CI$4 million out there for tourism operators

Cayman News Service

Stingray City during peak tourism

(CNS): Micro and small businesses that offer tourism related services and have been impacted by the border closure are being offered a new kind of grant to help them protect their assets and remain afloat until the sector recovers. Some watersports and tour operators have slipped through the net when it comes to the payout of government cash over the last year and a half, but now $4 million has been made available to those in this sub-sector of the tourism industry.

Minister for Investment, Innovation and Social Development André Ebanks said in a release that the tourism stipend had been a lifeline and this new type of support is aimed at local business owners to maintain the viability of their businesses and preserve critical assets.

“Water sports and land tour businesses are integral to the Cayman Islands’ tourism offering and small business environment and have significantly suffered the consequences of the many months of…