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Grand Bahama’s Small Business Incentive Program proving to be successful

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#Bahamas, March 5, 2018 – Grand Bahama – The success of the newly launched Grand Bahama Micro and Small Business Economic, Empowerment and Incentive Program was evident in the certification of a second group of potential entrepreneurs from the program on Monday, February 26, 2018, in the Office of the Prime Minister.

The certification of 15 new business owners and the expectation of the program’s being extended to not just a third, but also a fourth group of individuals has brought to light what Minister of State for Grand Bahama, Senator Kwasi Thompson has been touting all along “that small businesses will be a big part of the economic turnaround for Grand Bahama.”

In addition to the 15 new self-starter businesses, eight existing businesses also received financial grants and certification to help in the growth of their already established enterprises.  The businesses represented a cross section of careers, including restaurant, pastry and bakery, nails and cosmetics, bone fishing, sign making, perfume making and landscaping.

Senator Kwasi Thompson told the group of entrepreneurs that there are positive signs and good things happening in Freeport, if they chose to see those positive signs.  “I want to encourage you to take advantage of the opportunities that are coming,” said Minister Thompson.

The Minister outlined some of the projects that are in the process of coming to fruition in Grand Bahama, which he said, will help to revamp the economy of Grand Bahama.  Projects like the sale and re-opening of the Lucayan Resort, the re-started resort in West End that had once been a Ginn project, the Oban Oil Refinery project, two small projects in West End, inclusive the Sea Wood Fishing Village and the Blue Marlin Cove marina, two light manufacturing companies and other such projects.

“I don’t outline these projects or bring them up to suggest that Grand Bahama has turned any corner or that Grand Bahama is doing well, but I bring them up and talk about them because we all need to know that there are positive things happening in Grand Bahama,” added Minister Thompson.

“We also need to know what opportunities there are for us here in Grand Bahama.  Think out of the box. Don’t limit yourself to the old ways of doing business.  The good thing is that we have the access where your entire market does not have to be only people in Freeport, Grand Bahama, or even just in The Bahamas.

“The entire world now can become your market.”

He said that the time has come now where Bahamians begin to think globally and think about exporting their talents and their goods and services.

“You have the talent, you have the skills, to be able to compete with anyone, anywhere in the world,” added Minister Thompson. “In fact, you are the best in the world at what you do, because nobody could be Bahamian better than you and nobody can produce Bahamian better than you.”

Also giving the new business owners, as well as the established entrepreneurs, some words of encouragement was Minister of Youth, Sports and Culture, the Hon. Michael Pintard, who reminded the business owners that they have to be committed and disciplined, not just in how they manage their respective companies, but how they manage their finances.

“You have to be prepared to wake up early, pray up, show up, stay late if necessary, in order to build your empire. Not everyone is an entrepreneur, so you are a unique group among hundreds of thousands in the Bahamas.

“But if our economy in Grand Bahama is to recover and if the Bahamas is to grow at the rate which we believe it has the potential to grow, much of that success is going to come as a result of the efforts by people such as yourselves. So we are happy to be working in conjunction with you.”

Minister Pintard pointed out that micro and small business enterprises help to fuel the economy of countries around the world and that The Bahamas was no exception.  He said that one of the things that is presently being discussed among the government and the private sector is how to obtain the number of people required by Bahamian and foreign business owners, in order to sustain those businesses.

He said one of the things he and Minister Thompson discussed while putting together the program, was deciding the types of businesses they ought to fund.

“The view was that we should fund businesses that have an opportunity to make it with the present population size we have,” said Minister Pintard.

“So, you are uniquely positioned because although it would benefit you to have in excess of thousands more consumers in which to market your products and services, you have the capacity to do a volume of business that would be beneficial to you, your family and this community, right now.

“We wanted to identify businesses that would be in the creative arts, businesses that would affect tourism, or that would deal with personal consumption…and all of you represent these kinds of businesses.”

He admitted that every business will find itself in a competitive market, not just locally or nationally, but internationally, and with the ability to be paired with mentors who will assist them in ensuring that their respective businesses are successful.

By: Andrew Coakley

Photo Captions:

Header: Fifteen new self-starter companies and eight already existing businesses all received certificates and financial grants after successfully completing the required classes in the Grand Bahama Micro and Small Business, Economic Empowerment and Incentive Program on Monday, February 26, 2018 in the Office of the Prime Minister (Grand Bahama). Pictured with the graduates were Minister of Youth, Sports and Culture, the Hon. Michael Pintard (seated, centre); Minister of State for Grand Bahama, Senator Kwasi Thompson (seated, second from left); Carla Roker-Brown, Program Coordinator in the Ministry of Youth (seated right); Lady Naomi Wallace-Whitfield, from the Office of the Prime Minister (seated, second from right) and Shavonia McBride, from the Office of the Prime Minister (seated, left).

First insert: Minister of State for Grand Bahama, Senator Kwasi Thompson reminded new and existing business owners to look at the positive things taking place in Grand Bahama and not focus on the negative. The Minister outlined a number of proposed projects to be undertaken in Grand Bahama, which will help to bring about an economic turnaround for the island’s economy.

Second insert: Minister of Youth, Sports and Culture, the Hon. Michael Pintard encouraged new business owners to be prepared to put in the time, commitment and dedication to make their respective businesses successful.

BIS Photos/Lisa Davis

 

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Nassau Cruise Port Marks Sixth Anniversary with Exciting New Additions for Visitors and The community

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[Nassau, Bahamas, October 8, 2025] Nassau Cruise Port (NCP) proudly celebrates its sixth corporate anniversary by unveiling a series of transformative additions that further enhance the guest and community experience. The anniversary comes at a pivotal moment in the growth of the port, with the opening of a new swimming pool, an expanded marina, and a state-of-the-art ferry terminal that will support transfers to the Royal Beach Club, which is currently under construction on Paradise Island.

Since its $300 million redevelopment, Nassau Cruise Port – the largest transit cruise port in the world – has welcomed millions of visitors and become one of the most vibrant cruise destinations in the world. This anniversary not only reflects its commitment to delivering world-class facilities, but also its dedication to creating meaningful connections between visitors and the Bahamian community.

“This milestone represents much more than the passage of time,” said Mike Maura, Jr., CEO and Director of Nassau Cruise Port. “It reflects our promise to continually elevate the guest experience, contribute to the local economy, and provide opportunities for Bahamians. During our first year (2019) of operating the Nassau Cruise Port, Nassau welcomed approximately. 3.85 million cruise guests, and 2025 will see well over 6 million cruise visitors visit Nassau. Our focus on driving cruise tourism and the $350 million investment in our downtown waterfront is a testament to our vision of making Nassau a premier cruise and leisure destination.”

The new pool offers a refreshing retreat for visitors enjoying Nassau’s waterfront, while the expanded marina will accommodate additional yachts, boosting tourism and local commerce. The ferry terminal expansion enhances passenger flow and supports convenient, seamless transfers to the Royal Beach Club, strengthening Nassau’s position as a hub for Caribbean cruising and leisure.

As part of its anniversary celebrations, NCP will host a series of internal and external activities to celebrate its team and to highlight its ongoing investments in the Bahamian economy, including job creation, local vendor opportunities, and cultural showcases at the port.

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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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