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Centre for Entrepreneurship and Innovation to Catalyze Business Resilience in Grand Bahama

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#TheBahamas, February 11, 2022 – University of The Bahamas (UB) and the Inter-American Development Bank (IDB) have formalized a partnership aimed at sparking innovation and entrepreneurship in Grand Bahama and developing capacity in digital technology for small business persons.

Officials of UB and the IDB have signed a technical cooperation agreement, commencing a three-year project for which the IDB is contributing a $500k grant and the University is matching that commitment. As a result, a Centre for Entrepreneurship and Innovation and business incubator will be established at University of The Bahamas-North (UB-North) in Grand Bahama where entrepreneurs will be trained, mentored and facilitated in using digital technology to increase their resilience.

IDB Country Representative Mrs. Daniela Carrera-Marquis said during the official announcement on Friday 4th February that many more Bahamian businesses will have the opportunity to develop the skills and ideas to thrive in a global digital arena.

“This partnership with University of The Bahamas aligns perfectly with our Vision 2025 and this vision for the IDB including Latin America and the Caribbean aims to support a more resilient recovery by focusing on five priority areas all of which are actually touched in this partnership that we are establishing with the University – regional integration, support for small and medium enterprises, promotion of the digital economy and prioritization of gender and climate change response.

“This technology focused project has the potential to impact all of these areas and we are very proud to support this endeavor. The contribution of $500k further cements our commitment to drive innovation for inclusion while improving the social, economic and environmental conditions for the most vulnerable,” she said.

Campus President of UB-North Dr. Ian Strachan explained that participants in the programme will be empowered to confidently start businesses or to expand the reach, versatility and resilience of their existing businesses.

“The boot camps, incubators and courses offered will make available to our citizens, at a crucial moment of high unemployment, much needed opportunities to retool; to gain valuable skills that will allow them to participate in the fast changing global economy.

“They will allow them to become more marketable, more competitive and to be masters of their own fate through entrepreneurship.  The skills gap and lack of diversity are key weaknesses of the Bahamian economy and this initiative seeks to tackle these head on,” Dr. Strachan said.

The goal is to establish UB-North as the STEM Campus of the UB System, drawing students from across the archipelago, the region and the world to centres of academic excellence, he added.  A business incubator will also be created along with programmes in Entrepreneurship, Computer Science, Operations Management, Electrical Engineering, Civil Engineering, Mechanical Engineering, Marine Science, Environmental Science, and Sustainable Innovation.

The lingering effects of Hurricane Dorian as well as other devastating storms and the COVID-19 pandemic have exacerbated the economic sluggishness of Grand Bahama, the country’s industrial mecca. However, the technical agreement is a part of a larger effort to stimulate an economic transformation.

Chair of the UB Board of Trustees Mrs. Allyson Maynard-Gibson also heralded the impending transformation. Through the project, 600 participants will be trained and equipped with enhanced digital skills, 300 persons will be directly assisted with starting their own businesses, 25 new courses in digital entrepreneurship and innovation will be offered at UB-North and an annual Grand Bahama Tech Expo will be hosted.

“The partnership that we celebrate today, created by a half million dollar grant from the IDB and matching commitment from UB will transform UB-North, Grand Bahama and The Bahamas. The Centre for Entrepreneurship and Innovation at UB-North will stimulate micro-, small- and medium-sized business ownership and increase the capacity of Bahamians to soar in the digital realm, ensuring our competitiveness nationally and internationally,” she said.

UB President Dr. Rodney D. Smith thanked the IDB for a longstanding partnership with the University and acknowledged that creating a robust environment for entrepreneurship has been a longstanding goal.

“I must thank the IDB for this current project on behalf of the university and for the people of Grand Bahama. We at the university have long envisioned a business and entrepreneurship incubator at the UB-North campus, as a part of that campus’ growth and for the benefit of Grand Bahama. The creation of the Centre of Entrepreneurship and Innovation is our vision realized – it will become the birthplace of innovation,” he said.

Senator the Honourable Kirk Russell heralded the government’s commitment to making the island an epicenter for innovation.

