SBDC Small Business Development Centre Belize

The Small Business Development Centre Belize (SBDCBelize) is a unit of the Belize Trade and Investment Development Service (BELTRAIDE), which provides customized needs-based services to MSMEs with the aim of facilitating their competitiveness and export readiness.

Our Vision:

To be Belize’s leading small business support organization by providing business advisory services, technical assistance, and fostering entrepreneurship.

Our Mission:

To create economic prosperity through entrepreneurial development, business innovation, and competitiveness.

Our Core Values:

1. Entrepreneurship: Promoting new business in Belize by encouraging creativity, fostering strategic risk-taking and enhancing ability to succeed.

2. Excellence: Exceeding stakeholder expectations by achieving results, demonstrating leadership, leveraging our resources and expertise.

3. Integrity: Building our reputation by being accountable, credible, ethical, and respectful.

4. Innovation: Fostering a culture of creativity by embracing dynamism and continuous learning.

5. Customer Service: Delivering results and fostering diversity by being responsive, adding value and providing solutions.

6. Collaboration: Building lasting partnership by promoting information exchange between stakeholders, fostering networking and encouraging teamwork.

Advisory services

 SBDCBelize provides one-on-one, needs-based services. All advisory services are free of cost and may include but are not limited to:

  • Business Plan Development
  • Financial advise
  • Financing options
  • Marketing & Sales
  • Loan Application assistance
  • How to export (logistics)
  • Feasibility Studies

 

SBDCBelize Training and Capacity Building

One of the SBDCBelize’s core services is our trainings/workshops which cover an array of topics aimed at facilitating the formalization of the operations of small businesses throughout Belize.

Training topics include:

  • Starting a Business in Belize – aimed at equipping individuals with the skills and knowledge needed to establish a formal business in Belize
  • Business Plan Development (Narrative) –educates individuals about the importance of a business plan in establishing as well as operating a business while enabling them to effectively write a business plan.
  • Marketing & Sales – aimed at equipping participants with the skills and knowledge necessary to develop an effective brand and develop labels and packaging that attracts customers and therefore improve sales of their products/services and or while ensuring profitability
  • Costing & Pricing –equips participants with knowledge, skills, and capabilities necessary to determine all costs related to the production of their goods or services and to consequently apply an adequate price that encompasses all the costs and allows them to make a profit while still being feasible for customers.
  • Basic Bookkeeping –educates participants on how to keep financial records of their activities while enabling them to use that information to make better decisions/ increase profits for their business. 
  • Financial Statement Analysis –enables participants to identify, prepare and use the four basic financial statements to tell the status of their business.

Trainings/workshops are developed and modified based on feedback from the actual Micro, Small and Medium Sized enterprises.  A needs-analysis survey is developed and analysed with the purpose of developing and effective and needs-based yearly training program.

 

Contact Information:
University of Belize
Faculty of Business Management & Social Services
College Street, West Landivar
Belize City, Belize
Tel: (501) 223-3195
Fax: (501) 223-7427
Email: sbdc@belizeinvest.org.bz
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