ICF resources will be channeled through qualified financial intermediaries such as the commercial banks and approved non-bank financial institutions. CGSs will increase the pool of funds that are available for the expansion of the small business sector. In the normal course of business, commercial banks prefer to not participate in small sector because of potential exposures to default. By partially insolating the commercial banks from losses, the CGS creates an environment that leads to an increase in the amount of funds available to the small sector for development. There is an obvious connection between the arts and tourism.
Many tourists visit countries to learn about new cultures and other ways of living.
As the eyes are the windows to the soul so is art the key to understanding cultures and peoples. Whether in paintings, graphic designs, sculptures, ceramics, drawings or print making, art can tell Belize's visitors so much about the country. Belize therefore has a vested interest in ensuring that local works of art reflect who we are as a people. The school of art will assist artists and artisans in upgrading skills their skills and creating new products. The school will also serve as a venue for exchanges between artists of different parts of the country and the world.