterprise is a shining example of that dictum that give an individual an inch and he will achieve a mile. It speaks to the fact if given the opportunity, ordinary – – and I stress the word ordinary – Bahamians have the will and determination to succeed at anything.

I have read Atario’s own testimony and it is worth quoting in full because through his own words, he says it so well:

As a young person, I did not come from a rich family, I had no political connection, I didn’t graduate at the top of my class but today in a progressive Bahamas, I have through hard work success is possible.”

Let me remind this audience and to those who will perhaps read and listen to what I have to say that this reality that we have today in Bahamas Striping was created under another Free National Government.  It was in 2010 that this enterprise was started through a grant from the Self-Starter Program launched by a previous FNM Government.  I am pleased that the Free National Movement has had a longstanding commitment to youth and business development.

I go on record by stating that youth entrepreneurial empowerment will be a major focus of my administration as we see this as a means of tackling some of our long entrenched problems in our urban areas such as unemployment, crime and social anomie.

Today, I have come to endorse the efforts of Bahamas Striping in going far beyond its remit in launching what is really a private venture capital fund.  It is my understanding that the company has taken $1m of its funds and will use it to establish funding opportunities to young adults who can come forward with bankable proposals that would allow them the opportunity to get a leg up in the world of business. This is genuine and this is new and it should be applauded.

I need not tell you that there are countless examples of young individuals who have ideas to start a business enterprise but who have nowhere to turn to find the first red penny to advance their proposals.  They are unable to obtain funding through the established commercial banks and quite naturally they would not have the connections or the knowledge to obtain private financing.  And so what happens, the dream is deferred, and the dream dies. Needless to say, this leads to personal frustration and social explosion.  And so I applaud this new initiative by Bahamas Striping as it has the potential to open the doors for many.

Audience at Bahamas Striping Venture Capital Fund LaunchOne of today’s realities is that the private sector must expand.  It must be that sector of our economy that must be bold and imaginative.  We know that the public sector is already overburdened when it comes to creating new employment and so any opportunity that the private sector has to expand and create new employment should be welcomed.

Another point that is really very important, that I wish to highlight, is this — and the story of the development of Bahamas Striping bears this out.  Our economy needs small and medium enterprises to grow and become successful. More often than not, these are the companies that employ those who are marginalized and who may not fit into the conventional mainstream of employable skills.  But the market place must find room for such young men and women, and often the best way to do this is allowing such persons to do their own thing.

Finally, if I were to make an observation for the benefit of those who will be approving and monitoring these small grants and loans, and it is this. Be on the lookout for those who bring creativity and enthusiasm to their proposals.

Today, it is so commonplace to see everyone doing the same thing. While healthy competition is good, one must be careful not to dismiss out of hand, that proposal that might go against the grain.  Our economy needs all types to grow and to flourish and we must be on the lookout for these types of individuals.

That having been said, we know of the ever growing demand for those who would wish to do landscaping and gardening services, courier/delivery services, trucking and haulage, grooming and beauty business, food and drinks vending services and so on.  Not everyone has to become a mechanic or a contractor or the likes. Find that for which there is a demand and then create a service.

I would repeat that which I said earlier. My Government is committed to helping the small man. We believe that he has a stake in the economic growth of The Bahamas and we will put our resources to work for you.

On my last visit with you, I mentioned the culture of training with which Bahamas stripping is imbued. The training and empowerment of young men is a cornerstone of your corporate culture.  You are not only a center of excellence.  You are also a center of hope.  You are an example for other young entrepreneurs.

But the Government is also doing its part when it comes to training. Just across the street from the headquarters of Bahamas Striping is the BTVI.  Then there is the National Training Agency which only recently enrolled its 8th cohort of students and which is preparing young people for the world of work and enterprise.  And of course, at the highest level, there is the University of The Bahamas. My point is that an array of training is available in many forms and I encourage our young people to take advantage of such training.

I congratulate Bahamas Striping for that which it is launching today. This will have a profound impact on the lives of many young people by giving them that much needed jump-start to their lives.

I thank Bahamas Striping for what they will do.  I wish to assure you of my fullest support on a personal level, and of course, you know that you can depend on the co-operation of my Government.

Congratulations and thank you!

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Next U.S. Ambassador?  Walker Pledges Business-Driven Approach as U.S. Looks to Counter China in The Bahamas

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Deandrea Hamilton | Editor

 

The Bahamas, September 16, 2025 – For the first time since 2011, the United States is on the cusp of sending an ambassador to The Bahamas — and the nominee, former football star turned entrepreneur Herschel Walker, is promising to bring his business instincts to the diplomatic table.

