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$1 million food security grant launched | Bahamas Daily

Broadcast United News Desk

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Destiny Johnson
Journal Contributor

Department of Agriculture and Marine Resources and Small Business
Development Centre (SBDC), the Bahamas Agro-Industries Corporation (BAIC) and
The Bahamas Agricultural and Marine Sciences Institute (BAMSI) will provide a $1 million grant to
Start-ups and existing businesses in the agriculture and fisheries sectors.
SBDC Executive Director Samantha Rolle said the funding is part of food security.
Initiative and Sustainable Food Growth Grants to Revitalize the Bahamas
Entrepreneurship pattern.
“So this is our second year working with the Department of Agriculture and Marine Resources
In doing so, they also made a financial contribution. So, they provided $1 million
budget for food security programs. As part of this program,
We have incorporated the Sustainable Food Growth Grant, so of course we launched that grant last year,
“This is the first launch of this funding program,” Ms. Rolle said.
“We’re going to do the same thing this year. But we’re going to expand the scope.
The focus is on fishermen. So about 60% is fishing and 40% is agriculture.
Right? Each winner will receive $40,000 in funding, with a budget of $1 million, and our focus is
It’s definitely food safety.”
Currently, the country spends more than $1 billion a year importing more than 90% of the food we eat
Enter the county.
Agriculture and Marine Resources Minister Jomo Campbell said:
partnerships and further details on how the Food Hub project will be incorporated into
initiative.
“I hope that those who receive the funding will use it to
and serve as a shining example of what can be achieved when governments truly work together.
Together with the people, we will promote the further development of the country. Now, we cannot ignore the fact that the food center
The project is equally important, it will be an emerging event for the census and patrons, while
Creating a platform for farmers, fishermen and chefs to come together and showcase their produce and
skills while building stronger connections with the community,” Minister Campbell said.
“A good example is what was shared with us in the video. Up to 40 suppliers will
Selected to participate. Our country has a rich cultural heritage centered around gastronomy.
So I am very excited to see this cooking show where the chefs will show their creativity and
Expertise in using local ingredients.”

Ms. Rowe said that in addition to the funds, recipients will also receive a number of
Other benefits.
“The training program provides entrepreneurs in agriculture, fisheries and supporting industries
Sustainable business practices and building an ecosystem among these entrepreneurs
Each island. Business opportunities, hosting food centers, providing markets for farmers and fishermen
And prepare to display them on our e-commerce platform to build long-term customers
Our cooking demonstrations pair farmers and fishermen with renowned chefs.
Create dishes that showcase the versatility and creativity of locally caught and produced ingredients
We welcome small and medium-sized enterprises that contribute to food security to apply for our funding
Grants up to $40,000 or loans for a variety of needs,” she said.
To apply for a Sustainable Food Grant and learn more about the Food Security Initiative,
The SBDC can be reached by calling 461-sbdc or visiting www.Accessaccelerator.org.

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