“For the Grand Bahama community, this signing further demonstrates the commitment to transform challenges into innovation. By introducing an environment where the nation’s brightest minds can embrace emerging technologies, the government demonstrates its commitment to remaining focused on the challenges ahead. COVID-19 and the economic fallout have taught us as a nation that paying attention and seeking opportunities to expand our thinking about what is ahead is critical to survival,” he said.

University leaders affirmed the institution’s critical role in the transformation that Grand Bahama is destined to experience.

 

Photo Caption: 

Header: Among the persons who attended the announcement were members of the UB Board of Trustees. Seated: from left are Senator Hon. Kirk Russell; IDB Representative Mr. Tyran Thompson; IDB County Representative Mrs Daniela Carrera-Marquis (online); Chair of the UB Board of Trustees Mrs. Allyson Maynard Gibson; UB President Dr. Rodney D. Smith; Campus President of UB-North Dr. Ian Strachan; and Vice-Chair of the UB Board of Trustees Mr. Peter Whitehead. Standing: Trustee Mr. Barry Rassin; Staff Trustee Mr. Melvert Clarke; Student Trustee Mr. Mackenson Charles; Faculty Trustee Professor Bridget Hogg; Trustee Rev. Dr. Keith Russell; Trustee Mr. Marcus Laing; Trustee Dr. Gadville McDonald and Trustee Mr. Henry St. George.

Insert: Announcement of a $500k grant from the Inter-American Development Bank (IDB) to University of The Bahamas (UB) to spark entrepreneurship and innovation in Grand Bahama. From left are: Vice-Chair of the UB Board of Trustees Mr. Peter Whitehead; Senator Hon. Kirk Russell; IDB Representative Mr. Tyran Thompson; IDB County Representative Mrs Daniela Carrera-Marquis (online); Chair of the UB Board of Trustees Mrs. Allyson Maynard Gibson; UB President Dr. Rodney D. Smith and Campus President of UB-North Dr. Ian Strachan.

 

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Walker Confirmed as U.S. Ambassador to The Bahamas: A Partner in America’s Extended Family

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By Deandrea Hamilton | Magnetic Media

 

The United States and The Bahamas share more than proximity — they share a bond of history, trade, and culture that Washington’s newest diplomat calls “part of America’s extended community.”

Now, for the first time in 14 years, the U.S. Embassy in Nassau will again be led by a Senate-confirmed ambassador. Herschel Walker, the Heisman-winning football legend turned entrepreneur, has been confirmed by the U.S. Senate as America’s official envoy to The Bahamas.

Walker, who will oversee one of the Caribbean’s most strategically positioned U.S. missions, told senators during his confirmation hearing that The Bahamas will play a key role in upcoming U.S. 250th Independence celebrations. “The Bahamian people,” he said, “will be included in this milestone year, because our stories are intertwined — through family, trade, and friendship.”

While his nomination was unconventional, his priorities are anything but vague. Walker vowed to counter growing Chinese influence in the Caribbean, calling Beijing’s investments in Bahamian deep-water ports “a direct threat to U.S. national security.” He pledged to work closely with Bahamian authorities to ensure American interests remain the region’s cornerstone.

“There’s a rise in drug smuggling in The Bahamas, and this is a real danger to the United States,” Walker said, referring to the Operation Bahamas, Turks and Caicos (OPBAT) partnership. He promised to strengthen intelligence sharing, joint patrols, and law enforcement coordination to disrupt trafficking routes that have grown increasingly sophisticated.

But Walker also emphasized opportunity over fear — signaling that his ambassadorship will not only focus on security, but on strengthening The Bahamas as a gateway for U.S. investment, trade, and tourism.

“I will advise the American business community of the vast investment opportunities that exist in The Bahamas,” he said. “And I will make sure the Bahamian government maintains an environment where U.S. companies can invest confidently — because America must prove it is still great as an investor.”

For a small island nation sitting less than 50 miles off the coast of Florida, this renewed diplomatic attention carries weight. Since 2011, the post of U.S. ambassador had remained vacant — a gap that many observers say weakened direct ties, delayed joint security initiatives, and allowed other powers to move in.

Walker’s confirmation — approved 51 to 47 — ends that silence. And with it comes the expectation that this former Olympian and business owner will translate his discipline, charisma, and resilience into diplomatic results.

Critics question his lack of foreign policy experience, but Walker counters with confidence: “Throughout my life, people have underestimated me. I’ve always proved them wrong — by outworking everyone.”

