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Turks and Caicos Islands Sports Commission Launches Athlete Development Fund

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#TurksandCaicos, August 18, 2023 – The Athlete Development Fund (ADF) developed by the TCI Sports Commission has officially launched for grant applications.

In June 2022, The ADF was initially launched, coinciding with the Turks and Caicos Islands’ first Long-Term Athlete Development Symposium. This launch sparked the partnership between the private and public sectors for sport funding. The ADF is guided by a committee that determines and prioritises investment strategies for sports associations, clubs and athletes in an effort to enhance sport development in the Turks and Caicos Islands.

Key sponsors have committed funds which will finance awardees for 2023-24 and the upcoming year. The main objectives are to increase sporting participation opportunities and increase the Turks and Caicos Islands’ capacity to compete and develop a sporting system that systemically achieves world-class results.

Funding is provided to eligible organisations and athletes for programming that supports Long-Term Athlete Development (LTAD) with a particular emphasis on High-performance Development. LTAD caters to grassroots programmes at the primary and high school levels, leading the athletes to semi-professional and professional levels. This high-performance development could take the form of sports training camps, sport leagues and tournaments and sport equipment.

The Director of Sports Mr Jarrett Forbes explained the importance of the ADF, “We strongly believe that sport is a positive pathway for building young people and consequentially building stronger communities. And we believe that there are many individuals who live in these islands or who have a strong interest in the TCI, who also believe in building strong communities… who find value in a safe, enjoyable and productive Turks and Caicos Islands.”

The ADF also finds a path to tackle funding challenges, as while the Turks and Caicos Islands Government is steadily increasing its allocation for sports development, further streams of funding are essential.

Forbes explained this further, “Many countries around the region are heavily supported by the Olympic Solidarity Fund. However with the TCI currently not an associated member of the International Olympic Committee (IOC), we do not receive Olympic Solidarity funding.

Neighbouring countries like the Bahamas, and Jamaica, and major countries like Canada and the United Kingdom’s sports systems are heavily funded by a National Lottery but in the TCI, we do not have such a sport funding system. We, therefore, found it important to find a way to provide additional resources to our sports organizations and athletes through the creation of the Athlete Development Fund.”

During the press conference, Director of J&W Construction Samuel Harvey presented a $10,000 cheque adding to the pool of funds to serve the 2023/24 year of the ADF. J&W Construction also committed funding in the inaugural year of the ADF.

Mr Harvey shared, “I believe in the going forward of the youth in this country and with sports…From the second this was shot to me I said, “Yes this is a good idea and I will guarantee you that J&W are going to back this project.” We were hoping to be trailblazers.”

In attendance was also the Minister of Education, Youth Sports and Social Services, Hon Rachel Taylor. She shared, “The government understand the significant impact sports can have on a country. More importantly the youth of a country and the growth and development it can provide to both…Our young people want to see that we are interested and believe in them. Nothing shows belief like investment. That is why I want to encourage the private sector to not just give to the fund but invest in the future of the Turks and Caicos Islands. TCIG has made intentional investments in sports and with private sector collaboration, we have the ability to transform lives because partnerships cultivate efficiency effectiveness and productivity.”

If you or your organisation is interested in investing in the Athlete Development Fund, contact the Committee at info@tciathletedevelopmentfund.com.

 

About the ADF

The Athlete Development Fund (ADF) is designed to support the development of Turks and Caicos Islands athletes. Under the mantra “The future is now”, funding is provided to eligible organizations and athletes for programming that supports Long-Term Athlete Development with a particular emphasis on High-performance Development.

The objectives of the ADF are to:

  1. increase opportunities to participate in quality sport activities for all Turks and Caicos Islands, including under-represented groups;
  2. increase the capacity of the Turks and Caicos Islands sport system to systematically achieve world-class results at the highest international competitions;
  3. contribute to the provision of technical sport leadership within the Turks and Caicos Islands sport system; and
  4. advance Turks and Caicos Islands’ interests, values and ethics in sport at home and abroad.

