NASSAU, Bahamas — Bahamian Entrepreneurs Melissa Darville and Elvis Percentie were able to secure just over to $160,000 in loan, equity and grant capital funding to expand production of their line of Bahamian ice cream and sorbet delights.
SHIVER is the latest Bahamian company to get funding through the Small Business Development Centre (SBDC). This expansion will allow them to hire additional staff and thus create much welcomed jobs in the economy.
“We are excited,” said Percentie. “I was driving when Melissa called to tell me that they announced we had received the funding. I had to pull to the side of the road and check my phone just to see it for myself. I’m a numbers guy, so I’ve already started calculating where this and that would go, but it’s exciting, and we’re grateful.”
Percentie added, “We didn’t even know that the SBDC offered and assisted with funding. We just needed help with our paperwork, so when it was time for us to go to the bank, we would be ready. They surpassed our expectations, and we’re still flabbergasted by the amount of work that they put into assisting our company.”
Executive Director of the SBDC Davinia Blair said is extremely proud of another win for the SBDC’s clients.
Shiver will be hiring three additional persons as a result of the funds they’ll receive, a direct reflection of the type of economic impact the SBDC hopes to have on the economy.
“When small businesses succeed, the country succeeds” Blair emphasized.