By Demion McTair. Updated 1:19 p.m., Tuesday, May 19, 2020, Atlantic Standard Time (GMT-4).
Kingstown, St. Vincent (ONE NEWS SVG) – Some eighty (80) Vincentians received grants ranging from EC$2,500 to EC$40,000 from the Government of St. Vincent and the Grenadines through the Promoting Youth Micro-Enterprises (PRYME) program.
They are the first recipients of grants from PRYME, which is geared towards 18 to 40 year-old, and PRYME Plus, for those over 40-years.
The disbursement today (May 19), sees the disbursement of over EC$600,000 in grants.
The majority of the successful applicants are those operating within the Agriculture / Agro processing, food preparation and beauty / grooming industries, Invest SVG posted on Facebook today.
The overall fund for the program is approximately $4.85 million. The fund will be available for one calendar year, so Vincentians are being urged to still continue to apply.
DECODING THE BENEFICIARIES
Finance Minister, Camillio Gonsalves posted on Facebook yesterday (May 18), describing the first recipients of the PRYME grants.
He stated that the first recipients “are from over 50 villages from Sandy Bay to Friendship, Bequia”.
“They are landscapers, block makers, farmers, caterers, entertainers, bakers, popsicle-makers, shopkeepers, mechanics, agro processors, auto detailers, educators, computer programmers, customs brokers, veterinarians, pest controllers, musicians, accountants, manufacturers, designers, and so much more” – Gonsalves added.
PRYME and PRYME Plus programmes are spearheaded by the Ministry of Finance, Economic Planning, Sustainable Development and Information Technology.
Interested persons can apply here
The list of the first recipients: