The Guyana Economic Development Trust
This is Guyana
With 83,000 square miles, the Co-operative Republic of Guyana is one of the smallest countries in South America. Guyana, considered culturally to be part of the Caribbean, is a rich and diverse nation on the Atlantic coast that is bordered by Suriname, Venezuela, and Brazil. Traditionally, Guyana’s economy has been chiefly driven by exports of natural resources such as sugarcane, rice, and reserves of gold and bauxite. Today, the country’s natural resources include oil. In addition to new-found oil, Guyana is attempting to diversify its economy with ecotourism, value added agriculture and non-traditional exports, and business process and IT outsourcing, among other areas of focus. Guyana’s main export partners, in order of export volume, are Canada, United States, United Kingdom, Netherlands, Trinidad and Tobago and Jamaica.
Development in Guyana is increasingly focused on diversifying the economy and addressing workforce skills gaps. And, as is the case in most liberalized economies, further growth and development of the economy will be fueled by expansion of the private sector.
Guyana is in a perfect position to prosper from leveraging its abundant natural resources, its highly educated and available workforce, its strong regional relationships, and its many strategic trade agreements.
The Trust is an independent, U.S. based philanthropic organization, unaffiliated with any political party or organization, which incubates and supports projects to expand and enhance enterprises and workforce skills in Guyana. The Guyana Economic Development Trust’s projects help fill a gap in functional 21st-Century skills training and seed funding for startup and small businesses.
Today, Guyana is on the verge of an economic revolution that will forever change the country. The Guyana Economic Development Trust offers a triple bottom line to those supporting its mission: U.S. tax deductibility on contributions, the ability to help equip Guyanese with the skills of the future, and the opportunity to play a direct role in the economic progression of the nation.
Preparing youth for the future with 21st-Century skills
Championing the growth of startup and small businesses
Supporting early-stage tech and agro-processing businesses