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Access Accelerator Small Business Development Centre Launched in Grand Bahama  

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#Freeport, GB, February 3, 2019 – Bahamas – Funding for micro, small and medium sized businesses is now available, Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest said during the launch of the Access Accelerator Small Business Development Centre.

“Unfortunately, the dream of starting a business is often overshadowed by how much of a hassle it can be; and I can tell you from personal experience, particularly as a Grand Bahamian, the struggle is real, DPM Turnquest said at the launch held at the Bishop Michael Eldon Auditorium, Thursday, January 31, 2019.

He added, “It is true that many of the most successful businesspersons all over the world arrived at success only on their third, fourth of fifth try at success. But it is also true that in The Bahamas, we are still far from having a culture of entrepreneurship that supports small businesses and aspiring business owners.”

Also in attendance at the launch were: Jeffrey Andrews, chairman of the Small Business Development Centre (SBDC) Board of Directors; Gregory Laroda, president, Grand Bahama Chamber of Commerce; Kevin Darling, Royal Bank of Canada; David Rolle, Bahamas Development Bank; Michael Cunningham, Bahamas Development Bank; and Dr. Ian Strachan, University of The Bahamas.

DPM Turnquest said many have been trained to chase jobs rather than be self-employed and in Grand Bahama some have been expected to work for government, BORCO or at the Port, instead of opening a hair salon or plumbing business.

“Many parents are naturally looking for security for their children, and want to teach them practical skills, but in this 21st century, it is safe for young people to take bigger risks; to believe in themselves and to invest in their dreams.”

He noted that a culture of entrepreneurship needs to be created in the country and micro, small and medium sized businesses should be valued more.

“We must do this beyond helping entrepreneurs to believe in themselves. We must help them to start and grow their businesses; and we must help them to thrive.”

The DPM referred to the Access Accelerator SBDC as the vehicle to stimulate Bahamian ownership.  He said, “The SBDC is the centre stone of the Government’s campaign to stimulate Bahamian ownership, to invest in entrepreneurs and to provide micro, small and medium sized businesses the incentives and assistance needed to survive and thrive. This is a core part of our recipe to grow the economy and thereby create jobs and wealth.

“This programme is very unique because it takes entrepreneurs from inception to financing; and it provides mentorship and handholding even after new businesses have started operating.

“In the past, we have had programmes that provided entrepreneurship training, but access to capital for new businesses was nearly impossible to secure. There have been programmes that offered financing, but the mentorship was non-existent. The SBDC takes a holistic approach that considers the full range of needs that entrepreneurs have. So Grand Bahama, I want you to spread the word and put the SBDC to work, because they are here for you!”

The DPM also explained that through the SDBC, Bahamian entrepreneurs will have access to: Government Guaranteed Loans; Business Grants; and Equity Financing. Further, a large portion of the grants will be earmarked specifically for impoverished youth up to the age of 40 from the Family Islands.

“The Loan Guarantee Programme will allow Bahamians to access loan money to invest in their businesses without having to meet the traditional equity requirements. The average entrepreneur starting a business does not have a house to put down as equity or a large inheritance to put aside. The Loan Guarantee Programme will make financing accessible for participants who go through the SBDC training and advisory programme.”

He also noted that under the programme, the frustration of the lack of funding will be removed and potential entrepreneurs will have access to training and advisory services.  In addition, with the signing with the Bahamas Development Bank and Royal Bank of Canada, it is expected that banks may look differently at investing in small businesses.

The DPM introduced five entrepreneurs who have participated in the SBDC’s training and advisory programme and who have advanced to the funding stage: Petula Henfield, a pizzeria owner; Nicole Johnson, a private internment and related services provider; Sherril Bethel, a sea glass jewellery designer; Moses Pitter, a full service solar energy product manufacturer; and Kenroy Harris, who produces fresh drinking water and ice.

 

By Robyn Adderley

Release: BIS

Photo Captions:

Header: The Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest (centre) along with Kevin Darling of the Royal Bank of Canada (left) and Jeffrey Andrews, chairman, Small Business Development Centre, signed an agreement enabling micro, small and medium sized businesses to access funding following training.

First Insert: Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest, announced the official launch of the Access Accelerator Small Business Development Centre during a town meeting at the Bishop Michael Eldon School Auditorium, Thursday, January 31. 

Second Insert: The official launch of the Access Accelerator Small Business Development Centre was well attended, Thursday, January 31. 

 

(BIS Photos/Lisa Davis)

 

 

 

 

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Bahama Brass Band Invitation Sparks Heritage Debate Ahead of TCI Constitutional Holiday

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Turks and Caicos, August 20, 2026 – The planned participation of the Bahama Brass Band in the Turks and Caicos Islands’ inaugural Constitutional Holiday celebrations on August 30 has sparked public debate over culture, heritage and the historical contributions of Turks and Caicos Islanders abroad.