Speaking before the Senate Foreign Relations Committee last week, Walker underscored that his background in food-service companies and small business leadership has prepared him to think practically about investment. “I know how to run a business, how to create jobs, how to make payroll. Those lessons translate into building relationships and building trust,” Walker said.

Walker, who was nominated by President Trump in December 2024, faced the Senate Foreign Relations Committee on September 11. As of now, he has not yet been confirmed; his nomination remains under review, pending a committee vote before it can move to the full Senate. If approved, he would become the first U.S. ambassador to The Bahamas since 2011.

For years, U.S. officials have stressed security and counternarcotics cooperation with The Bahamas, including through “Operation Bahamas, Turks and Caicos.” But in areas like infrastructure, medical care, and long-term investment, Washington has often been absent.

Hospitals and clinics remain under-resourced, and hurricane recovery has been slow in many islands. Chinese state-backed firms, by contrast, have shown up with financing packages and construction deals — a presence that has raised alarms on Capitol Hill.

“Only 50 miles off our shore, The Bahamas is too important for us to ignore,” warned Senate Foreign Relations Committee leaders during Walker’s hearing. They called China’s inroads “strategic, not charitable,” suggesting Beijing’s long game is about ports, proximity, and political leverage.

Walker positioned himself as a nontraditional but pragmatic envoy. He argued that his business career, rooted in private sector success, equips him to champion American investment in The Bahamas.

He pledged to:

  • Promote U.S. companies interested in medical and infrastructure projects.
  • Support an environment that encourages American investors to see The Bahamas as more than just a beach destination.
  • Highlight opportunities for partnerships that improve public services, healthcare, and resilience against hurricanes.

“I’ve built businesses. I know what it takes to attract investors and create opportunity. That is exactly what I intend to bring to our relationship with The Bahamas,” Walker said.

The Bahamas is not just a tourist paradise. It’s a frontline state in migration, drug interdiction, and hurricane response. More than six million U.S. visitors travel there annually, making stability and safety a U.S. domestic concern as much as a foreign policy one.

And yet, with the ambassador post vacant for 14 years, the U.S. has often looked detached — opening space for China’s ambitious Belt and Road agenda. The fear is that infrastructure deals signed today could give Beijing leverage in the region tomorrow.                                                                                                                                                                                                                Walker’s confirmation would symbolize a course correction, signaling Washington’s intent to re-engage not only in security but in the economic future of The Bahamas.                                                                                                                                                                                                                    Not everyone is convinced Herschel Walker is the right man for the job. His nomination revived controversies from his 2022 Senate run, including past allegations, public gaffes, and doubts about whether he has the diplomatic polish the post demands. Some senators and analysts questioned whether celebrity and business experience were enough for a role requiring nuance in foreign policy and geopolitics.

Critics argued that The Bahamas, sitting just 50 miles from Florida and facing intense Chinese interest, deserves a seasoned diplomat rather than a political ally.

Walker confronted those doubts head-on. “People have underestimated me all my life — in academics, athletics, and business,” he told the Senate Foreign Relations Committee. “And I have always proven them wrong, through discipline, determination, and by outworking everyone.”

He admitted he had never served as an ambassador but countered that his career prepared him in other ways: building businesses, managing payrolls, and connecting with people from all walks of life. He framed his business background as a strength, promising to use it to encourage U.S. investment in healthcare, infrastructure, and hurricane resilience projects in The Bahamas.

Rather than sparring with critics, Walker leaned on confidence and persistence: “I know how to build trust and find common ground. That’s what this relationship needs.”

If confirmed, Walker would have to balance his role as diplomat with expectations of being a commercial cheerleader for U.S. firms. His emphasis on entrepreneurship suggests a willingness to push U.S. businesses toward opportunities in healthcare, ports, and post-storm reconstruction — areas where Bahamians say they need the most support.

For Bahamian officials, the question will be whether Washington is prepared to back words with financing. U.S. private sector dollars, paired with aid and development partnerships, could help shift the tide against Chinese influence.

For Walker, the test will be whether his business acumen can translate into diplomatic wins — giving Bahamians alternatives to Beijing, while deepening the U.S. role in the Caribbean.

Analysis: If Walker delivers, this appointment could mark a turning point: a U.S. strategy that recognizes that in the Caribbean, investment is diplomacy.

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Conflicting Reports as Grand Bahama Awaits Its New Airport: What to Believe?

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Deandrea Hamilton | Editor

 

September 16, 2025 – Grand Bahama’s wait for a modern international airport has taken another dramatic turn. Just days after reports surfaced that the $200 million redevelopment had collapsed because partners failed to secure financing, the government is now insisting the project is alive and well — with funding in the “final stages” and construction on the horizon.

