October 19, 2021

Cayman Islands Government signs MoU with CISBA to support small businesses

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 The agreement was signed by Minister Hew and CISBA president.

• The agreement outlines services CISBA will provide to business owners with financial support of government.

Minister Joseph Hew and CISBA President Dawn McLean-Brady sign a MoU for small business support services.

GRAND CAYMAN (GIS) – The Ministry of Commerce, Planning and Infrastructure is boosting its support for small businesses through the Cayman Islands Small Business Association (CISBA).

            On Monday, 11 February, Hon. Joseph Hew, Minister for Commerce and CISBA President Dawn McLean-Brady signed a memorandum of understanding, which sets the programmes CISBA will deliver in 2019 to aid small business owners, with financial support of government.

            “Government is steadfast in its commitment to support small businesses,” comments Minister Hew. “Small businesses are a huge driver of our economy so ensuring their continued growth and development is key. The Small Business Association has been a champion for small business owners and I am proud to support the association in its efforts to assist small businesses.”

            Services set to be provided include workshops, mentoring sessions, grants and individual assistance. The agreement outlines the requirements for the quantity, quality and timeliness of those services.

            “We are honoured to once again partner with the Cayman Islands Government to support small businesses,” says Dawn McLean-Brady. “With government’s backing we are poised to achieve our goal of advocating for the growth of small businesses and promoting an entrepreneurial spirit.”

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