THE British Chamber of Commerce Guyana (BritCham Guyana) met with representatives from the Inter-American Development Bank (IDB) Group to explore avenues for collaboration that will support innovation, sustainability, and economic resilience in Guyana and across the region.

Discussions between the entities were centred around IDB Invest’s and IDB Lab’s strategic investment and capacity-building tools tailored for Guyana’s evolving private sector.

According to BritCham, key areas of focus included Innovation and Ecosystem Development (IDB Lab), Private Sector Financing (IDB Invest), Capacity Building & Governance and Upcoming Calls for Proposals, including the Amazonia Forever and Compete Caribbean initiatives aimed at sustainable development and entrepreneurship.

Representing BritCham at the recent engagement were its Chairman Faizal Khan, Senior Business Development Executive Debbie Persaud, and Business Development Executive Trisha Heeralall. They were joined by Dexter Phillips, CEO of Nations Inc., and Allan Newark, Country Manager of Kestrel Guyana.

From the IDB Group, representatives included Lorena Solórzano Salazar, Country Representative; Mark Christopher Peters, Investment Management Officer; Maria Niles, Private Sector Development Consultant; Jared Kissoon, IDB Consultant and Travis Mitchell, PhD, Country Economics Specialist.

It was stated that Nations Inc. and Kestrel Guyana shared their growth plans and interest in engaging with IDB funding mechanisms and highlighted the practical opportunities for BritCham members.

BritCham revealed that it will also play a key role in circulating open proposal calls, and helping members access IDB’s training and funding programmes.

The Chamber said it looks forward to continued collaboration with the IDB Group to attract UK investment in impactful initiatives and support Guyana’s private sector in reaching its full potential.
BritCham is a professional business support organisation that works to protect, promote and encourage trade and commerce between Guyana and the United Kingdom (UK), with the aim to improve the quality of business opportunities across the two countries.

Launched in 2023, BritCham is keen on governance, building understanding, focusing on its members, advocating to Governments, connecting members, and promoting Guyana and the UK.