To find out more about the ADF and how to contribute to the fund, visit https://www.tciathletedevelopmentfund.com.

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Invest TCI Strengthens Regional Investment Connections at Caribbean Investment Forum 2026 in Barbados

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Providenciales, Turks and Caicos Islands – Monday, 19th October 2026: Invest Turks and Caicos Agency (Invest TCI) strengthened its regional presence at the Caribbean Investment Forum (CIF) 2026, held October 5 – 7, 2026, in Bridgetown, Barbados, participating as both a sponsor of the Forum and representative of the Turks and Caicos Islands’ investment landscape.

The Caribbean Investment Forum brought together regional and international investors, government representatives, business leaders, entrepreneurs, investment promotion agencies, and development partners to explore investment opportunities, strengthen partnerships, and advance sustainable economic development throughout the Caribbean.

The Agency’s sponsorship of CIF 2026 formed part of its continued commitment to strengthening the visibility of the Turks and Caicos Islands within the regional investment community and building relationships with investors, development partners, investment promotion agencies, and businesses across the Caribbean.

The opening of the Forum was attended by the Honourable Mia Amor Mottley, Prime Minister of Barbados, who emphasised the importance of scaling regional investment, strengthening economic cooperation, and transforming innovative ideas into commercially viable opportunities. Invest TCI was represented by Ms. Alexa Cooper, Domestic Investment Officer, and Mr. Hezron Henry, Marketing Support Officer. Throughout the Forum, the delegation engaged with stakeholders and promoted the Turks and Caicos Islands as a competitive investment destination while exploring opportunities for greater regional collaboration and knowledge exchange.

Speaking on her experience at the Forum, Ms. Alexa Cooper, Chief Domestic Investment Officer, said:

“CIF 2026 provided another valuable opportunity to engage with donor organisations, investors and Investment Promotion Agencies (IPAs) from across the Caribbean. A highlight for me was the introduction of an exclusive masterclass for fund managers, investors and support organisations, which offered practical insights into unlocking capital, strengthening investment ecosystems and supporting investment-ready businesses. I was equally impressed with the quality of projects pitched, which showcased the region’s innovation and investment potential. It was encouraging to see projects presented with a clearer understanding of investor expectations, reinforcing the importance of not simply developing projects, but ensuring they are well-structured, investment-ready and positioned to attract the right investment partners.”

Accompanying the Invest TCI delegation was Mr. Sean Penn, Chief Executive Officer of Sky Poultry Farm Ltd., the first commercial egg and poultry production facility in the Turks and Caicos Islands. Mr. Penn’s participation provided an opportunity to showcase the development of domestic enterprise within the Turks and Caicos Islands while highlighting the potential of agriculture and food production as part of the country’s broader economic diversification efforts.

Through his participation at CIF 2026, Mr. Penn had the opportunity to engage with regional stakeholders, gain exposure to developments within the Caribbean agricultural sector, and explore potential partnerships and opportunities related to agricultural investment, innovation, and enterprise development.

For Invest TCI, the combination of sponsorship, investment promotion and local business representation provided a multifaceted platform to advance the Agency’s mandate. It allowed Invest TCI not only to promote the Turks and Caicos Islands to prospective investors but also to facilitate greater exposure for a local enterprise operating within an emerging sector of the economy. The Forum also provided opportunities for the Invest TCI delegation to exchange knowledge with regional counterparts, strengthen institutional relationships, and gain insight into investment trends and opportunities affecting Caribbean economies.

As the Caribbean Investment Forum continues to expand its regional reach, Santo Domingo, Dominican Republic, was announced as the destination for the next edition of the Forum, providing another opportunity to bring together investors, policymakers, investment promotion agencies and businesses from across the Caribbean and beyond.

