IDB announces US$5M small business grant from Norway funds

The Inter-American Development Bank (IDB) yesterday announced a long-anticipated US$5 million grant from the Guyana REDD+ Investment Fund (GRIF) Trust Fund to finance a small business project.

According to a release from the IDB, the project will target micro and small enterprises and the Amerindian community, which include individuals and groups without access to credit as well as those lacking appropriate business and technical training who have been affected by the restructuring of sectors such as mining and forestry.  During the three-year life of the programme,