7 News Belize

Gettin An Angel To Invest
posted (December 5, 2018)
"Angel Investment": it is a form of funding where a wealthy investor provides capital for a worthy business start-up. And today at Beltraide's National Angel Investment Workshop, it was all about spreading awareness about how it works and its benefits to entrepreneurs. Here's more.

Wendy Hernandez, Project Officer, Beltraide
"The Angel Investment workshop is being hosted by Beltraide in conjunction with the European Union and the Regional Center for the Promotion of Small and Micro Medium Businesses in the SICA region. What we are trying to do here is we are trying to create and ideal entrepreneurship ecosystem that promotes entrepreneurship in a more comprehensive manner and so we are trying to do this through one of the main pillars which is financing and we have garner here different stakeholders from the national entrepreneurship ecosystem to give them awareness of the different financial options that are there for new lead startups. We have participation from DFC, from academia like Galen University, the economic desk development from the city council from both Belize City and Belmopan and what are trying to do is to create awareness. These people work with entrepreneurs. So we want them to know this is a type of financing that is available out there and you should let your entrepreneurs who you work with know that this is an option available so that if they don't have the capital which is one of the main challenges that small business have in Belize, they can say okay you know what this could be a way forward."

It was a one day event.

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