Micro, small, and medium enterprises (MSMEs) supported under the United Kingdom Caribbean Infrastructure Fund (UKCIF) took centre stage at the Buy Belizean Expo on 14 June. The event in Dangriga Town gave them the opportunity to showcase their products and services after months of targeted assistance.
Their participation was the culmination of a comprehensive technical assistance programme funded by the UK Foreign, Commonwealth and Development Office (UK FCDO), as part of the wider UKCIF Coastal Highway Upgrading Project. The initiative was implemented in partnership with the Caribbean Development Bank (CDB), the Belize Social Investment Fund (BSIF), the Ministry of Infrastructure Development and Housing (MIDH), and the Belize Trade & Investment Development Service (BELTRAIDE).
The Coastal Highway Upgrading Project is financed by a £26 million (US$32 million) grant from the UK FCDO and a US$34.5 million (£28 million) loan from the CDB, along with counterpart funding from the Government of Belize. Together, these investments aim to strengthen infrastructure and economic resilience in coastal communities.
The initiative has supported the formalisation of 80 Micro, Small & Medium Enterprises (MSMEs) and the training of 59 business owners in the coastal communities of Gales Point and Mullins River Villages – double the original target.
BELTRAIDE has played a key role in equipping MSMEs with skills in business development and formalisation. For the entrepreneurs and businesses supported through the UKCIF programme – including those benefiting from BELTRAIDE’s training, the Buy Belizean Expo marked a pivotal milestone. It offered a platform to tap into new economic opportunities, expand market access, and experience the real-world impact of strategic investment in sustainable livelihoods.
During the event, 21 MSMEs which had participated in the formalisation and training activities delivered by BELTRAIDE, alongside support agencies, highlighted their vibrant entrepreneurial spirit and economic resilience fostered through this initiative.
The new acting British High Commissioner to Belize, Alistair White, spoke at the event, noting that,
The UK is proud to support this expo, which brings to life some of our major aims through the UK Caribbean Infrastructure Fund – increasing opportunities and improving people’s lives.
Elbert Ellis, portfolio manager in the Caribbean Development Bank’s Social Sector Division, spoke on behalf of the bank, praising the project’s training of female entrepreneurs. He noted,
CDB’s commitment to supporting women-led enterprises is reflected at this Expo and overall Project, with 43 of the 80 newly formalized MSMEs being female-owned, helping to build a more inclusive business environment in Belize.
Mr. Ishmael Quiroz, Executive Director of BELTRAIDE, said,
At BELTRAIDE, we believe that small businesses are the cornerstone of Belize’s economic future. This Expo is a powerful reflection of what happens when capacity-building meets opportunity. The MSMEs on showcase here today have not only formalised their operations but are now positioned to thrive in larger markets, showcasing the success of strategic partnerships and community empowerment.
amilah Cardona, P.Eng., Project Engineer in the MIDH’s Project Execution Unit, added,
The work of the MIDH extends beyond building roads. We strongly believe that incorporating additional measures within these projects enhances the livelihoods and well-being of those communities directly impacted by the project and ensures that the benefits are widely shared and sustainable.
This Buy Belizean Expo marked a significant accomplishment in the journey of supporting livelihoods along the Coastal Highway through the UKCIF Programme, celebrating community empowerment, equitable economic development, and the transformative impact of strategic partnerships.
