Business

BNE launches fund to assist Belizean entrepreneurs

By Alexis R. Milan Staff Reporter
The Belize Natural Energy (BNE) Charitable Trust launched the first phase of an Empowerment Fund aimed at providing Belizean entrepreneurs the opportunity to finance viable business plans.
The first phase of the Empowerment Fund is being rolled out through La Inmaculada Credit Union Limited with a capital of $750,000 and will be implemented out of the credit union’s Orange Walk and Belmopan offices.
The program was launched officially at La Inmaculada Credit Union headquarters in Orange Walk Town on Tuesday, where a Memorandum of Understanding (MOU) was signed.
The BNE Trust and La Inmaculada share the goal of empowering and uplifting Belizean people and communities through development and increased economic activity.
The BNE Charitable Trust is a partnership between the government of Belize and BNE signed in 2008 to empower Belizean communities through educational grants, capacity building projects and initiatives that support the social environment.

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