Ministry of Commerce extends deadline for MSME Loan-Grant offers to May 31st

Ministry of Commerce extends deadline for MSME Loan-Grant offers to May 31st

By: Caribbean Business Report

The Ministry of Commerce has extended its first call for applications for the Micro, Small, and Medium Enterprise (MSME) Loan-Grant Facility to Wednesday, 31st May 2023. The MSME Loan-Grant is an EC$10 million facility aimed at providing post COVID-19 pandemic relief to registered MSMEs. It is a combination of 70% grant and 30% loan funding at an attractive interest rate of
only 3%, with minimum collateral requirements.

Applications can be obtained online via the Ministry of Commerce’s website ( Alternatively, physical (paper) application forms can be picked up at the Ministry of Commerce.

Please note:
1. Applications will be accepted from 8:00 am to 3:00 pm, Monday to Friday.
2. All applications should be submitted to Reception, at the Ministry of Commerce, Fourth Floor, Heraldine Rock Building, Castries Waterfront.

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The application must be completed in duplicate (with original signature) and submitted with a business plan that includes financial projections. Only one (1) application per person is permitted
(An individual or entity may only benefit from the Loan-Grant Facility once.) Applicants must be Saint Lucian nationals between the ages of 31 and 60. Supporting documents such as proforma
invoices and health certificates must be provided.

Call 468-4218 or 468-4223 or Email:

The application form can be downloaded at


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Meanwhile the Ministry will formally present checks to recipients of the MSME Loan-Grant programme today at a ceremony to be hosted in collaboration with the Office of the Prime Minister

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