The United Nations Development Programme (UNDP) and the Prime Minister’s Entrepreneurship Development Programme (EDP) have partnered to empower the heartbeat of the nation’s economy: Micro, Small, and Medium Enterprises (MSMEs).
Through an essential initiative under the Joint Sustainable Development Goals (SDGs) Multi-Partner Trust Fund, the collaboration seeks to close critical financial gaps and champion the voices of women and youth entrepreneurs in traditionally underserved communities. In a critical step toward reshaping the economic landscape of Antigua and Barbuda
Titled “Optimizing Innovative Finance for Underserved Groups to Build Resilience and Accelerate the Achievement of the SDGs,” the project addresses one of the most pressing challenges MSMEs face—limited access to capital. This issue is particularly acute for Small Island Developing States like Antigua and Barbuda, where systemic barriers continue to block women and youth from securing the funding needed to start, sustain, or grow their businesses.
In interactive focus groups, EDP and UNDP invited key stakeholders, aspiring entrepreneurs, and policy leaders to unite in dialogue and action.
Earlier this month, participants gathered at the Trade Winds Hotel under the theme: “Reducing the Risks Associated with Financing MSMEs.” The event spotlighted strategic pathways to reduce risks and unlock new financial models that include and uplift marginalized voices.
Subsequently, the movement continued at the John E. St. Luce Conference Center, where the focus shifted to “Empowering MSMEs: Fostering Growth for Women and Youth.” The EDP proudly served as a Partnering Host and Expert Panelist, offering critical insight and inspiration from years of championing innovation and entrepreneurship across the twin-island state.
“This initiative is not just a policy discussion—it’s a promise,” said EDP Board Director Caleb Gardiner. “A promise to ensure no entrepreneur is left behind because of gender, age, geography, or economic circumstance. Our partnership with UNDP proves that transformation becomes inevitable when we combine vision with action.”
The movement extended to Barbuda, where the UNDP and EDP met with the Barbuda Council to explore localized financial empowerment strategies. Community consultations were held with existing entrepreneurs and ambitious young women eager to launch their ventures, ensuring the project reflects lived realities and real needs on the ground.
This multi-agency effort—supported by the UNDP, UN Women Caribbean, and the International Telecommunication Union (ITU)—underscores a collective commitment to gender equality, inclusive economic growth, and technological innovation, all aligned with the United Nations Sustainable Development Goals (SDGs).
