Small Business Bureau still on hold

Small Business Bureau CEO Derrick Cummings

While government is yet to provide a date for the launch of the Small Business Bureau (SBB), Chief Executive Officer of the state-run small business support organisation Derrick Cummings has told Stabroek Business that the startup of what is being promoted as the most significant official gesture to support small business development in Guyana is now “imminent”.

Questions persist, however, as to just how much longer the launch of the Bureau will be delayed, the country having had to wait at least eight years after the passage of the Small Business Act for the setting up of the Bureau and its oversight body, the Small Business Council. Cummings declined to comment on reports that the launch of the Bureau had become caught up in official bureaucracy pointing out instead that a critical condition for the full and effective functioning of the SBB, “the signing