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). Our 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.
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.
For more details or assistance, contact our support team at info@bdb.gov.bs. We’re here to help!
