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AntiguaBarbuda.com – the Official Business Hub for Potential Investors

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Little Ffryes Beach in Antigua and Barbuda, Photo ©: Yensa Werth / The Antigua and Barbuda Tourism Authority

Antigua and Barbuda continues to display its resiliency and adaptability through AntiguaBarbuda.com, the country’s first and official business hub for potential international investors who are looking to learn more about the investment and business opportunities in the country.

AntiguaBarbuda.com is the hub poised to be the nation’s official business hub for future visitors, tourists, citizens, as well as stakeholders looking to contribute to the country’s economy.

It is the first of its kind in the region and lauds how the Antigua and Barbuda government has been proactively meeting the requirements of today’s business and tourism industry. 

The hub is informative, easy to use and navigate through, and provides a great overview about the country’s flagship residency and citizenship programs such: Nomad Digital Residency (NDR) Program as well as the Citizenship by Investment Program (CIP).

Turning policy into action

The people of my country are moving on with resilience, bravely and resolutely”, this was the strong statement of Prime Minister Gaston Browne during the United Nations at the 75th Session of the United Nations General Assembly on the 25th of September 2020.

At that time, Antigua and Barbuda was beginning to rise after having been economically ravaged by the effects of the global pandemic, especially its tourism industry.

AntiguaBarbuda.com – the country’s official business hub. The first of its kind in the Carribean region

The country made it a point not to be deterred by the difficult situation. Instead, they tackled the problem with a sound response.

They managed to quell the spread of COVID-19 in the dual island state and is one of the least affected countries in the world in terms of fatalities to date. They were able to re-open their borders on 01 June while still maintaining good nationwide health status.

This was also made possible via strong advocacies using online platforms that aimed to inform incoming tourists about what to expect when traveling to the paradise-like islands of Antigua and Barbuda.

Now, Antigua and Barbuda takes resilience a step further with AntiguaBarbuda.com, the first of its kind in the Caribbean region.  

Navigating through the business hub

Ambassador Dr. Dario Item, the country’s head of mission to Spain, Liechtenstein and Monaco enthuses about the development, saying: “The hub is home to a wide array of information that many potential investors and visitors of Antigua and Barbuda may find helpful in their decision-making process. From information about restaurants and accommodation options that may be helpful for holiday makers, as well as the benefits of investing in the country are now available through the platform.”

Visitors are also given a virtual prelude of what to see in the magnificent beaches of the country with captivating photos of resorts and other accommodation choices in the country. It also features a complete list of the other services which investors can avail of, including legal advice and list of real estate investment opportunities.

The tourism information page shows an in-depth package of what the hotels, restaurants, nightlife have to offer. These are enhanced with video clips and photos that would make you want to experience life in Antigua and Barbuda.

Through the platform, individual websites for each featured establishment can be accessed. Visitors will be able to see details such as contact numbers and even their proximity to other landmarks.

It also gives a guide on establishing a business in the premier destination in the Caribbean region.

The Nomad Digital Residency gaining more applicants

With the increased interest from investors and travelers looking to avail of the benefits of the “long-stay” visa in Antigua and Barbuda, would-be applicants may find more information, along with frequently asked questions, about the Nomad Residency Program through AntiguaBarbuda.com.

The NDR offers an initial 2-year special residency status that would allow you to work from the pristine beaches of Antigua and Barbuda and away from the hazards of restrictions and lockdowns. Successful applicants simply need to pay $1,500.00 for a single applicant, $2,000 for a couple, and $3,000 for a family of 3 and above.

Horizon looking brighter for Antigua and Barbuda

The recent uptick in the number of applicants for the NDR is a great indication of things to come for Antigua and Barbuda. This will ripple into more economic activity for the island state. The availability of AntiguaBarbuda.com business hub also boasts well of a future that will witness a bounce back from the leader in tourism of the Caribbean region.

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Finance

How to Make Your Hospitality Business More Sustainable

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Climate change and its impact on the world has been a major news story for decades, but it’s only in recent years that awareness has been pushed to the fore. This is thanks to the actions of activists such as Greta Thunberg and Sir David Attenborough.

However, it’s also because 2020 was the joint hottest year on record, tying with 2016 – although, unlike 2016, there was no El Nino event last year to contribute to these temperatures.  

While there is pressure on companies to play their part and think more sustainably, there are things that smaller businesses can do too. As someone who runs a hospitality business, you can make operations more environmentally aware. If you want to think green, here are some ideas to help. 

Consider the materials

How much paper does your business use? There’s a real trend for cardboard menus and paper flyers showcasing the latest dining deals. Hotel rooms are filled with directories and leaflets, too – and these need replacing when they get tatty.

To resolve the issue, try switching to digital. Create online menus that diners can access, have a screen detailing the latest meal deals and specials, and introduce tablets to bedrooms in your hotel. If you’re reluctant to include tablets, try creating a directory on the TV where guests can browse the services your hotel offer, from breakfast serving times to the food on offer.

Rethink utilities

How much electricity does your business use a day? How much water is wasted?

Try looking at introducing motion sensitive lighting to avoid empty rooms being lit. Also, while it can be tricky to encourage guests to think about the water they use, you can get your staff to set an example by switching off taps when not in use. Even small changes can both save energy and money.

Manage waste

Hospitality businesses see a lot of waste, especially hotels. There’s paper waste, bottles, and food waste to consider, among other things.

Having a robust recycling system in place can help to keep your business sustainable. Introduce recycling bins in guest bedrooms and have these in offices too to encourage best practice.

