Departments & Agencies

Departments & Agencies
Thursday, November 20, 2008
BUSINESS DEVELOPMENT UNIT

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THE BUSINESS DEVELOPMENT UNIT

The Business Development Unit (BDU) was established in 1996 and is staffed by the following professionals:

  • a Chief Business Development Adviser,
  • a Senior Business Development Officer, and
  • a Business Development Officer.

Functions

The functions of the BDU include the following:

  • Develop a legislative framework for small and medium sized enterprises;
  • Undertake and organise projects aimed at providing international SME competitiveness in order to enable small businesses to develop coping mechanisms to deal with globalisation;
  • Organize education and training sessions; and
  • Design and implement policies, strategies and plans for business development.

 

Legislation

The Business Development Unit is charged with the responsibility of administering the following legislation:

  • The Small Business Development Act, 1999-23, which seeks to facilitate the growth and sustainability of the small business sector in Barbados.
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