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Invest TCI Celebrates a Decade of Innovation and Impact

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Providenciales, Turks and Caicos Islands – Friday, 25th July 2025: As the investment landscape of the Turks and Caicos Islands has transformed over the past decade, so too has the role of Invest TCI. Now marking ten years of service, the Agency has helped shape a more inclusive and resilient economy — facilitating over $1.2 billion in investment and supporting hundreds of local enterprises along the way.

A Decade of Investment and Impact

Over the past decade, Invest TCI has supported over 300 micro, small and medium-sized enterprises (MSMEs) through its MSME Programme. Since the first round of MSME approvals in 2016, the programme has expanded to include sixteen priority areas, creating more opportunities for locals to strengthen and scale their business across a range of industries. The MSME Programme has continued to grow with nationwide outreach initiatives, including island-wide roadshows, playing a vital role in raising awareness of its benefits and offering direct support and guidance to both aspiring and existing entrepreneurs.

In 2023, Invest TCI hosted its first MSME Award Ceremony, recognizing outstanding local entrepreneurs who had demonstrated exceptional resilience and commitment throughout the programme. Further strengthening the programme, in 2024, an impact study was conducted to assess its outcomes, measure its contribution to economic growth, and inform future improvements to better serve local entrepreneurs. Notably, also in 2024, one MSME recipient expanded operations and is now being assessed outside the MSME category, which indicates the impact of the programme in nurturing small businesses into sustainable large-scale enterprises.

Invest TCI continues to play a strategic role in strengthening a favourable business environment for investors and bolstering the FDI ecosystem of the Turks and Caicos Islands. The agency has secured over $1.2 billion in foreign direct investments through executed development agreements, creating more than 1000 direct employment opportunities for locals. As due diligence remains a critical component during the vetting process, Invest TCI remains committed to supporting credible, high-impact developments that align with national development priorities. Over the last ten years, the agency has built relationships with global brands such as Ritz-Carlton, IHG, positioning the Turks and Caicos Islands as a premier destination for high-end investment and development.  At the same time, the Agency has strengthened ties with renowned local brands, including Grace Bay Club and The Hartling Group; longstanding partners who continue to expand their footprint and contribute significantly to the country’s tourism and real estate landscape.

Recognizing the need to better support a growing and diverse client base, Invest TCI made a strategic decision in 2023 to establish the Business Support Unit to provide dedicated and comprehensive support and training to entrepreneurs and small businesses. As the services offered continued to spread across the country, the agency noticed the need to enhance its presence in Grand Turk. In recent years, small business activity on the island has increased, alongside growing investor interest in Grand Turk’s unique cultural and economic potential.

Global Recognition and Strategic Partnerships

An important element of Invest TCI’s accomplishments contributed to defining the brand and visual identity of the agency. Invest TCI was carefully rebranded in 2017, strengthening the agency’s value proposition to investors. Its unique visual identity has been instrumental in communicating the country’s attractiveness and capturing the attention of international partners.

Invest TCI continues to generate international interest through its active participation in investment–focused international events, and the publication of several thought leadership articles, positioning the Turks and Caicos Islands as a forward-looking, investor-ready destination for investment. This proactive approach has created opportunities for the agency’s team to contribute to international planning committees and assume leadership roles within the global investment promotion community. In 2023, CEO of Invest TCI, Mrs. Angela Musgrove, was appointed as a Director of the Caribbean Association of Investment Promotion Agencies (CAIPA), a role that strengthens collaboration across the Caribbean, and has increased the visibility of the Turks and Caicos Islands among international investors.

Through strategic partnerships, projects facilitated by the agency have been recognized at the Caribbean Hotel & Resort Investment Summit, now known as ALIS CALA. The agency continues to provide global exposure for its MSMEs, most recently through its partnership with DMZ Canada. This collaboration has created international growth opportunities for entrepreneurs like Ms. Mary Fulford, owner of Island Mystique, who is now exploring new markets and expanding her business reach.

Leveraging Policy and Sustainability

In alignment with global sustainability trends, Invest TCI continues to champion sustainability by exploring further integration of Environmental, Social, and Governance (ESG) principles into the investment screening and facilitation process.

In addition to its vital role in attracting investments, Invest TCI actively participates in policy advocacy. To date, the agency has contributed to several policy recommendations, including but not limited to the revised National Investment Policy, MSME and Refurbishment Policies, ensuring the policy environment remains aligned with investor needs and national goals.

Looking Ahead

CEO of Invest TCI, Mrs. Angela Musgrove stated “As we mark this decade of service, we do so with gratitude for our partners, pride in our people, and optimism for the future. Our mission remains bold: to catalyze inclusive, sustainable investment that empowers every island and every entrepreneur across the Turks and Caicos.”

