What is the Access Accelerator Standalone Grant Programme?
The Access Accelerator (A2) aims to guide the development, funding, growth, and evolution of Micro, Small and Medium-sized Enterprises (MSMEs) in The Bahamas. By equipping and empowering MSMEs with the resources necessary to succeed. The government has committed to providing the A2 with $500,000 in funding to provide MSMEs within the Bahamas with grant funding.
If I'm already signed up for the regular Access Accelerator Programme, am I able to apply for the Standalone Grant?
If you are a client signed up for the regular Access Accelerator Programme and have not yet received funding, you can apply for the standalone grants and still continue with the regular programme. Please note, however, that if you are awarded ...
Is the Standalone Grant Funding guaranteed?
The grants are based on the amount of available funds provided per round of the programme. We received requests far in excess of our available funds. Selecting grant recipients from an outstanding group of applicants means that everyone who applied ...
What is the flagship Access Accelerator Programme?
The flagship programme of Access Accelerator offers startup and existing businesses, on all islands of The Bahamas, access to grant, loan and equity funding. The Government of The Bahamas allotted $25 million for a period of 5 years ($5 million per ...
If I currently have a loan, can I apply for this Standalone Grant Programme?
Yes, you can still apply for this programme, however, the loan could not have been a part of funding through the Access Accelerator.
Who is eligible to apply for the Standalone Grant Programme?
Eligible start-up or existing businesses that apply through A2; majority Bahamian-owned businesses; gross annual revenues less than $5M; fewer than 50 employees; a valid business license from the Department of Inland Revenue (DIR); have not been ...