The mission of the Government of The Bahamas is to improve the quality of life for all the Bahamian people through the creation of a stable, fully employed society in which every Bahamian who is willing and able will become economically empowered.
A vibrant small business sector can be the basis of a fully employed Bahamas.
Properly operated small business enterprises by independent entrepreneurs can provide a needed goods and services in the economy and in that spirit, the Bahamas Government, through the Bahamas Agricultural & Industrial Corporation (BAIC), continues its strategies and policies to expand the Bahamian economy with emphasis on the domestic enterprise sector and Bahamian entrepreneurship.
BAIC is a one-stop-shop agency, ready to assist small business persons with business plans, research, sourcing funding, business advice/counseling, implementation and follow-up. As an encouragement for the development of business in the Family Islands, start-up capital through small business window loans from The Bahamas Development Bank (BDB), The Bahamas Entrepreneurial Venture Fund, and the grant of Crown Land are available to Bahamians.