To commemorate this milestone, Invest TCI will host a series of events, including a celebratory Annual General Meeting that will convene government leaders, investors, and entrepreneurs to highlight those who have contributed to our economic landscape and explore the next phase of economic opportunities for the islands.

As Invest TCI enters its second decade, its mission remains clear: to drive sustainable investment that benefits the people of the Turks and Caicos Islands, builds resilient industries, and strengthens the country’s position on the global investment stage.

Looking ahead, Invest TCI will prioritise a better investor experience through innovative experiences and resources while adopting AI for a seamless process. Invest TCI reaffirms its commitment to continued outreach across the islands to ensure that every community can participate meaningfully in the country’s economic future.

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Beaches Turks & Caicos gives Enid Capron Primary a pre-term facelift

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PROVIDENCIALES, Turks & Caicos Islands: — Beaches Turks and Caicos has refreshed the grounds of Enid Capron Primary School in Five Cays, Providenciales, ahead of the new school year, with a landscaping team from the resort, pruning and cutting back overgrown branches to give the campus a cleaner, safer look.

The project focused on the school’s exterior plantings, where tangled growth had begun to encroach on walkways and outdoor learning areas. The team spent time trimming hedges, thinning dense shrubs and removing deadwood to improve sightlines and airflow around the buildings.

Assistant Landscaping Manager, Kemar Jones said the work at Enid Capron is a regular priority for the department, which views community giving as a core part of its mandate. He noted that supporting local schools, particularly through hands-on environmental work, has long been a focus area for his team.

Jones, said the effort reflects the group’s wider commitment to the islands. “As a team, our goal is to give back to our communities and especially providing support for the environment and education,” Jones noted. “The team is always ready to share our skills with making the school environment more comfortable for our students and teachers.”

General Manager Deryk Meany framed the project as part of Beaches’ broader approach to working alongside the community beyond the resort gates. “At Beaches Turks and Caicos, we operate as a team not only within the confines of the resort but also with our communities,” Meany added. “Being able to share our varied skills is always our main focus. Providing a comfortable learning environment allows for a greater relationship with our educational collaborators.”

He added that the resort seeks opportunities to support range of school-based initiatives, from environmental and leadership clubs to creative programmes.

Minister of Education, Youth, Sports and Culture Hon. Rachel Taylor described the landscaping mission as a continuation of a long-standing relationship between the Ministry and Beaches Turks and Caicos. “This mission from our major private sector supporter, Beaches Turks and Caicos is a long standing activity,” Taylor said. “At Enid Capron Primary School, we are treated as family. Once we reach out to the resort, they have always responded in a positive way.”

Hon. Taylor said the support is particularly valuable in the areas of education and community development, where consistent private-sector engagement can amplify government efforts.

Nelene Swann, vice principal at Enid Capron Primary welcomed the refreshed grounds as a boost to morale before classes resume. “This is what true collaboration looks like,” she noted. “This is more than a facelift for the school. The team from Beaches Turks and Caicos has shown true commitment in adding to this learning environment for our students and teachers.”

She said the improved landscaping contributes to a more comfortable and inviting campus for all stakeholders. “This is a good way to start the new school year. This facelift will certainly make the facilities here at the school more appealing to our students, teachers and parents.

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Beaches Turks & Caicos strengthens year-round commitment with local craft vendors and transport operators

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Turks and Caicos Islands, October 8, 2026 – Beaches Turks and Caicos Resort is deepening its long-standing collaboration with local craft vendors and transport operators, maintaining active support even during the off-peak season to sustain livelihoods and strengthen the islands’ tourism ecosystem.

Local entrepreneurs say the resort’s commitment is felt throughout the year, with particular emphasis on keeping businesses vibrant when visitor numbers dip. Veteran craft vendor Cassandra Gardiner highlighted the consistency that has become a hallmark of the association. “We are satisfied with the consistency shown by the resort and the local entrepreneurs,” Gardiner said. “During the slower season, they have taken the time to keep the entrepreneurial team active with customer service and marketing training workshops.”

The workshops, delivered in collaboration with the Sandals Foundation and the Sandals Corporate University, focus on practical skills such as product display, guest engagement and digital marketing-tools that help artisans convert resort traffic into steady sales even outside peak periods. The Cultural Marketplace, located adjacent to the property, continues to serve as a primary platform, while vendors are welcomed onto the resort grounds on scheduled days to reach a wider audience.

For local taxi associations, the resort’s backing translates into reliable business and sponsorship for community activities. Loftan Ellis, a veteran transport operator, described the support as “magical,” noting that Beaches is often the first to confirm sponsorship for association events and planned activities. “The consistency in business from Beaches Turks and Caicos Resort is one of the main reasons for us to maintain our livelihood while helping to build our primary industry, tourism,” Ellis added.

