The Bahamas Development Bank (BDB) is proud to be the National Coordinating Authority for the Joint SDG Fund Project in The Bahamas. BDB collaborates with four United Nations (UN) agencies: UN Women, United Nations Educational, Scientific and Cultural Organization (UNESCO), United Nations Development Programme (UNDP), and the Food and Agriculture Organization (FAO). Its goal is to identify and support businesses with potential for future growth and international funding opportunities. This initiative is the first successful application from The Bahamas to the Fund and serves as a pilot for the region.
Are you ready to take your business to the next level? The Bahamas Development Bank (BDB) is here to support your growth with a range of exciting financing options designed to meet your unique needs.
They are excited to announce their latest financing program, the Sustainable Development Goals (SDG) Concessional Loan Fund. BDB is committed to supporting businesses in the agriculture, tourism, and creative sectors- particularly those owned, led, or benefiting women, youth (18-35), and persons with disabilities. With interest rates as low as 0-2%, this is your chance to secure the funding you need to grow.
Whether you need a microloan to invest in essential equipment, are interested in bidding on prime properties across The Bahamas, or are considering financing an electric vehicle to enhance your operations, BDB has you covered. Explore their Microlending, Asset Listings, and Green Lending opportunities today!
Who is this program’s ideal client?
This program targets businesses that are owned, led, or of benefit to women, youth, or persons with disabilities; operate in the tourism, agriculture, or creative industries, and have potential for significant growth and scalability.
What makes this program different?
- Concessional Financing: Access loans with interest rates between 0-2% for the first two years
- Small Funding Support: Designed for businesses needing up to $100,000 or more to grow.
- Scalability Focus: Encourages initial steps into commercial debt with an eye on future upscaling.
Note: Financing beyond the two-year period or exceeding $100,000 will be subject to standard BDB interest rates.
Apply by 13 September 2024.
For more details or assistance, contact BDB’s support team at info@bdb.gov.bs.
