AGP Executive Report
Last update: 9 hours agoTourism Resilience: Jamaica’s tourism minister proposed a permanent Caribbean fund to prepare for shocks and support workers and small businesses. It remains a proposal, with funding and governance still to be worked out. MSME Finance: Outgoing Caribbean Export chair Lynette Holder says the agency attracted more than US$170 million in targeted investment for over 30 regional projects and built partnerships to help small firms access growth capital. Digital Readiness: Only 12% of Caribbean businesses use AI effectively, despite SMEs making up 85% of firms, a tourism conference speaker warned. As travelers increasingly use AI to plan trips, businesses risk being overlooked if they are hard to find online. Business Lending: Guyana’s development bank has launched a loan programme, offering a new potential source of financing for local businesses. New Opportunities: A US$6.3 million initiative aims to help Dominican businesses turn sargassum into commercial opportunities.
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