NASSAU, BAHAMAS- Forty-three entrepreneurs have been approved for funding under the Sustainable Food Grant initiative, totaling over $1 million.

The Small Business Development Centre in partnership with the Ministry of Agriculture and Marine Resources offers the Sustainable Food Grant, which provides up to $40,000 in funding to both startup and existing businesses. 

Speaking at a press conference yesterday SBDC executive director Samantha Rolle noted that the 240 grant applications received were a clear indication of the strong desire to drive growth and innovation within the agricultural sectors. 

“Although we have experienced an impressive response from aspiring entrepreneurs across The Bahamas, it is particularly encouraging to note that a significant portion of these applications originated from the Family Islands, underscoring the widespread interest and potential impact of this initiative beyond New Providence. Notably, Grand Bahama led the charge with 80 applications, showcasing the enthusiasm and determination of its local entrepreneurs,” said Rolle.

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