Invest Caribbean Unlocks More Capital Sources For Caribbean, US, Latin American Companies In 2023

Black Immigrant Daily News

News Americas, NEW YORK, NY, Fri. Jan. 13, 2023: The Caribbean and Latin America is home to a vibrant and diverse business community but accessing capital can be a challenge for many business owners and project developers. But Invest Caribbean, the global private sector investment agency of the Caribbean, is kicking off 2023 with more capital sources for many business owners and project developers in the region and the U.S. under one roof.

“Post pandemic, ICN has expanded its capital sources through major partnerships across the Caribbean, Latin America and the US to give qualified businesses and developers ease of access to multiple sources of capital in varied sectors across these regions by connecting with one agency,” said Felicia J. Persaud, founder of ICN.

“Our one stop business solutions service is unprecedented in this region where more and more, there is the emergence of multiple talk shops but little real solutions to foster growth and access to capital. ICN is focused on partnerships to help ease the burden of lack of access to capital in this region and make it easier for companies and developers to focus on doing what they do best – expand and grow,” Persaud added.

Financing is now available across most of the region and US for loans and equity for existing companies seeking to expand in the sectors of:

Commercial Real Estate

Export loans

Manufacturing/Distribution

Consumer Retail/Food & Beverage

Agriculture And Food Security

Financial Services

Information Technology

Renewable And Fossil Fuel Energy

Healthcare, Mining

Biotech

Mining

Marijuana Real Estate – Land, Commercial Buildings, Dispensary. 

OPTIONS

Options include:

Micro to small business loans for existing businesses Jamaica.

Access SME business loans from US$1,000 in the US including equipment loans from USD 5,000 and SBA and real estate loans from US$25,000.

Commercial loans and equity for Caribbean entities poised to expand and grow in sectors of commercial real estate, export loans, manufacturing/distribution, consumer retail/food & beverage, agriculture and food security, financial services, information technology, renewable and fossil fuel energy, healthcare.

Commercial real estate and business loans in the US market especially in health care, manufacturing, and logistics.

Commercial and residential mortgage loans for persons and entities in the Cayman Islands.

Expansion capital for medium sized companies in Puerto Rico looking to expand.

Long term agricultural expansion loans in the US, Caribbean and Latin America for mid-sized companies that are seeking to expand or improve processing & handling facilities; dry & refrigerated storage facilities; transportation & distribution; export production capacity or port infrastructure.

PRE-QUALIFICATION

For major loans and equity consideration for all of our products, companies must be in business for at least three years and have audited financials.

OTHER SERVICES

Additionally, ICN is able to help companies seeking bridge capital in the real estate sector; financial institutions and governments seeking bond market raises and loans and M&A deals.

ICN also offers one-on-one business consultancies and marketing solutions via monthly subscriptions to help a business grow digitally or prepare for a capital raise.

See all service options now available from Invest Caribbean HERE

For questions on how ICN can help, connect today.

NewsAmericasNow.com

Usain Bolt Missing Millions Of Dollars From His Investment Account

Black Immigrant Daily News

The content originally appeared on: Urban Islandz

A former employee is being investigated by the Jamaica Constabulary Force for millions of dollars going missing from Sprint legend Usain Bolt’s investment account at a local company in Kingston.

On Thursday, the Jamaica Gleaner reported that the Sprinter’s stock and investments portfolio with a company named Stocks and Securities Limited had been tampered with, and the sprinter-turned-producer is now missing millions from his account.

Usain Bolt’s manager and best friend Nugent Walker told local media that the former athlete only found out about the missing money on Wednesday. He has not revealed how much money is missing, but the police have launched an investigation while one suspect, a former employee fired for fraud, has been implicated.

Reports on Thursday are that SSL called the police while the employee has reportedly retained the services of an attorney.

“All the relevant steps have been taken to come to the bottom of this,” Walker said as he pointed out that Financial Investigations Division (FID) and Financial Services Commission (FSC) has been made aware of the incident.

In the meantime, Walker said that Bolt has held an investment account with SSL for more than ten years, and the entire portfolio is being reviewed to see if there are more discrepancies.

