Invest TCI reported a historic surge in entrepreneurship during its fifth Annual General Meeting on September 15. The agency received 140 applications for its MSME programme during the 2025/26 period, marking the highest volume in the programme’s decade-long history as more Turks and Caicos Islanders seek to own local businesses.
During the meeting held at The Ritz-Carlton, Turks and Caicos, officials detailed the agency’s support for local enterprises. Invest TCI approved $900,000 in cash grants and 53 concession orders, while counselling 214 businesses. CEO Angela Musgrove noted the agency now manages a portfolio of over 300 businesses. Premier Charles Washington Misick emphasized that the goal is ensuring residents advance alongside the nation’s massive $6.335 billion investment pipeline, rather than measuring progress solely by incoming capital.
To convert this interest into long-term success, the agency is refining its internal operations. Future efforts will focus on enhanced client follow-up and improved business-readiness checks to help entrepreneurs build sustainable, revenue-generating companies. These systemic changes aim to ensure that small businesses not only receive initial support but remain operational and fully integrated into the broader economy.