IPED budgets half a billion to support new agriculture, youth, creative industries

Guests at IPED’s anniversary dinner, which was held last Friday at the Pegasus Hotel.

Seeking to pioneer new ground in the development of the small business sector, the Institute of Private Enterprise Development Limited (IPED) has set aside half a billion to support non-traditional agriculture, ventures by persons under 30 and the creative industries over the next two years.

“It is IPED’s determination to continue to forge ahead in pioneering new ground and developing small businesses to fulfil their potential. I am, therefore pleased to announce that IPED has set aside $50 million to provide support to the creative industries, $300 million for the support of non-traditional agriculture and $150 million for the support of business ideas and ventures of young persons below the age of 30,” CEO of IPED Ramesh Persaud said on Friday,