The Ministry of Investment, Innovation and Social Development confirmed that its business asset preservation grant programme, given to tourism-related businesses has concluded.

More than 400 Caymanian-owned businesses received support totalling approximately $7.5 million.

The Cayman Islands Centre for Business Development (CICBD) administered the programme – first through pilot phase in September and October 2021 and, again, after additional funding was approved by Parliament in March 2022.