Organizers defended the invitation, saying the band’s inclusion is intended to highlight the deep historical ties between the two countries and honor Turks and Caicos men who helped establish and develop the institution in Grand Bahama.

According to the organizers, the Bahama Brass Band began in 1955 in Pine Ridge, Freeport, with Turks and Caicos Islanders, including the late Deacon Reuben Hall Sr. of Middle Caicos and Jenkins Williams and Mervin Hendfield of North Caicos, among those who helped build its foundation. The band eventually grew to more than 50 men.

The organizers also pointed to the participation of Turks and Caicos men in The Bahamas’ Independence celebrations on July 10, 1973, arguing that their contributions became part of Bahamian history while maintaining strong connections to their homeland.

Supporters say bringing the band home represents an opportunity to honor those pioneers, showcase their regional influence and expose younger generations to an important part of Turks and Caicos history.

However, concerns raised publicly described the invitation as potentially disrespectful to local culture and heritage. Organizers acknowledged those concerns, apologizing to anyone who felt overlooked or offended, while maintaining that no disrespect was intended.

The committee said the event should ultimately unite rather than divide, presenting the band’s history as evidence of the reach and resilience of Turks and Caicos heritage.

PHOTO CREDIT: Bahamas Brass Band

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CBC Supports Opportunities for Young Bahamian Basketball Players

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NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers of Dasani products, proudly sponsored the fifth annual, Caribbean Hoopfest.

The tournament brings together Bahamian high school basketball teams and visiting teams from the United States for a competitive showcase at the Kendal G. L. Isaacs Gymnasium.  Following its inaugural year at the Kendal G. L. Isaacs gym and last year’s event at Loyola Hall, the tournament returned to the Kendal G. L. Isaacs gym this year.

During the weekend tournament, CBC kept athletes well hydrated with in-kind donations of Dasani Water, Powerade and Minute Maid Juices.

During the tournament’s final day, CBC provided additional support by offering Sprite No Sugar samples and inviting attendees to participate in its Spin the Wheel for a chance to win exciting prizes.

CBC was proud to support this incredible event, which provides young Bahamian athletes with valuable exposure to U.S. basketball scouts and coaches. This opportunity gives them the chance to earn scholarships, continue their education, and pursue their basketball careers in the United States.

Event organizer, Donald Francois shared his appreciation for CBC’s support.

“I want to express our sincere appreciation for Caribbean Bottling Company, who has been a tremendous supporter and an important part of the success of our program. Without CBC’s support, Caribbean Hoop Fest would not be able to function at the level it does today. And without Caribbean Hoop Fest, we would not have been able to provide the opportunities that have helped young Bahamian athletes gain exposure and pursue educational opportunities in the United States,” he expressed.

Since the program’s inception, several Bahamian student-athletes have been selected for scholarship opportunities, highlighting the tournament’s growing impact on the development and advancement of young basketball talent in The Bahamas.

They are: Kelvin McDowells – Guard, Wodson Antoine – Power Forward, Justin Lafleur – Guard and Sean John – Guard.

After another successful edition of the tournament, Francois shared what he hopes he and Caribbean Bottling Company can achieve in the future.

“Our vision is bigger than basketball. We want to use the platform of Caribbean Hoop Fest to educate, develop, and create opportunities for young people and their families throughout the Bahamas. With individuals and organizations committed to our mission, we believe we can continue to grow the program and make an even greater impact,” Francois said.

For more details on community support, events and new products visit Caribbean Bottling Company at www.cbcbahamas.com today.

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More Bahamians Accessing HIV, STI Care Through NHI

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NASSAU, Bahamas — More Bahamians are accessing HIV and sexually transmitted infection-related healthcare through National Health Insurance, a trend the NHI Authority says should be viewed positively.

NHIA stressed in an August 6 statement that its 2025 figures measure healthcare utilisation, not newly diagnosed infections. They include beneficiaries screened, treated, monitored or receiving follow-up care, including people diagnosed previously.

“Increased utilisation of these services should be viewed as a positive development,” NHIA said.

The Authority pointed to “greater enrolment and use of NHI, improved access to screening and testing, continued treatment and monitoring of existing conditions, and increased willingness to seek medical care.”

The development comes amid a mixed three-year HIV picture. New diagnoses rose from 130 in 2023 to 156 in 2024, before declining to 142 in 2025.

NHIA said increased utilisation demonstrates that more beneficiaries are accessing needed healthcare and actively managing their health, reinforcing the importance of screening, early diagnosis and continued treatment.

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