Division or Agency Name

Division of Finance and the Economy

Programme Name

Enterprise Development Programme

Programme Description

1)    The Enterprise Development Programme is a strategic initiative designed to drive business growth, strengthen entrepreneurship, and enhance economic resilience in Tobago. It offers a suite of projects that provide financial support, capacity building, and infrastructure development to foster a dynamic and sustainable private sector.

2)    The Enterprise Development Loan and Enterprise Development Grant equip businesses with the necessary capital to scale operations, invest in innovation, and improve competitiveness. The Business Incubator Project supports start-ups and emerging enterprises by providing mentorship, training, and workspace solutions to accelerate growth.

3)    The Micro-Centres Project establishes accessible hubs for small businesses, artisans, and micro-entrepreneurs, creating commercial spaces that stimulate local economic activity. The Scarborough Esplanade Project revitalizes the capital’s waterfront area to facilitate commercial expansion, tourism, and investment opportunities.

4)    The Strategic Business Development Project focuses on assisting high-growth enterprises with targeted interventions to boost market access and competitiveness. Additionally, the Cooperative Development Project empowers cooperative enterprises through financial assistance, training, and resource support, enhancing their efficiency and economic impact.

5)    Together, these initiatives create a robust ecosystem that promotes business sustainability, job creation, and economic diversification, positioning Tobago for long-term prosperity.