Additionally, separate food waste bins for your restaurant are an essential part of waste management. By keeping food waste separate, it can be easily removed from the premises.

As with any waste management, there are risks here. Staff could cut themselves on glass or encounter other injuries, so think about how to keep your team safe while they do their job. Arm protection and overalls, for instance, can be useful.

Look at the décor

As well as the day-to-day operations in your business, it’s worth thinking about the materials used in the design and décor. Where possible, try to source reclaimed furniture and trawl the vintage and flea markets for beautiful pieces that could work well in your hotel foyer or guest rooms.

By taking the time to reassess the way your business runs, you could find that you’re lowering your carbon footprint and becoming more sustainable.

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Uzbekistan Continues to Modernize its Tax Administration System

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 The World Bank’s Board of Executive Directors approved today the Tax Administration Reform Project in Uzbekistan, which is designed to improve the operational efficiency and effectiveness of the State Tax Committee (STC) and deliver better services to local taxpayers.

The project will be supported by a $60 million concessional credit from the International Development Association (IDA), with financing provided to the Government at a very low-interest rate and a repayment period of 30 years.

“The Government of Uzbekistan has prioritized reforms in the tax administration system to create a better business and investment environment. The new project will help the STC improve its work in the interest of taxpayers,” said Marco Mantovanelli, World Bank Country Manager for Uzbekistan. “In particular, the project will allow to broaden the tax base, leading to a reduction in the informal sector of the economy, which is estimated to be around 50% of GDP; to increase tax revenues; and to help firms and companies create new jobs, benefiting from a more efficient tax administration system.”

The project includes three key components directed at improving the STC’s operational, institutional, technological and human resource capacities, and promoting voluntary compliance across Uzbekistan.

Component 1 will invest in automating the STC’s core tax administration business processes. This includes developing the STC’s new tax management information system to reduce paperwork and simplify the process of paying taxes by businesses and individuals countrywide; upgrading hardware and technological infrastructure; creating a new data center for the STC; and improving governance and the planning capacity of the STC’s IT department.

Component 2 will assist with designing and implementing measures to reduce the informal sector of the economy. This includes improving the STC’s enforcement capabilities to detect and discourage tax evasion; encouraging businesses to stay out of the shadows, including through the use of non-tax incentives; and developing cooperative relationships with the private sector, including through designing new or simplified tax policies and procedures and building partnerships to change taxpayers’ behavior.

Component 3 aims to strengthen the STC’s human resource and institutional capacities to attract, develop, and retain skilled and knowledgeable tax officials. This includes improving STC’s human resources management policies and building capacity through the continuous professional development of tax officials. 

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Top 5 Examples of Best Nonprofit Grant Proposals

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small-business-economy

Introduction

Compiling a grant proposal is a complicated task. Nonprofits have to conduct ample amounts of research, create multiple drafts and compile everything to fit the criteria of the grant foundation. The odds of getting your proposal accepted are already stacked against you and the best way to ensure success is by staying prepared. One way you can make your grant proposal air-tight is by reviewing successful grant proposals. You can add points from previously successful documents to strengthen your case. 

Preparation is key

Drafting a grant proposal can be a lengthy process. It is a good idea to start gathering data and reviewing it beforehand. Reviewing successful grant proposals can help you get new ideas and perhaps, inspiration even. You can find a list of effective examples on the internet and we have compiled a few here to make things easy for you.

5 Examples of effective grant proposals

To ease the understanding, the examples are divided as per the sectors for which nonprofits often work.

Education

Education is a key foundation for society and if you are looking to seek a grant to support an educational initiative, this particular example might be conveniently helpful.

Salem Education Foundation: This particular grant was submitted by a school that sought to receive funding for enriched learning opportunities that lay beyond the scope of a conventional classroom. This particular grant proposal was written for history students of the school.

Youth

Children can be the most at-risk group of society and there are a multitude of nonprofits that aim to help them. Consequently, there are a huge number of grants that aim to help children fulfill their potential and lead happy lives. The following example is how a grant proposal should look like when the focus of their goal is improving the lives of children.

William T. Grant Foundation: This grant is given to those groups that actively conduct research that is solely focused on improving the lives of young people in the United States. The foundation often publishes accepted grant proposals to help guide those looking to apply. Review their proposals for a better idea on how to craft yours.

Individual and family support

If your nonprofit is actively seeking to serve the disadvantaged population of society, then you will need to submit a proposal that highlights their plight. The following proposal is an example that will help you decide the inclusions for your proposal.

Kennett Area Senior Center: This particular grant was submitted by the Kennett Area Senior Center to the community grant foundation. The grant proposal was a request for funds to provide assistance and necessary services for senior citizens.

Arts

If your nonprofit is aiming to raise funds for an arts program or a project, the following example demonstrates what your grant proposal should look like. Upon review you will be clear on what to include in your documentation:

University of Minnesota’s Imagine Fund: Take a look at various successful proposals that were submitted to the Imagine Fund program. This program is known for supporting arts-related projects.

Science

Whether it is scientific research, conservation, or any form of scientific endeavor, the following proposals can provide you with ideas for your grant proposal. You can review them and figure out what to include and how you can solidify the strength of your proposal.

NIAID: The National Allergy and Infectious Diseases grants various funds to institutes and nonprofits looking to drive advancement in the field of science and scientific research. You can peruse through various types of successful grants and figure out what made each one stand out.

Final thoughts

These examples are just some of many grant proposals that have achieved success. By studying them and reviewing the literature, your nonprofit can take away ideas and insights which can be useful in drafting your proposal.

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