FOR IMMEDIATE RELEASE
Free Advice Available to Small Businesses
The Cayman Islands Centre for Business Development (CICBD), in the Ministry of Commerce, Planning and Infrastructure, will collaborate with the University College of the Cayman Islands (UCCI) through the Student Consulting Programme to provide free and confidential advice to small businesses.
The ten-week programme, which begins in February 2021, will partner small businesses with upper-level business students at UCCI. The students will provide advice to business owners to solve a particular problem or reach a specific goal.
Director of CICBD, Althea West-Myers said that the programme, which has been running for over ten years through the Ministry, is part of combined efforts to support small businesses. “The Centre was set up to improve small business viability through increased access to finance but also for training, business counselling and advice. So this programme is prefect alignment”, she noted.
Minister of Commerce, Hon. Joey Hew stated that small businesses are a vital part of the local economy and ensuring that entrepreneurs and small business owners receive the support they need is one of the most important priorities for the Ministry, especially at this time.