Request for Applications: For Grants, Loans, and Interest Subsidization Pilot Programme by UNDP

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The Entrepreneurial Development Programme (EDP), in collaboration with the Antigua and Barbuda Investment Authority (ABIA) and the United Nations Development Programme (UNDP), is pleased to invite Small and Medium-sized Enterprises (SMEs), Youth Entrepreneurs, and Female Business Owners to apply for participation in the Innovative Finance Pilot Programme.

This initiative aims to reduce borrowing costs and increase access to financing for local businesses by offering a combination of grants, loans, and interest subsidization support. The programme forms part of a broader effort to strengthen financial inclusion and promote sustainable business growth across Antigua and Barbuda.

Eligible applicants include:

  • Small and Medium Enterprises – existing businesses or start-ups that contribute to local employment and economic growth.
  • Youth Entrepreneurs – individuals between the ages of 18 and 35 with viable business ideas or active enterprises.
  • Female Entrepreneurs – women-led businesses seeking to expand or enhance their operations. All applicants must have a registered business in order to apply.

Approved participants will also receive free training and mentorship in the areas of financial literacy, business planning, and entrepreneurial development to further strengthen their business capacity.

Application forms can be collected from the EDP Office, located at the Sagicor Financial Centre, St. John’s.

Applications must be submitted with cover letter indicating UNDP Pilot Programme. The deadline for submissions is October 31, 2025.

Interested persons are encouraged to apply early and take advantage of this opportunity to grow and strengthen their businesses.

About the Partners

  • UNDP: Supporting sustainable development and inclusive growth in 170 countries and territories, including Antigua and Barbuda.
  • Entrepreneurial Development Programme (EDP): Providing access to financing for small entrepreneurs.
  • Antigua and Barbuda Investment Authority (ABIA): Facilitating investment and business development in Antigua and Barbuda.

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2 COMMENTS

  1. Now that the Prime Minister is paying attention, everyone suddenly wants to look like they’re performing. The truth is, the stewardship at ABIA has been ineffective for far too long. Garfield Joseph, it’s time to step aside.

    The Entrepreneurial Fund was created to support all small businesses, yet instead of stimulating growth and innovation, your leadership has stifled progress. The ABIA should be transparent and publish exactly how much has been awarded in loans and grants since the Fund’s inception.

    Enough of the talk. Garfield, your management has been poor, and your weekly, ChatGPT-scripted commentaries can exit right along with you.

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