{"id":225734,"date":"2025-02-17T05:15:00","date_gmt":"2025-02-17T09:15:00","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=225734"},"modified":"2025-02-16T13:57:51","modified_gmt":"2025-02-16T17:57:51","slug":"global-ports-ceo-reaffirms-support-for-local-entrepreneurs-in-antigua","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/global-ports-ceo-reaffirms-support-for-local-entrepreneurs-in-antigua\/","title":{"rendered":"Global Ports CEO Reaffirms Support for Local Entrepreneurs in Antigua"},"content":{"rendered":"
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Global Ports CEO Reaffirms Support for Local Entrepreneurs in Antigua<\/strong><\/h3>\n\n\n\n

The head of Global Ports has restated the company\u2019s commitment to funding local business development in Antigua and Barbuda.<\/p>

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During a recent groundbreaking ceremony, the company\u2019s CEO confirmed that financial contributions to the Entrepreneurial Development Fund (EDF) will continue, supporting small businesses and startups.<\/p>\n\n\n\n

\u201cHe has agreed that he will be making a few hundred thousand dollars available every year to the fund,\u201d Prime Minister Gaston Browne said. \u201cThis was a prior agreement, and I noticed no one was saying anything about it, but he has now recommitted to that pledge.\u201d<\/p>

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Browne added that the partnership will also focus on expanding investment opportunities beyond the initial funding. \u201cHe has also committed to working with us to attract additional facilities,\u201d he said.<\/p>

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The Entrepreneurial Development Fund was established to provide financial support to local businesses, helping them grow and contribute to the country\u2019s economy.<\/p>\n\n\n\n

Discussions surrounding Global Ports\u2019 role in Antigua\u2019s economic development have been ongoing, with the government ensuring that commitments made under previous agreements are upheld.<\/p>

\"\"<\/a><\/div>\n\n\n\n

While it remains unclear whether this financial contribution was formally included in the contract, Browne said the CEO\u2019s renewed commitment reinforces the company\u2019s role in supporting local enterprises.<\/p>\n\n\n\n

The government is also seeking to enhance the tourism industry by developing infrastructure that caters to high-end visitors. Browne said plans include improving facilities for mega yachts and increasing the number of luxury retail spaces.<\/p>

\"\"<\/a><\/div>\n\n\n\n

\u201cThese visitors are looking for premium brands,\u201d he said. \u201cWe need to create the environment that encourages them to spend more when they visit Antigua and Barbuda.\u201d<\/p>

\"\"<\/a><\/div>\n\n\n\n

The government and Global Ports are expected to continue working together to boost investment and provide more opportunities for local entrepreneurs.<\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

Global Ports CEO Reaffirms Support for Local Entrepreneurs in Antigua The head of Global Ports has restated the company\u2019s commitment to funding local business development in Antigua and Barbuda. During a recent groundbreaking ceremony, the company\u2019s CEO confirmed that financial contributions to the Entrepreneurial Development Fund (EDF) will continue, supporting small businesses and startups. \u201cHe […]<\/p>\n","protected":false},"author":3,"featured_media":225735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-225734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nGlobal Ports Antigua Reaffirms Business Support - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Global Ports Antigua reaffirms its commitment to local business growth, pledging financial support for the Entrepreneurial Development Fund.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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