Small and Mid-Size Business Potential to Stimulate Haitian Economy

Pan American Development Foundation (PADF) and Haitian Hometown Association Resource Group (HHTARG) are presenting a forum, "Investing in Haitian Progress", at a total of nine cities in America, Canada, the Dominican Republic, and New York City, its first stop. The United States Agency for International Development (USAID) is funding the project, offering small and medium enterprise (SME) businesses matching grants from $50,000 to $200,000 for innovative business plans. The goal is to support development of SMEs to increase employment in Haiti.


Speakers at the forum will talk about private investment in Haiti, potential stakeholders, finance, program administrators, and investment bodies like Inter-American Bank that partner with the government of Haiti to support SMEs.

HHTARG, a non-profit, serves as a nexus of Haitian Diaspora service organizations globally. Its mission is to serve as a conduit between the Diaspora and Haiti to help develop the infrastructure and move the economy forward. At the forum, information about development impact, sourced in part from remittances sent by the Diaspora to Haiti, will be disseminated.

PADF is a non-profit of the Organization of the American States. Their mission is to put into action programs to positively affect the lives of the underclass in social and economic areas, hard hit by natural disasters such as the 2010 earthquake.

"Investing in Haitian Progress" is an opportunity for SMEs to learn about investment opportunities and participate in information sharing. The monetization of development projects will increase momentum for social change and economic growth for SMEs in Haiti.

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Read more: diaspora, economy, Investment, business, Infrastructure, PADF, Business & Finance

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