This alignment between resort operations and local transport providers helps stabilize income during quieter months, ensuring that drivers and small operators can remain active participants in the destination’s tourism value chain.

General Manager Deryk Meany framed this collaboration as central to the resort’s corporate social responsibility and philanthropic mission. “We remain committed to providing support to our environment and the communities that we serve,” Meany said.

He emphasised that growth at the property is intended to create shared opportunity. “As we grow, we will create greater opportunities for the people of the Turks and Caicos Islands to grow alongside us,” Meany said.

By maintaining training, market access and sponsorship across the calendar, the resort is helping to build resilience in a sector vulnerable to seasonality. For craft vendors and transport operators alike, this local support offers more than intermittent income; it provides a structured pathway to professionalise services, expand customer reach and contribute to a more diversified and sustainable local tourism economy.

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Invest Turks and Caicos Officially Opened Caya Hico Collective, Grand Turk MSME Storefront

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Providenciales, Turks and Caicos Islands – Friday, 2nd October 2026: Invest Turks and Caicos officially opened Caya Hico Collective, the Grand Turk MSME Storefront, on Friday, September 18, 2026, marking a significant milestone in the Agency’s ongoing efforts to support local entrepreneurs, expand access to market opportunities, and strengthen the small business ecosystem.

Caya Hico Collective has been established as a dedicated retail space to showcase and sell locally made products, initially featuring entrepreneurs participating in the MSME Programme. As the initiative develops, there are plans to expand participation to include other small businesses producing locally made goods, including those not directly supported under the Programme. The storefront will provide local businesses with greater exposure and direct access to both residents and the thousands of visitors who arrive in Grand Turk each year creating stronger linkages between local entrepreneurs and the tourism economy. The store currently features fourteen (14) inaugural vendors, representing a diverse selection of local businesses and products from across the Turks and Caicos Islands.

Speaking on the significance of the initiative, Ms. Alexa Cooper, Chief Domestic Investment Officer, said:

“This storefront represents a practical and meaningful step in supporting our MSMEs by providing access to market, one of the most critical components of business growth. It is a space where local talent, creativity and entrepreneurship can be showcased, supported and connected with new customers.”

A Name Chosen by Grand Turk’s Youth

The name Caya Hico Collective was selected through the Grand Turk MSME Storefront Naming Competition, an initiative conducted in partnership with H.J. Robinson High School. Students were invited to propose an original name that reflected Grand Turk’s identity, culture and heritage while also being suitable for a storefront showcasing locally made products.

Following an independent judging process, Mauvarii Selver was selected as the competition winner for the submission Caya Hico Collective.

The name was recognised for its cultural and historical significance, distinctiveness and strong storytelling potential. “Caya Hico” is derived from the Lucayan term meaning “string of islands,” reflecting the archipelagic identity and heritage of the Turks and Caicos Islands. The use of “Collective” further reflects the purpose of the storefront: bringing together products from multiple local entrepreneurs under one shared retail platform. Together, the name Caya Hico Collective connects the Islands’ heritage with the initiative’s vision of bringing local businesses, products and creativity together in one space.

The naming competition provided students with an opportunity to participate directly in a real-world branding exercise and contribute to an initiative that will form part of Grand Turk’s commercial and tourism landscape.

Mauvarii was formally recognised during the opening ceremony, alongside the other students who participated in the naming competition, the inaugural MSME vendors, and key stakeholders whose contributions supported the successful development and opening of the storefront.

Angela Musgrove, Chief Executive Officer of Invest Turks and Caicos, added:

 “Caya Hico Collective is more than a retail space. It reflects our continued focus on strengthening linkages between local businesses and the tourism sector, creating more opportunities for MSMEs to reach visitors, increasing sales and participate more fully in the tourism economy. At the same time, it gives visitors greater access to authentic products that reflect the creativity and culture of the Turks and Caicos Islands.”

Supporting Local Enterprise and Tourism Linkages

Caya Hico Collective is expected to serve as an important platform for local entrepreneurs by increasing the visibility of locally produced goods, creating additional sales opportunities and providing visitors with greater access to authentic products from the Turks and Caicos Islands.

Through the storefront, Invest Turks and Caicos aims to encourage residents and visitors alike to discover, purchase and support locally made products, while creating a stronger connection between entrepreneurship, culture and the visitor experience in Grand Turk. The initiative is intended to increase opportunities for local businesses to benefit from tourism activity by connecting visitors directly with locally made products that showcase the creativity and talent of entrepreneurs across the Turks and Caicos Islands. This forms part of Invest Turks and Caicos’ broader commitment to promoting economic diversification, sustainable business development and stronger linkages between local enterprises and the tourism sector.

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