Small business owners and start-up entrepreneurs in the Cayman Islands have a new interest group with the establishment of the Cayman Islands Small Business Association.
The coalition was formed by a small group of business owners as an independent non-profit organisation.
CISBA’s primary goal is to advocate policies that are beneficial to small businesses in the Cayman Islands and to support and promote entrepreneurial spirit.
The organisation’s objectives are specifically to influence the development of the small business community through open dialogue, the sharing of knowledge and the establishment of mutually beneficial relationships, CISBA said in a press statement.
In addition the organisation intends to work closely with government to influence policies that ensure the continued growth of small businesses.
CISBA seeks to be the voice for a continually expanding network of small business owners and support entrepreneurs in the establishment and operation of their businesses.
The organisation aims further to create a funding scheme to ensure continued small business development in the Cayman Islands.
It will educate the public to ensure a full understanding of the benefits of micro and small businesses for the future of the Cayman Islands. An important task in this context is to motivate and stimulate young Caymanians to become entrepreneurs.
The idea to form a small business association has been discussed for some time, according to Rhonda Kelly who spearheaded the campaign to form CISBA.
However, it was the economic crisis that served ultimately as the catalyst for the formation of the association.
‘The entire country has been affected by the recession but even more so the small business owners, so this is a perfect time for us to come together to help each other and small businesses throughout Cayman,’ said Ms Kelly, who is also the CEO of Kelly Holding Ltd.
The Cayman Islands Investment Bureau has partnered with CISBA to provide guidance in the setting up of the organisation, which is open to any small Caymanian-owned businesses of up to 10 employees.
The Association nominated its executive board to include President Rhonda Kelly, Vice President Joel Scott of Cyber Joe’s, treasurer Madhavi Mathura of Accounting & Enterprise Solutions, Director for PR & Communications Debbie Hand of Wigglypen Creative Services and Director for Memberships Sandra Lichtenstein of Signature Events. The association is still to fill the position of Secretary.
Any small business owner or entrepreneur who is interested in joining CISBA can contact Rhonda Kelly on 946.8822 or by email at [email protected] for more information.