BELMOPAN, Belize, Apr 1, CMC – Belize has launched a project aimed at empowering 250 female entrepreneurs by offering incubation, acceleration, mentorship, and financial support to Micro, Small, and Medium Enterprises (MSME).
The Catalyze Her Potential: Fueling Female Entrepreneurship Project is being undertaken by the NIME Belize Inc., in collaboration with the Inter-American Development Bank (IDB Lab).
They said the Catalyze Her Potential project will foster economic growth in Belize by supporting and accelerating female-led MSMEs by addressing key challenges faced by female entrepreneurs, such as access to finance, business support, and creating an innovation ecosystem to unlock the private sector’s potential.
The project is comprised of three components namely capacity building via a learning management system (LMS); networking programmes to increase mentoring opportunities via LMS and events for members to exchange knowledge and tap into synergies nationally, regionally and internationally and a pilot a seed capital component for women entrepreneurs as a microfinancing institution.
The IDB is providing US$400,000 with counterpart funding from NIME to the tune of US$127, 400 and other stakeholders up to US$272,600.
CMC/2026
