Bahamas Development Bank Awards $56,000 in Development Grants

Nassau Bahamas, 19 October 2023- Entrepreneurs spanning several sectors were recently awarded a 50^th Independence Development Grant from The Bahamas Development Bank (BDB). The 28 Bahamian awardees received $2,000 each for the purchase of equipment, working capital, or training needed to scale up their businesses.

During a special reception hosted by the bank in celebration of the recipients, BDB Chairman, Senator The Hon. Quinton C. Lightbourne, noted entrepreneurship as a driving force behind job creation and community development.

“By empowering entrepreneurs, we empower the nation. The Bahamas Development Bank stands as a steadfast supporter of enterprising individuals,” he said.

The BDB 50^th Independence Development Grant recipients are Anna Moss, Atiya Brown, Carlton King, Charles Richardson, Chendi Evans, Francis Pascal, Garth Jackson, Geoffrey Dugay, Giorgio Knowles, Jada Miller, Janice Ramsey, Jenson Rolle, Jessica Newbold, Lakeisha Rolle, Mataeo Ferguson, Nathan Taylor, Neville Seymour, Nicole Josey, Paula Meadows, Paulette Richardson, Pia Stubbs, Quinneka Smith-Hall, Quinton Johnson, Ranjan Johnson, Shayne Archer, Sherwood Rahming, Tito Bethel, and Valencia Nottage-Oliver. Their businesses represent various fields including agriculture, clothing, education, fashion, finance, landscaping, and healthcare.

BDB is mandated to provide financing for economically viable projects that create employment, utilize Bahamian materials and resources, reduce imports and increase exports, introduce new technology and skills, and promote prosperity for all Bahamians.