News
Invest TCI and Department of Youth Affairs hosted Entrepreneurial Symposium
Providenciales, Turks and Caicos Islands, September 29th, 2021 – In celebration of National Youth Day, Invest Turks and Caicos Agency (Invest TCI) was delighted to partner with the Department of Youth Affairs to host a half-day event, “Igniting Creativity Entrepreneurial Symposium,” September 24th at the Gustavus Lightbourne Sports complex.
Under the theme: 5G- God, Growth, Greatness, Generosity and Goals, the National Youth Day Entrepreneurial Symposium concluded the youth day activities focusing on creativity and entrepreneurship. In attendance at the event were numerous government officials, including the Minister of Education, Labour & Employment Services, the Honourable Rachel Taylor, and other specially invited guests. Guests heard from Angela Musgrove, Interim CEO of Invest TCI, who stressed the importance of small business owners being able to think with a growth mindset to meet the needs of a growing TCI economy. She reminded business owners of the need to focus on scalable business models that can maximize growth potential. Presentations were made by Wellington Williams, Owner of the Wellington Collection, and entrepreneur Anya Pratt of Willique Atelier, who enlightened the audience with their stories and journeys on how they became successful business owners.
The event also showcased several local entrepreneurs and recipients of Invest TCI’s MSME Programme who set up displays and engaged with resorts and businesses such as Amanyara, Beaches, IGA and Visit TCI about possible business expansions. The MSME recipients in attendance were:
Islands Organics – Soap manufacturer
Caicos Traditions – Caicos farm and produce supplier
Willique Atelier – Premium handbag manufacturer
Ocean Breeze – Detergent and soap manufacturer and supplier
Karsyn’s Fountain – Alkaline water supplier
Yummies and Aunty Nann’s – Delicious treats supplier
And Cyril Dorsie Publishing – Book publishing company
Island Organics walked away with the Invest TCI Media Award as the media’s favourite and most creative display of the day and will receive additional marketing support and exposure through Magnetic Media and TCI Sun News.
Commenting on the event, Interim CEO of Invest TCI, Angela Musgrove, stated, “We would like to express gratitude to the Department of Youth Affairs for extending the invitation to partner on this initiative and to our MSME recipients for taking advantage of the opportunity to establish contacts with wholesalers and create supply chain linkages. We are pleased that several of the small businesses present were able to connect with a number of wholesalers and hotel gift shop representatives present. We envision that the relationships established at this event will put their small businesses on the path to realizing their growth potential. Entrepreneurship plays a vital role in economic development and is the key to creating new enterprise that energizes the economy. We encourage more entrepreneurs to contact us at Invest TCI to assist in bringing their projects to reality.”
For more information on Invest TCI events, visit www.investturksandcaicos.tc or follow us on social media at @investtci.
Providenciales, Turks and Caicos Islands – May 14th, 2024 – The Turks and Caicos Islands Government and Molo Hotel Group reached a pivotal juncture on Monday, May 13th, 2024, with the ceremonial signing of a development agreement at the Premier’s Office on Providenciales. The agreement, which received official Cabinet approval on March 13th, 2024, signifies a steadfast commitment to advancing the economic landscape of the Turks and Caicos Islands.
Molo Hotel Group is a family-owned business, renowned for its distinguished portfolio of high-quality hotels worldwide. The
development initiative encompasses the construction of three distinct IHG branded hotels: InterContinental Turks and Caicos, Kimpton Turks and Caicos and Hotel Indigo Turks and Caicos. Scheduled for completion by 2027, each resort boasts a distinctive design from luxury to laidback sophistication spanning across the shores of Grace Bay Beach.
Kimpton Turks and Caicos – an epitome of luxury lifestyle living, will feature 192 guest rooms including three outdoor pools, a luxury spa and a fitness center. Additionally, seven dining options ranging from a beachfront restaurant to a rooftop bar.
Adjacent to the Kimpton, InterContinental Turks and Caicos will offer 59 classic luxury suites with panoramic ocean views. Mirroring its counterpart, this resort will offer an array of dining options and upscale facilities.
Steps away from the Intercontinental and Kimpton resorts, Hotel Indigo Turks and Caicos will embrace a sense of community and contemporary elegance, offering 56 bedrooms. The resort will feature an onsite restaurant, lobby bar, outdoor pool, and fitness room.
