SME Entrepreneurship Development Center (SEDC)

The mission of the SEDC is to improve economic growth in St. Maarten by providing assistance to small businesses in order to increase the number of new business start-ups, expand existing small businesses, and reduce the number of small business failures. This will, in turn, preserve and create new jobs and economic opportunities for many on St. Maarten. All services are confidential.

Business Counseling

Your business model/plan is your roadmap to success, so it should be tailored to your business’s specific needs and operations. Contact us today for a consultation on how we can help your business.

Small Business Qredits Micro Loan or the NRPB Loan/Grant

We do not administer loan or grant programs. However, our consultants do help small businesses assess funding options and opportunities, identify financing sources, evaluate eligibility, and prepare documentation that lenders require.

If you want to retain complete control of your business, but don’t have enough funds to start, consider a Micro small business loan.

We can assist you through the whole process, with the preparation of your business plan, financial projection & market analyses and all necessary documents.

SME & Entrepreneurship

Development Program (SEDP)

The SME & Entrepreneurship Development Program (SEDP) is a structured training course to support in developing abilities and skills of small businesses and entrepreneurs to run a business efficiently and successfully. This training and business support program is designed as a sustainable solution to help strengthen and grow MSMEs by assisting them to temporarily cope with deficiencies in their operations and overcome various economic challenges they might be experiencing. The SEDP slogan in meeting the need of each MSME is “transform SXM, One Small Business at a Time”

Plan your Business

  • Market research and competitive analysis

  • Write your business plan

  • Calculate your startup costs

  • Establish business credit

  • Fund your business

  • Buy an existing business or franchise

Launch your Business

  • Pick your business location

  • Choose a business structure

  • Choose your business name

  • Register your business

  • Get Crib number

  • Apply for licenses and permits

  • Open a business bank account

  • Get business insurance

Manage your Business

  • Manage your finances

  • Hire and manage employees

  • Pay taxes

  • Stay legally compliant

  • Buy assets and equipment

  • Marketing and sales

  • Stay safe from cyber threats

  • Prepare for emergencies

  • Recover from disasters

  • Close or sell your business

Grow your Business

  • Get more funding

  • Expand to new locations

  • Merge and acquire businesses

  • Become a federal contractor

  • Export products

  • Create more streams of income