Commerce Minister Officially Opens Centre For Business Development

FOR IMMEDIATE RELEASE

Commerce Minister Officially Opens Centre For Business Development

Grand Cayman - In keeping with Government’s strategic priority to support small and micro business businesses across the Cayman Islands to succeed, Commerce Minister Hon. Joey Hew officially opened the Cayman Islands Centre for Business Development (CICBD) today, Tuesday, September 1.

The event was attended by Governor Martyn Roper, Premier Hon. Alden McLaughlin; Deputy Governor Hon. Franz Manderson; Deputy Premier Hon. Moses Kirkconnell; Minister of Public Finance and Economic Development, Hon. Roy McTaggart; Minister of Financial Services and Home Affairs, Hon. Tara Rivers as well as representatives of the public and private sectors.

Located at the Baytown Plaza on West Bay Road, the CICBD started to operate virtually in March to respond to the needs of small businesses during the pandemic. Business advisors conducted daily virtual coaching and training sessions focusing on business continuity for many micro and small business owners impacted by COVID-19.

The sessions focused on areas such as cash flow management, business impact analysis and transitioning businesses online for entrepreneurs who needed to redesign or re-tool their business models.