Earlier This Week: Airport Deal in Dire Straits

The week began with grim headlines. Deputy Prime Minister and Aviation Minister Chester Cooper confirmed that private partners in the much-heralded consortium had not produced financing. “Regrettably, the funding had not happened,” he admitted, sparking widespread fears the deal had crumbled.

Those admissions triggered a storm of skepticism in Freeport. Back in February, the government had declared the airport deal “finalized,” naming Aerodrome Ltd., Manchester Airport Group, and BHM UK as partners. They promised demolition within 30 days, designs in 45 days, and a new terminal by year’s end. But now, more than four months later, not a single milestone has been delivered.

For residents and business leaders, the collapse narrative confirmed their worst fears: that Grand Bahama was once again being strung along with empty promises. Long-stay tourism — the kind that sustains hotels, restaurants, taxis, and shops — depends on a functioning airport. Without it, the island’s economy remains hobbled.

Today: Government Pushes Back

But late Thursday, the government issued a forceful rebuttal. “The redevelopment of Grand Bahama’s International Airport remains a central priority for this administration and is key to the island’s economic renewal,” the statement read. Officials stressed that they are “in the final stages of securing funding and concluding agreements on airport management.”

The statement went further, clarifying the role of Manchester Airport Group, the UK’s largest airport manager. MAG, it said, was never meant to provide financing but remains a core partner in shaping the airport’s development and management. Bahamian contractors, the government insisted, are part of the team tasked with delivering the facility. “Our focus is on results,” the release concluded. “Grand Bahama will have the airport it needs to grow, attract investment, and strengthen its role as a gateway to The Bahamas.”

Who Should Grand Bahama Believe?

The conflicting narratives — one of a deal in “dire straits,” the other of a project in “final stages” — have left Grand Bahama residents struggling to know what to believe. Is the airport project truly on life support, or is the government simply playing its hand close until funding details are nailed down?

Skeptics point out that this is hardly the first time the airport has been declared a priority only to see little follow-through. Promises in 2023, in February 2025, and again in summer 2025 all failed to produce visible progress. Each missed deadline has chipped away at public trust.

Supporters of the government counter that large infrastructure projects are inherently complex, with legal negotiations and financing arrangements often dragging longer than planned. They argue that the continued involvement of Manchester Airport Group is evidence the project is still credible.

The Bigger Picture

Grand Bahama’s airport troubles are intertwined with the stalled $120 million Grand Lucayan hotel sale, which also remains without visible progress 129 days after it was announced. Business leaders insist both projects must move together if the island is to see real recovery. A luxury resort without a modern airport is as unviable as an airport without hotel rooms to fill.

For now, the people of Grand Bahama are left in limbo. This week they were told the airport deal had failed. Today, they’re being told it’s moving forward. The only certainty is that, nearly a year after the latest round of promises, not a single crane has touched the sky.

As one resident put it: “We don’t need more statements. We need to see bulldozers.”

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U.S. Coast Guard Trains Bahamian Partners in Water Survival Skills

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The Bahamas, September 10, 2025 – Rescue swimmers from the United States Coast Guard (USCG) Aviation Training Center in Mobile, Alabama visited Nassau to train Royal Bahamas Defense Force (RBDF) and Royal Bahamas Police Force (RBPF) members in water survival skills as part of Operation Bahamas Turks and Caicos (OPBAT) earlier this week.

“Training alongside our USCG partners ensures our personnel are best prepared for the unique challenges of joint operations” said Superintendent Wendy Pearson, Commander Drug Enforcement Unit.

The multi-day exercise, centered on the USCG’s Shallow Water Egress Training (SWET), enhanced the safety and preparedness of Bahamian partners who routinely operate aboard USCG helicopters during OPBAT missions. The exercise provided hands-on instruction for 31 participants and strengthened interoperability between U.S. and Bahamian agencies engaged in counter-drug, search and rescue, and maritime security operations throughout the region.

“We were excited and proud to have the opportunity to share our expertise with our Bahamian partners. Not only did RBDF and RBPF perform exceptionally well, they exceeded the standards we set for the event,” said Petty Officer Second Class Cole Johnson, USCG.

OPBAT is a cooperative multi-agency international operation supporting The Bahamas and Turks & Caicos Islands to stop illicit drug smuggling through the region. U.S. Embassy Nassau Chargé d’affaires Kimberly Furnish stated, “Since 1982, OPBAT has worked to stop the flow of illicit narcotics through the Caribbean, destined for the United States or other jurisdictions.  This is international cooperation at its best.”

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