What are the eligible purchases for the Royal Caribbean Programme?
Under the Royal Caribbean Programme, applications will be approved to cover business costs related to:
- Inventory
- Supplies
- Packaging
- Uniforms
- Marketing (including branding and advertising)
- Public Liability Insurance Coverage
- Permits and Licenses
- Accounting Software
- Training
- Equipment
- Leasehold Improvements
- Vehicles (including registration and insurance)
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What is the Royal Caribbean Programme?
The Access Accelerator has partnered with Royal Caribbean Group to provide funding and training opportunities for micro, small and medium-sized enterprises (MSMEs) in the tourism sector. This programme is open for entrepreneurs on New Providence, ...
Who is reviewing Royal Caribbean Programme applications?
Applications that pass the initial screening process will be forwarded to the Royal Caribbean Programme Committee ("Committee") comprising of representatives from Access Accelerator, Bahamas Agriculture and Industrial Corporation; Bahamas Chamber of ...
How much funding is available for the Royal Caribbean Programme?
Royal Caribbean Group established a $250,000 fund to be matched by the Government of The Bahamas through its matching grant programme. Access Accelerator will offer 3% interest loans with repayment term of 5 years to qualified applicants. The ...
Who is eligible to apply for the Royal Caribbean Programme?
Eligible existing businesses that apply through A2 with the following criteria: Must offer products and services for domestic and foreign tourists; Including but not limited to: Accommodations Tour Experiences Taxi Services Vehicle Rentals ...
What is the Funding Structure of the Royal Caribbean Programme?
Existing small businesses can apply for up to $15,000 in combined grants and loans based on their size and annual sales. The funding structure is 50% grant and 50% loan to be paid over a term of 5 years. The budget for this programme is $500,000 and ...