Small Business
Fish market reopens at cruise terminal
(CNS) The local fish market has reopened following its closure as a result of the COVID-19 lockdown. However, the market has moved to the cruise port south terminal on Harbour Drive, just a short walk from its usual home on North Church Street. The move will make it easier to enforce the social distancing protocols […]
Over 200 small businesses applied for grants
(CNS): Giving an update on efforts by the Cayman Islands Business Development Centre to help local businesses get through current challenges, Commerce Minister Joey said last week that, as of Wednesday afternoon, 13 May, they had received 219 applications under the grants programme, which is designed for small and micro businesses to help them convert […]
$9M in grants and $5M in loans for small business
(CNS): Commerce Minister Joey Hew has announced a low interest loan programme for 100% Caymanian-owned micro and small businesses and a grants initiative for local businesses that could survive the immediate post COVID-19 economy. At Monday’s press briefing Hew outlined the first measures in a stimulus package that government plans to implement once the curfew […]
Ten unnamed small businesses get public cash
(CNS): The Cayman Islands Small Business Association has handed out ten grants to local micro and small commercial operations of up to $5,000 as part of its partnership with government. The businesses involved have not been identified, though a spokesperson for the CISBA said that four of them are start-ups, five existing operations that are […]
Planning issues stop notice on pop-up beach business
(CNS): The Department of Planning has issued a stop notice at the recent pop-up beach equipment rental business on Boggy Sand in West Bay. The emergence last week of a collection of bright yellow sun loungers and umbrellas on a strip of beach at the junction of Mary Hyde Road and Boggy Sand Road, as […]
Inflation fuelling minimum wage challenge, says MLA
(CNS): The MLA for George Town Central, Kenneth Bryan, has finally received a written response from government to a parliamentary question he submitted at the beginning of the year; it said that the minimum wage will be under review by the end of this month. But the independent member said inflation and the high cost […]
Ministry cuts red tape for T&B applications
(CNS): As part of a raft of changes to trade and business licence applications being introduced to make the process less onerous, government has removed the requirement for small businesses to submit proof of health insurance to qualify for the T&B incentive grant. This was designed to encourage small businesses to provide the mandatory health […]
