More grants to spark student entrepreneurs

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DPI, Guyana, Thursday, May 31, 2018

A Small Business Bureau (SBB) pilot programme offering grants of $30,000 to student entrepreneurs is to be expanded.

SBB’s Chief Executive Officer, Dr. Lowell Porter told the media this morning that following the success of the In-School Entrepreneurship grant pilot programme, another 150 students will soon gain access to funding.  In 2017, the bureau distributed grants to 13 schools countrywide, benefitting a total of 100 students in Grades Ten and Eleven. He added that the amount of the grant would not increase: “At this time we think $30,000 has been working well. But we will increase the number of schools we are going out to.”

“We will always do this as long as we are funded. We believe there is great benefit. If you can start from the school level and be successful you can be great outside. We have had great stories coming out from Port Mourant, Bartica and Aishalton. We would like to fund that creativity and continue doing so.”

Porter said the bureau will now be re-evaluating the programme and making adjustments for its continuation in June.

By: Crystal Stoll

Photo: Shane Clement.