Bradshaw: $10 million Fund Access subsidy not enough

Barbados Labour Party (BLP) Member of Parliament (MP) for St Michael South East Santia Bradshaw has described as inadequate, Government’s recent $10 million disbursement to Fund Access – the agency charged with providing development finance for micro enterprises.

Speaking to members of the media following a tour of the St Michael East constituency on Saturday, Bradshaw said constituents who try to access the Fund would “get the short end of the stick”, as there is not enough money to allow people to start a business and make their surroundings safe and attractive to customers.

“The challenge is that in a community such as this . . . it is very difficult for persons to be able to establish themselves. Those funds that have been allocated are obviously not enough at this point to allow . . . persons in these communities to be able to set up and establish their business,” she said.

“As I look around this environment, it is difficult to set up a small business. Whether you are doing hairdressing or cooking, you want an environment that is not only hygienic . . . so if you are going to access funding to be able to set up a business, you still want to ensure that you don’t see burst pipes running along the floor and . . . that people aren’t having to almost expose themselves to the risk of injury to be able to access your property,” Bradshaw added.

It was during his 2016 Financial Statement and Budgetary Proposals last August that Minister of Finance Chris Sinckler announced the establishment of the $50 million fund, to be administered by Fund Access, to provide a blend of soft loans and grants to small businesses in Barbados.

Suggesting that the timing was “convenient” Bradshaw said that the Fund should have been implemented since the Democratic Labour Party (DLP) took office nine years ago.

“Of course we are on the eve of an election, and all of sudden . . . we are being told ‘oh, there is access to funding’ when in truth and in fact the demands that are going to be placed on the Fund are going to be far greater than what has actually been placed into the Fund at this point in time,” she said. (KK)

13 Responses to Bradshaw: $10 million Fund Access subsidy not enough

  1. Jennifer March 19, 2017 at 10:21 am

    Well what do you expect????? Just more hog wash. We need to bring the elephant into the room.

    Reply
  2. Peter March 19, 2017 at 10:24 am

    What Hon. Santia Bradshaw is saying is that only DLP registered members/ supporters will benefit from this what can be paraphrased as DEMs handout. Barbados Today, You need as professionals to research these reports and paraphrase . that is the key to professionalism in political statements. Get with it.

    Reply
  3. jrsmith March 19, 2017 at 11:36 am

    Bajan people are been played by the politicians and they have got us by the gooleys when it comes to taxes…….bajans struggling all the previous years and all at a sudden the crumbs out ………..
    My take , we the bajan people need to be in a position of strength
    and must stand up to our politicians and decide enough is enough, we should not allow the behaviour by our politicians to be passed on to our next generation…

    They dont care , they are arrogant and ignorant but make sure the 1% is comforted……We the people in the varying (constinuances ) is entitle to better , we want to hold over the heads of these arrogant people , that if they are failing they (constinuances ) we have a vote of no confidence in him/her and if it goes against them out on their ears they go..then we hold a new by election…….
    Bajans come alert get this done before the next election or else we will have lots more of the same…………………………………..

    Reply
  4. Jennifer March 19, 2017 at 12:04 pm

    jrsmith – well said again. Not only crumbs, but as my boy would say scratch grain. Until we bring the ELEPHANT into the room to sit at that LARGE table to make EVERY ONE uncomfortable, we will continue to be in this state. And what is worst is that the people have their underwear in a twist, making noise over trivial things (corn beef shyte) and more significant issues they either turn a blind eye or naturally do not see. Then again all that is in your third paragraph is part of the set up. This independence thing was nothing more than MAKING A DEAL WITH THE DEVIL (deceiver). 50yrs on, we still on the see saw with the 95% on the bottom end sitting. MIND YOU THE SEE SAW CANNOT MOVE BECAUSE OF THE WEIGHT OF THE MAJORITY keeping it in place.