Beyond the realm of hospitality, this development agreement underscores the government’s commitment to fostering economic growth and enhancing employment opportunities in the Turks and Caicos Islands. Molo is partnering with the Turks and Caicos Islands Community College (TCICC) to actively promote hospitality as a career choice and support in developing training programs, career fairs, seminars, workshops, and events to raise awareness about hospitality careers. Molo has committed to provide employment and apprentice opportunities to TCICC students and provide mentoring and practical on property training to students.
The signing event was graced by Hon. Charles Washington Missick, Premier of the Turks and Caicos Islands, Hon. Jamell Robinson, Deputy Premier, Hon. Kyle Knowles, Minister of Public Safety and Utilities, Hon. Rachel Taylor, Minister of Education, Youth, Sports and Culture, Łukasz and Marcin Slominski, Owners of Molo, Ross Morrow, Managing Director Molo, Arik Kono, Vice President Upscale Development for IHG, Dr. Candice Williams, President and CEO of the Turks and Caicos Islands Community College, Angela Musgrove, InvestTCI CEO, Dr. Barbara Ambrister, Chairperson of the Turks and Caicos Islands Community College, Dr. Delores Stapleton- Harris, Vice President of Academic, Vocational and Student Affairs for the Turks and Caicos Islands Community College, Mr. Kevin Baxter, Dean of Technical Vocational Education Training (TVET) and Sheryl McLaughlin, InvestTCI Investment Services Executive.
Commenting on the development agreement, Premier, Hon. Misick, stated “The Memorandum of Understanding (MOU) signing of
IHG/Molo Hotels is a significant step towards a sustainable future for hospitality in the Turks and Caicos Islands. Three hotels, Kimpton, Intercontinental, and Hotel Indigo, will be introduced, enhancing our tourism product and creating employment opportunities.”
He further added, “Partnerships with the Turks and Caicos Islands Community College and Turks and Caicos Islands Sports Commission are underway, demonstrating the Government’s commitment to developing human capital and elevating tourism offerings. This project will bring economic growth, embrace local talent, and enrich our economy.”
Additionally, Mrs. Angela Musgrove, CEO of Invest Turks and Caicos Islands, emphasized “This collaboration confirms our commitment to fostering economic growth and prosperity within our country. We have worked closely with Molo Hotel Group, and we are confident that this transformative project will further position the Turks and Caicos Islands as a premier destination for travel and investment. Much to our delight, it will also provide opportunities for engagement with our Community College and small business community.”
The Government of the Turks and Caicos Islands, operating through its primary Investment Promotion
Agency, Invest Turks and Caicos Islands, remains committed to attracting and facilitating Foreign Direct Investments to the country by providing a comprehensive suite of services. Through strategic initiatives and targeted promotion, the agency catalyzes sustainable development, driving innovation and small business opportunities across various sectors of the economy.
#TurksandCaicos, May 13, 2024 – Detectives of the Serious Crime Unit of the Royal Turks and Caicos Islands Police Force have
charged a man who allegedly stole a vehicle.
The accused, DANVANTE BRISCO, 30, of Kew Town, Providenciales, was charged with:
- One Count: Robbery
- One Count: Taking Motor Vehicle Without Authority
- One Count: Using Offensive Weapon to cause fear
Mr. BRISCO appeared in court today (May 13 ) and was granted bail of $7500.00 with one surety.
The matter was adjourned to July 05 for a Sufficiency Hearing.
#TurksandCaicos, May 13, 2024 – A 20-year-old Dock Yard male appeared in court today (May 13th) charged with a series of firearm-related offences.
The accused, JAMES SIMON, was denied bail and remanded into custody pending a Sufficiency Hearing scheduled for July 05th, 2024.
Mr. SIMON faces the following charges:
- One Count: Robbery;
- One Count: Gang Membership
- One Count: Possession of a Firearm for the Benefit of a Gang
- One Count: Possession of Ammunition for the Benefit of a Gang.
The charges against Mr. Simon followed investigations by officers of the Royal Turks and Caicos Islands Police Force into a robbery at the parking lot of a Casino where three males robbed a victim.
Additionally, Mr. Simon is charged with the following offences, having been arrested on May 02nd, 2024, along South Dock Road.
- One Count: Possession of a Firearm
- One Count: Possession of Ammunition
- One Count: Unlawful Entry
Officers also charged a teenage minor who was in the company of Mr. Simon on May 02nd with One Count of UNLAWFUL ENTRY.
The accused, seventeen and from Kew Town, Providenciales, pleaded guilty and will be sentenced on May 20th.
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