Small Business

Welcome to the Invest Grand Bahama Small Business Bureau (IGBSBB)

Welcome to the Invest Grand Bahama Small Business Bureau!

If you’re thinking about starting a business or looking to grow an existing business… The Invest Grand Bahama Small Business Bureau (IGBSBB) CAN HELP! We are your complete business resource center, offering a one-stop-shop service to GBPA Licensees and aspiring entrepreneurs.

Invest Grand Bahama Small Business Bureau

About the Invest Grand Bahama Small Business Bureau

The Invest Grand Bahama Small Business Bureau (IGBSBB) was created in 2009 as part of GBPA’s Business Development Unit.

Our mission is to provide persons seeking to or currently operating a small business on Grand Bahama Island with a variety of resources to improve their prospects for successful, independent operation and to do so in conjunction with complimentary programs that exist in the community.

Since its inception, the IGBSBB has launched numerous initiatives to assist small business start-ups including:

  • Micro Business License  – Created for micro and livelihoods businesses
  • Business Diversity Waiver – Receive a 1st Year’s License Fee Waiver or Discount for new and innovative business ideas
  • Alternative Start-up Solutions:
    • GBPA’s Shared Space and Virtual Space Initiative  –  for virtual and co-working operations
    • Warehouse Storage Space – Designed specifically for technical service providers.
  • Licensee Referral Discount – Earn up to 50% off Licence Fee Discount with new customer referrals
OUr Services

We are dedicated to helping small businesses throughout the city of Freeport achieve their goals of growth, expansion and success.

Our goal is simple: educate, empower and expose SMEs to opportunities that help them build strong businesses and create employment, while growing and diversifying the Grand Bahama economy. Our services include:
Small Business Planning & Guidance on Funding

If you’re thinking about starting a business, we can help! We assist in guiding aspiring entrepreneurs with the basic elements of business planning. From product market fit, to understanding true customer segments, marketing channels and real competitive advantages. We provide guidance on funding options via local lending institutions, grant funding and access to capital via the Government’s SBDC Program. 

Business Concierge & Aftercare Program

From initial contact to the launch of your new venture and beyond, you can expect our support! Email or call us for information, guidance or to keep you abreast of ongoing training, education, and grant funding initiatives. Your success is our success; we are here to assist you every step of the way! 

Training & Education

Refresh old skills or develop new ones, during our FREE Small Business Seminars, Expos or Training events offered quarterly to keep our Licensees on trend with the global marketplace. Choose from an array of topics including Finance, Marketing, Business Strategy and many others. Join our email list or like our Facebook page @Empoweringlicencees, to receive up-to-date information on all upcoming events

Investment Promotion & Exposure Initiatives

Join us as we travel to promote the benefits of Freeport internationally. Use this opportunity to explore new business ideas, create new contacts, gain exposure and/or broaden your customer base. Join our email list or like our Facebook page @Empoweringlicencees, to receive up-to-date information on upcoming Investment Promotion & Exposure Initiatives.

Trade & Capacity Building Initiatives

Be local, think GLOBAL!  As a GBPA Licensee, you can enjoy access to FREE seminars and training events designed to help you take your business across the border. Join our email list or like our Facebook page @Empoweringlicencees, to receive up-to-date information on upcoming events, seminars and training!

Small Business Development Initiatives

Alternative Start-Up Solution

Starting a business, but don’t need a traditional office set-up? Lower your start-up cost with our Virtual, Registered, Shared and Warehouse Space Initiatives, designed to accommodate online businesses, Technical and Service based professionals. Call us today, to see if your business qualifies for this Alternative Start-Up Solution!

GBPA’s Grant Funding Initiatives

Do You have what it takes to enter the ARENA? Get the funding you need to start or grow the business you’re passionate about! Capital Arena is GBPA’s annual small business funding initiative, designed to help aspiring and existing entrepreneurs access capital to launch or grow their business ventures. Winning recipients can receive up to $15,000.00 in funding, in addition to Entrepreneurial Training provided by the University of The Bahamas, as well as business mentoring to enhance their prospects for success. Contact us for more information on this amazing initiative!