As he prepares to take up residence in Nassau, Walker says his mission is simple: rebuild trust, deepen cooperation, and remind both nations that their futures are tied not just by geography — but by shared purpose, mutual respect, and the enduring ties of community.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

 

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PAY STANDOFF: Prime Minister Cancels Talks as Unions Warn of More Protests

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By Deandrea Hamilton | Magnetic Media

Monday, October 13, 2025 — Nassau, The Bahamas – What began as a calm holiday meeting has spiraled into a full-blown standoff between The Bahamas Government and two of the country’s most powerful public sector unions — the Bahamas Union of Teachers (BUT) and the Bahamas Public Services Union (BPSU) — after the Prime Minister abruptly cancelled follow-up talks set for Tuesday, blaming public comments made by union leaders.

The announcement of the cancelled meeting came late Monday, just hours after a tense sit-down at the Office of the Prime Minister, held on National Heroes Day, where both BUT President Belinda Wilson and BPSU President Kimsley Ferguson accused the government of dragging its feet on salary increases and retroactive pay owed to thousands of public officers.

Wilson, never one to mince words, said the Prime Minister’s “technical officers” — the very people responsible for executing his instructions — were failing to carry out his directives regarding payment timelines.

“The Prime Minister’s issue,” Wilson said, “is that he has persons working for him who are not following his instructions. If those officers would follow through on what he told them to do, we wouldn’t be here today.”

Wilson added that the BUT and other unions are demanding retroactive pay dating back to September 2024, and that all increases be applied and paid by the October payday, not December as previously stated by the Prime Minister.

“Senior civil servants already received their retroactive pay — thousands of dollars — backdated to September of last year,” Wilson charged. “We’re saying the small man deserves the same. This isn’t a gift. It’s money already earned.”

Her comments came after the government publicly insisted that the salary adjustments would be implemented by December 2025, just ahead of Christmas — a timeline unions flatly reject as too slow.

Ferguson: ‘No More Excuses’

Following Wilson, BPSU President Kimsley Ferguson delivered a fiery statement of his own, telling reporters the unions would no longer tolerate delays or mixed messages from the Davis administration.

“The Prime Minister was receptive — but we’re not accepting excuses,” Ferguson said. “If the Prime Minister’s having a memory lapse, we have the Hansard from Parliament to remind him exactly what he promised public officers.”

Ferguson went further, warning that if Tuesday’s meeting failed to produce results, unions would “visit the House of Assembly” and intensify their campaign for immediate payment.

“Public servants, ready yourselves,” he declared. “We are prepared to stand together — all across The Bahamas — until our needs are met.”

Now, with the Prime Minister cancelling tomorrow’s talks altogether, that threat appears closer to becoming reality.

Government Bungles Response

Observers say the administration’s handling of the matter has been confused and contradictory, with conflicting statements on payment timelines and poor communication fueling frustration among teachers, nurses, and general public officers.

The government has maintained that the funds are allocated and will be disbursed before year’s end, but unionists insist they’ve heard it all before — and this time they want results, not promises.

The Prime Minister’s decision to cancel the meeting, rather than clarify or de-escalate tensions, has drawn sharp criticism across social media and among rank-and-file civil servants who see the move as punitive and dismissive.

Slowdown and the Threat of Another Mass Protest

Across several ministries, departments, and schools, reports are already surfacing of a go-slow in the public service, as workers express solidarity with the unions’ demands.

Many believe another mass demonstration is imminent, similar to the one staged last week Tuesday when thousands of workers gathered outside the House of Assembly on Bay Street as Parliament reopened after summer recess.

That protest brought parts of downtown Nassau to a standstill as union members sang, marched, and even sat in the street — a powerful show of defiance that now threatens to repeat itself unless the government moves quickly to resolve the impasse.

A Political Flashpoint

What began as a straightforward salary dispute has now evolved into a test of credibility and competence for the Davis administration. With a restless public sector, rising inflation, and unions unified across professions, the government risks not only another protest — but a full-blown industrial crisis heading into the year’s end.

For now, the unions are standing firm: they want retroactive pay from September 2024 and full salary adjustments by this October. Anything less, they warn, could push the country’s workforce from a slowdown into open confrontation.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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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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