{"id":64740,"date":"2017-04-27T12:42:11","date_gmt":"2017-04-27T17:42:11","guid":{"rendered":"https:\/\/selasite.azurewebsites.net\/msmes-challenges-and-financing-trinidad-and-tobago\/"},"modified":"2017-04-27T12:42:11","modified_gmt":"2017-04-27T17:42:11","slug":"msmes-challenges-and-financing-trinidad-and-tobago","status":"publish","type":"post","link":"https:\/\/rmtsolutions.net\/sela\/msmes-challenges-and-financing-trinidad-and-tobago\/","title":{"rendered":"Challenges For MSMEs and Financing Instruments: Trinidad and Tobago"},"content":{"rendered":"<p><a href=\"\/en\/events\/2017\/04\/financing-and-guarantees-for-msmes\/agenda\/\" target=\"_blank\" rel=\"noopener\">\u00abRegional Meeting on Innovative Mechanisms for Financing and Guarantees for MSMEs in Latin America and the Caribbean\u201c<\/a><\/p>\n<p>Santo Domingo, Dominican Republic, April 19 \u2013 21, 2017<\/p>\n<p><strong>SESSION I. CARIBBEAN PANEL: STATUS OF FINANCING AND GUARANTEES FOR MSMEs IN CARIBBEAN COUNTRIES. RECOMENDATIONS BASED ON BEST PRACTICES<\/strong><\/p>\n<p><a href=\"\/es\/eventos\/2017\/04\/financiamiento-y-garantias-mipymes\/agenda\/\" target=\"_blank\" rel=\"noopener\"><strong>Challenges For MSMEs and Financing Instruments: Trinidad and Tobago<\/strong><\/a><\/p>\n<p>Presentation of Ms. Willa Guy-Straker Director, National Entrepreneurship Development Company Limited, Trinidad and Tobago.<\/p>\n<p><strong>Trinidad and Tobago Overview:<\/strong><\/p>\n<ul>\n<li>Population &#8211; 1.3 Million<\/li>\n<li>Gross Domestic Product US$23 Billion<\/li>\n<li>Per Capita GDP US$17,000<\/li>\n<li>Heavily dependent on oil and gas<\/li>\n<li>Urgent imperative for economic transformation and diversification\n<ul>\n<li>Lower oil and gas prices<\/li>\n<li>Lower oil and gas production<\/li>\n<li>Gov\u2019t revenue from US$8 Billion to US$6.3 Billion<\/li>\n<li>Revenue from oil and gas from US$2.86 to US$1 Billion<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>Challenges of Caribbean MSMEs<\/strong><\/p>\n<ul>\n<li>Improvement in management\/entrepreneurial skills<\/li>\n<li>Training, mentoring, accessible business support services<\/li>\n<li>Access to market opportunities<\/li>\n<li>Discrimination against smaller businesses, access to export opportunities (quality, limited capacity)<\/li>\n<li>Access to effective business environment<\/li>\n<li>Low ease of doing business ranking (96th out of 190)<\/li>\n<li>Access to Financing<\/li>\n<li>Limited access to appropriate financing<\/li>\n<li>Risk profile not acceptable to financiers \uf071Innovation not supported by appropriate financing<\/li>\n<\/ul>\n<p><a href=\"\/media\/2464099\/challenges-for-msmes-and-financing-instruments-trinidad-and-tobago.pdf\">Download the presentation here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Challenges For MSMEs and Financing Instruments: Trinidad and Tobago<\/p>\n","protected":false},"author":1,"featured_media":63506,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-64740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boletines-regionales"],"acf":[],"_links":{"self":[{"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/posts\/64740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/comments?post=64740"}],"version-history":[{"count":0,"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/posts\/64740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/media\/63506"}],"wp:attachment":[{"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/media?parent=64740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/categories?post=64740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rmtsolutions.net\/sela\/wp-json\/wp\/v2\/tags?post=64740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}