Invest TCI looks forward to the continued growth of the Caribbean Investment Forum and the opportunities it creates to deepen regional partnerships, promote investment, and connect Caribbean businesses with new markets and sources of capital. The Agency remains committed to attracting sustainable investment, supporting domestic enterprise, encouraging economic diversification, and developing partnerships that contribute to the long-term economic development of the Turks and Caicos Islands.

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Bahamas News

Energy Minister Delivers Electrifying Keynote Opening Address at CAREC 2026  

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NASSAU, The Bahamas – The Bahamas’ Minister of Energy, Utilities and Aviation, The Honourable JoBeth Coleby-Davis, delivered an electrifying address during the opening ceremony of the 2026 CARILEC Resilient/Renewable Energy Community (CAREC) Conference and Exhibition, being held October 18–22, 2026, at the British Colonial Hotel in Nassau, The Bahamas.

Under the theme “Empowering Progress: Strategic Policy and Planning for the Energy Transition,” the event draws more than 200 industry leaders, policymakers, regulators, and energy professionals committed to advancing practical strategies for sustainable and reliable Caribbean power systems through renewable energy and emerging technologies.

During her address, titled “The New Energy Era: Transforming Policy into Progress,” Minister Coleby-Davis reminded attendees that The Bahamas’ national motto, “Forward, Upward, Onward, Together,” aptly describes what the region’s energy transition demands.

“Empowering Progress speaks directly to our national motto. Not waiting for progress, but creating the conditions that allow progress to happen. Meaningful progress, however, does not occur by accident. It requires vision, sound policy, strategic planning, strong institutions, and the determination to turn decisions into results,” said Minister Coleby-Davis.

Participants acknowledged that small island developing states share similar pressures, compounded by geographical challenges, small electricity markets, ageing infrastructure, geopolitical influences, and the growing threat of severe weather.

Tasked with ushering in a new energy era across the islands while addressing the challenges posed by The Bahamas’ unique archipelagic composition, Minister Coleby-Davis said, “Every island needs a different answer, but the same logic. As an archipelagic nation, we must provide electricity across many islands, each with its own demand and infrastructure needs. Our strategy, therefore, must be national in direction, but responsive to individual communities.”

Restating her Ministry’s three core messages—that energy is an economic and security priority, technology must be viewed as a tool to support strong institutional leadership, and natural gas should be considered a bridge, not a destination—Minister Coleby-Davis reiterated that “progress must now be reflected in functioning infrastructure, effective institutions, and better electricity services: from policy commitments to coordinated implementation, and from fragmented investment decisions to long-term planning.”

Organised by CARILEC and co-hosted by Bahamas Power and Light (BPL) and Grand Bahama Power Company (GBPC), the annual Conference and Exhibition brings together the Caribbean energy community to advance practical solutions to the region’s most pressing energy challenges and accelerate progress towards more resilient, reliable, and sustainable power systems.

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Bahamas News

Monument Supports Hands for Hunger With Paradise Plates Debut  

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NASSAU, Bahamas — Caribbean Wines & Spirits (CWS), The Bahamas’ leading wine and spirits distributor, proudly supported Paradise Plates, Hands for Hunger annual fundraiser with a flavorful offering of its newest product, Monument Beverage Co.

Monument, which launched this July and is available across six major islands, made its Paradise Plates debut. Guests enjoyed three bold flavors: Peach Passion, Ginger-Lime and Melon Fizz as they socialized throughout the evening.

Monument brand ambassadors engaged guests with knowledge on the ready-to-drink beverage’s unique taste and look. Many attendees were delighted to learn that Monument is 100% Bahamian-made and owned and enjoyed seeing the various national landmarks on the packaging.

The booth was adorned with vibrant brand colors, striped arches, tropical florals and a photo worthy backdrop featuring Monument cans filled with florals cascading down the wall.

At the end of the event, the entire Monument inventory had finished, making Monument’s Paradise Plates debut a huge success.

For more details on Caribbean Wines & Spirits, new products and specials, visit www.cwsbahamas.com today.

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