OWN is an initiative focused on offering entrepreneurial opportunities for persons who have new and exciting ideas within existing or new industries. These individuals display the desire and motivation to own, manage and operate a start-up, but may lack the support and capital to fund the business themselves. Our main goal is to assist such Bahamians with the financial support, mentorship, and business know-how while helping to remove other barriers that may prevent small start-up businesses from succeeding.
The OWN Program and Grant Fund was created to promote economic development, and was designed to support the acceleration of the Bahamian economy.
Funding will be provided for the (2) selected recipients in the amount of $25,000.00 to start their business.
In addition (8) persons will also be chosen and given a smaller grant in the amount of $5,000.00 to $10,000.00 to assist with starting their business.