iciHaiti - Lead Expo 2017 : Haiti is open for business - iciHaiti.com : All the news in brief 7/7

Haiti - News : Zapping...

Haiti - Father's Day : Rain of messages

Haiti - Italy : Minister Vernet Joseph in the 44th plenary conference of FAO

Haiti - Draft Constitution : Position of the UEH

Haiti - Security : Strengthening the institutional, technical and material capacities of law enforcement

more news

icihaiti - Politic : Installation of the Commission of the network of reception centers and rehabilitation houses

iciHaiti - Cap-Haitien : Shipwreck off the coast of Labadee : 16 survivors, 1 dead

iciHaiti - Grand'Anse : The footbridge over the Médisant River is progressing at a steady pace

iciHaiti - Inauguration : Saint Michel de l’Attalaye Road Maintenance Center

iciHaiti - Politic : Meeting between the Haitian Chancellor and the United States Deputy Secretary of State

more news

iciHaiti - Lead Expo 2017 : Haiti is open for business
10/06/2017 10:24:44

Haiti’s entrepreneurial spirit was on full display at an Expo showcasing Haitian, and diaspora, led businesses in Port-au-Prince on June 8. Dozens of businesses received funding and support from the United States Agency for International Development (USAID) through the Leveraging Effective Application of Direct Investments (LEAD) program, which is implemented by Pan American Development Foundation (PADF).

With the theme "Engines of Economic Development", The LEAD Expo was a chance for entrepreneurs to network and display their products to members of the public and private sectors as well as potential investors. U.S. Embassy Chargé d’Affaires Brian Shukan congratulated the entrepreneurs on their success. "Today we celebrate you all as you display Haiti's economic potential," he said in his remarks. Several of the LEAD entrepreneurs also spoke about their experiences running businesses in Haiti.

In total, the 45 LEAD enterprises have stimulated the Haitian economy by creating 13,695 jobs and producing $27.9 million in sales.

Let's recall that LEAD aims to facilitate the mobilization of investment capital from the diaspora and other sources and to increase the impact of that investment in small businesses and community-based social enterprises. Since 2011, USAID has invested $7.4 million in businesses in various sectors of the Haitian economy, unlocking $12.7 million in private capital.

IH/ iciHaiti