Micro Business License

The Micro-Business License is a business start-up initiative of The Grand Bahama Port Authority, Limited, designed as a low-cost start-up option for individuals looking to launch or test new business ideas. This initiative focuses on micro and small businesses within livelihood sectors, such as retail and vendor-related activities, micro fisheries and farming activities, as well as Agri-based businesses, which meet the Micro-License criteria.

GBPA’s Business Diversity Waiver

Do you have a unique or innovative business idea; let us help you get it started! GBPA is rewarding entrepreneurs ‘who dare to be different’ with our Business Diversity Waiver, which grants a one year’s license fee discount, for new businesses! Call or visit us today to find out if your business idea qualifies

Promotional & Marketing Support Initiatives

Whether you’re starting a new business or growing an existing one, GBPA has got you covered! Ask about our Business Support Initiatives, designed to empower and promote YOU and your business as a GBPA Licensee!
Business of The Week

Promote your business for FREE with our ‘Business of The Week’ segment, aired every Thursday on ZNS during the evening news hour. In partnership with ZNS, we’ll arrange and shoot a 60-second commercial, shot at your place of business to feature your brand, products, and services. Once completed you’re able to use this footage for social media, TV and other mediums to promote your business.

BUY Local, SHOP at HOME

Is your business offering special discounts or sales for holiday shopping? Take advantage of our BUY Local, SHOP at HOME seasonal promotions designed to encourage residents to shop at HOME all year round. Share your information and we’ll help you promote your sales for Free! 

Focus Forward
Focus Forward

Why not give your business or event FREE added exposure and gain new customers, or connect with existing ones? Join us on Focus Forward, GBPAs weekly live Facebook, Radio and Television show. We keep our audiences on the pulse with current business news, GBPA initiatives and local events or promotions. Each week ‘The Grill’ sizzles with hot topics from around town. Let us promote your business to thousands of viewers and listeners weekly.

My Grand Bahama App
My Grand Bahama Campaign & Customer Service App

Residents are invited to shop, dine, and share their customer service experiences on the new My Grand Bahama App.  If you want to know what your businesses’ service experience is like, encourage your customers to use the app.  Our My Grand Bahama Team will then privately share unfiltered customer ratings with you.  We look forward to hearing about customer experiences around our island, so download the My Grand Bahama App today!

Download on the Google Play Store
Download on the Apple App Store

The Benefits of your GBPA License

There are many advantages to becoming a GBPA Licensee. As a Licensee, services and training initiatives offered by the IGBSBB are at no cost to you
Other benefits include:

Bonded & VAT Free Concessions

Free Marketing & Promotional Support

Funding & Business Training

Our Value

Our Value Proposition is CLEAR

GBPA offers the best value for MSMEs

The fastest and easiest Business Licensing Process in the country (48-hour approvals for Bahamians)
The most extensive value-added group of benefits for businesses in The Bahamas
Simplest process for conducting business in a duty-free manner anywhere in The Bahamas.
Best Opportunities to Promote Your Business via multiple platforms
The most trending and innovative training and support for micro and small businesses
Voted the #1 Free Trade Zone for SMEs in the Caribbean and Latin American

Contact Us

Derek Newbold

Chief Investment Officer

Pioneers Way & East Mall Drive
P.O. Box F-42666 
Freeport, Bahamas

Lashawn Dames

LaShawn Dames

Business Services Manager

Pioneers Way & East Mall Drive
P.O. Box F-42666 
Freeport, Bahamas

Shamine Johnson

Shamine Johnson

Business Development
Officer

Pioneers Way & East Mall Drive
P.O. Box F-42666 
Freeport, Bahamas

Trevor Simmons

Trevor Simmons Jr.

Business Development & Marketing Officer

Pioneers Way & East Mall Drive
P.O. Box F-42666 
Freeport, Bahamas

Contact Us