    Reply
  5. jrsmith March 19, 2017 at 12:33 pm

    @, Jennifer , hail hail, as usual on the button, something got to be done before the next election , you must suggest something and how it would be in place…..please …. but what is our people doing as if they dont want change, if we dont be careful ,bajans would be cooking on 3 stones in the back yard and using a hole in the ground as a toilet……………….

    Reply
  6. Jennifer March 19, 2017 at 1:27 pm

    jrsmith – I know what you mean. The problem is that things are really far gone. The only thing that can swing anything is education, education, education. And not the one in the currently schools. That is just for their business conveyor belt. I am talking about a full reversal of the psychological and social damage on this people via brainwashing. THERE IS NO ONE TO DO IT. HELL HAS ENLARGED ITSELF. What this people was thought aka brainwashed to do is to hold each other’s feet instead of hands. Now as a result you now have a CRAB CONUNDRUM WHICH HAVE EMERGED. Its in every facet of institution in Bim. Watch carefully in the politics, any thing on poor and housing, SOCIALLY TOO etc. You will see it emerge. SIR IT IS HARD TO KICK AGAINST THE PRICKS. I know you may not believe me but it has to be the church, the same book that was used to deceive AND ENSLAVE this people MUST be used to free them. THE KEY TO THE CORN BEEF CAN IS IN THERE.

    Reply
  7. Peter March 19, 2017 at 1:59 pm

    jrsmith, Jennifer and Tony Webster, You folks continue to mesmerize me with your liter-terry fortitude. Jennifer, doesn’t this remind you of the Nursary rhyme “Hey Diddle diddle?”… While the nation dillies and dallies around, The cat ( party in power fiddles and plays the tune, the (fattened ones) cows jumped over the moon – reaching for their heights. The little dog laughs (I’m not saying white people, as it could mean other Caribbean islands) laughing at us, and the dish – the educated and well off ones – ran away with the spoon. Re-patriate where they can better feed and provide for themselves. Jennifer was that more white and privileged people for want of a better word, preaching to us?

    Reply
    • Jennifer March 19, 2017 at 2:16 pm

      Sorry peter. This is black business.

      Reply
  8. Greengiant March 19, 2017 at 4:02 pm

    This problem has been around since the last time the BLP spent fourteen years in office. Their political gravy trains were traveling via fund access, rural development, urban Development, beautify Barbados project and the like.

    So Santia, don’t try to tell us that your party only serves food and no gravy, because I know you would have seen it dripping from the table since your childhood years. No surprise at your choices of the legal profession and politics.

    You would be quite unwise to take the electorate for granted, there will be community leaders amongst the masses this time around. The political landscape has changed and will continue to evolve to the people’s benefit.

    Reply
    • Jennifer March 19, 2017 at 4:38 pm

      Greengiant – You hit the bloody nail on the head. You do have some insight and not allowing this hog wash politics to overthrow your thinking. Can you imagine. These bandits really think the electorate is asleep. All the rum shop lying nonsense they keep using for the gullible to digest.

      Reply
  9. Calloutliars March 19, 2017 at 10:13 pm

    @Greengiant, if you don’t know what you are speaking about please stop making incorrect statements. You can feel free to check FundAccess’ client listing and I am sure you will find nothing of what you speak. FundAccess has always ensured that loans were approved because they were viable and not because of political influence. Actually in the 10 years of FundAccess it was rare to see or hear politician.

    Reply
  10. Calloutliars March 19, 2017 at 10:15 pm

    Should have read: In the first 10 years of FundAccess it was rare to see or hear a politician

    Reply
  11. Greengiant March 19, 2017 at 10:28 pm

    Jennifer – I have been politically aware since The BLP brought the catch phrase “No more tricks in 76” during the election campaign of 1976. This a number of years after the energy crisis of the 70’s. They won that election and Adams signed an agreement with the IMF. They build the NIS building, bridge street bus terminal, general post office, central bank, Bridgetown sewerage plant and started the then called industrial access hiway. Since then our dept to GDP ratio has been on the increase, our agricultural and manufacturing sectors on the decline. Unless we can fully control our energy efficiency we will always have adept burden due to business expansion or physical development.

    Reply

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