Digital Innovation to Boost Economic Development in Belize
This project fosters digitalization of firms and government services in order to promote growth and increase efficiency in Belize’s economy. Digitalalization improves the business and innovation climate for MSMEs, stimulating competitiveness, economic diversification and growth.
The European Union's contribution that complements an IDB loan focuses on stimulating private sector investment in digital and green transformation and supporting gender specific projects. This technical assistance promotes firms’ growth and efficiency through increased adoption of digital solutions, especially for women led firms, and reduces costs for citizens through the digitalization of civil registration services.
The projects aims to achieve the following results:
- approximately 250 micro-small firms, 8 medium-firms and 2 large firms, especially women-led, in Belize will benefit from digital technologies and digital talent that improve business processes and operations;
- at least 20 individuals, of which 10 will be women, will benefit from vouchers to attend digital skills bootcamps;
- at least three entrepreneurs and/or start-up firms will be incubated and benefit from innovative digital solutions, including solutions to tackle climate change.
