The Private Sector Commission (PSC) and IDB Invest have agreed to deepen cooperation aimed at expanding financing options and strengthening support for local businesses, as Guyana seeks to accelerate private sector growth and diversification.
In a statement on Tuesday, the PSC said discussions focused on financing options for medium- and large-scale investments, including debt and equity instruments, as well as support for startups and small and medium-sized enterprises.
The talks also examined opportunities in emerging and underdeveloped sectors such as recycling, value-added production, artificial intelligence and broader technology adoption.
According to the PSC, the Inter-American Development Bank’s private sector arm committed to offering innovative financing solutions, advisory services and technical support to help businesses scale and access new opportunities.
The parties also agreed on the importance of mapping Guyana’s private sector ecosystem to better align financing and advisory support with business needs across the sector.