In the meantime, the unidentified employee is said to be implicated in a massive fraud at the investment company that has a good reputation locally. That fraud also involves Bolt’s accounts. The employee is being represented by Attorney-at-law Tamika Harris, who told the Gleaner, “My client is in discussion with SSL and the lawyers representing SSL.”

The talks are said to be in their second week, the attorney said.

Usain Bolt is a four-time Olympic champion and has scored endorsement deals from the likes of Puma, Nike, and Gatorade. In 2013, he was named the seventh highest-paid athlete by endorsements. His current endorsements include Mumm, Hublot, and others.

Usain Bolt has not publicly addressed the development, but the artist’s fans speculated that many of his endorsement deals and his earnings as an Olympic athlete may well be part of that investment portfolio.

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Miami FC Signs Soca Warrior

Black Immigrant Daily News

News Americas, MIAMI, FL, Thurs. Jan. 12, 2023: Soca Warrior and Trinidad and Tobago international, Ryan Telfer, has been signed to United Soccer League (USL) Championship side Miami FC.

The 28-year-old left winger who was born in Canada, played for Columbus Crew II last season in the Major League Soccer (MLS) Next Pro League, contributing four goals and three assists through 15 appearances.

In the MLS Next Pro playoff final appearance, he scored and assisted in his team’s route to the title win.

Telfer has scored seven goals in 19 appearances for the Soca Warriors.

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Shenseea and Burna Boy To Perform At Coachella 2023

Black Immigrant Daily News

The content originally appeared on: Urban Islandz

Shenseea and Burna Boy are among the many artists set to make their Coachella debut this year.

Shenseea has been named as one of the performers for Coachella 2023. The event organizers revealed the official poster on Tuesday featuring more than 50 artists that will grace the stage over three weekends in April. The Coachella Valley Music And Arts Festival is a annual music festival held in April, and this would be the second staging of the event since the pandemic started in 2020.

Shenseea shared the official poster from Coachella confirming her attendance at the festival, which would be her debut. “@coachella 15 & 22,” she wrote on Instagram.

Along with Shenseea, there are two other reggae acts, American bands Stick Figure and Rebelution. For 2023, the festival will be headlined by superstar Bad Bunny, R&B sensation Frank Ocean, and K-pop girl group sensation BLACKPINK.

The event this year will be held at Emporio Polo Club in Indio, California, and will run off on the weekends of April 14-16 and April 21-23. Shenseea will be performing on the day headlined by BLACKPINK and other artists Rosalía, British singer Labrinth, the Kid Laroi, Boygenius, Yung Lean, Mura Masa, Kenny Beats, Rebelution, and many others.

Overall, the event also sees Burna Boy, K-pop star Jackson Wang and Idris Elba and Metro Boomin, Doechi, GloRilla, Klai Uchis, A Boogie Wit Da Hoodie, Blaze, Willow, Rae Sremmurd, Pusha T, Suicideboys and others. Coachella usually adds more artists to the rundown as the time winds down.

Shenseea, who is no stranger to large festivals, having performed at several Rolling Loud Festivals across the country, received commendations from her Instagram followers. “We good on the way to the desert,” Shenseea’s American road manager Dizzy Cleanface wrote.

“Yesssss I can’t miss your set!” Love & Hip Hop cast member Bobby Lytes said. “Greatness,” rising artist Valiant wrote.

“You were a spectator last year and this year ur a performer, congratulations,” a fan reminded the artist who attended the festival last year with producer London On Da Track and Megan Thee Stallion.

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GUYANA-INVESTMENT-President Ali calls on Indian investors to explore investment opportunities in Guyana

Black Immigrant Daily News

The content originally appeared on: Cana News Business

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BARBADOS-AID-World Bank approves funds for Barbados’ green and resilient recovery

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JAMAICA-TOURISM-Government wants private sector involvement in Mountain Coffee Festival

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SURINAME-DEBT-India agrees to debt restructuring with Suriname

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The content originally appeared on: Cana News Business

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CARIBBEAN-TRADE-ECLAC says Ukrainian war and less dynamic global economy have impacted trade in LAC

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The content originally appeared on: Cana News Business

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