On August 25, 2026, Belize and Taiwan formalized a $3 million cooperation agreement designed to empower micro, small, and medium-sized enterprises (MSMEs) across Belize, with targeted support for businesses owned by women and young entrepreneurs.
Dubbed the Belize Women and Youth MSMEs Development Project, the new initiative will be delivered as a joint effort between the Government of Belize and the Taiwan Technical Mission based in the Central American nation. This collaboration builds on a successful prior partnership between the two sides, which earlier supported approximately 2,000 women entrepreneurs and helped launch more than 100 new startup ventures across Belize.
Under the terms of the fresh agreement, participating entrepreneurs will gain access to a comprehensive package of support tailored to their unique needs. This includes specialized skills training, one-on-one business mentorship, and assistance designed to strengthen daily operations, expand access to domestic and regional markets, generate new local employment opportunities, and lay the groundwork for long-term, sustainable business growth.
Government officials in Belize have framed the project as a milestone investment in the country’s economic future, noting that it represents a critical step forward in building a more dynamic, inclusive, and shock-resistant national economy that benefits all segments of society.