Elon Musk’s Starlink Eyes Internet Expansion in Guyana 

Starlink, Elon Musk's satellite internet venture, is pursuing a license to operate in Guyana. The move supports the country's push for digitalization under President Ali’s vision of a connected society. Vice President Bharrat Jagdeo emphasized that regulatory compliance and taxation will be enforced as individuals currently install Starlink devices without paying duties. Starlink's entry is expected to increase competition in Guyana’s digital services market, potentially improving connectivity and accessibility in remote areas.

India to Supply Ferries, Boost CARICOM Connectivity 

At the CARICOM-India Summit, Prime Minister Modi proposed supplying passenger and cargo ferries to strengthen regional connectivity in the Caribbean. This initiative aligns with CARICOM’s efforts to establish a regional ferry service linking Guyana, Barbados, and Trinidad. Modi also pledged support for renewable energy projects, technical training, and maritime infrastructure, aiming to foster deeper economic ties and innovation between India and the Caribbean.

Business Opportunities Based On Today’s Developments

Small Enterprises (SEs)

1. Eco-Friendly Agricultural Solutions

   • Opportunity: Capitalize on Prime Minister Modi’s emphasis on nano-fertilizers and climate-smart agriculture. Small enterprises could import or develop eco-friendly fertilizers and farming solutions tailored for Guyanese farmers.

   • Notes: Collaborate with CARICOM to identify specific crops or agricultural challenges that nano-technology could address locally. Offer workshops or demonstrations to farmers on adopting these solutions.

2. Passenger and Cargo Ferry Support Services

   • Opportunity: With India proposing to supply ferries for CARICOM’s connectivity goals, small businesses can establish support services such as ferry maintenance, onboard catering, and logistics.

   • Notes: Focus on niche services like premium local snacks, beverage offerings, or eco-friendly cleaning solutions for ferries.

3. Training and Upskilling in Renewable Energy

   • Opportunity: With Guyana prioritizing renewable energy projects, small training centers can offer certification programs for solar panel installation, wind energy systems, or hydrography.

   • Notes: Partner with local government programs or Indian agencies to access technology and subsidies. Begin by targeting underserved areas needing energy solutions.

Medium Enterprises (MEs)

1. Advanced HVAC and Energy-Efficient Equipment

   • Opportunity: Leverage LG’s technician training seminar to introduce and install advanced HVAC and energy-efficient systems for Guyana’s expanding commercial infrastructure.

   • Notes: Offer bundled services, including maintenance contracts and installation, targeting new buildings, hotels, and offices.

2. Regional Ferry Operations

   • Opportunity: Participate in CARICOM’s regional ferry project by operating routes or managing cargo logistics between Guyana, Barbados, and Trinidad.

   • Notes: Medium enterprises could benefit by creating logistics hubs or integrating digital ticketing and tracking systems to enhance customer experience.

3. Technology Integration for CARICOM

   • Opportunity: Develop localized versions of India’s proposed cloud-based document management or Unified Payments Interface (UPI) systems for CARICOM countries.

   • Notes: Collaborate with CARICOM and Indian tech companies to design systems catering to specific Caribbean regulatory and cultural contexts.

Large Enterprises (LEs)

1. Oil and Gas Supply Chain Infrastructure

   • Opportunity: Build supply chain infrastructure or partner with India for refining, storage, and transportation of crude oil as part of the Guyana-India hydrocarbon MoU.

   • Notes: Focus on storage facilities, pipeline projects, or even refinery feasibility studies to align with India’s interest in a government-to-government energy pact.

2. Regional Connectivity and Logistics

   • Opportunity: Invest in the ferry and maritime logistics sector by supplying vessels, managing large-scale operations, or developing infrastructure like ports and terminals.

   • Notes: Work with CARICOM to scale connectivity solutions, focusing on cargo and passenger transport efficiency.

3. Airport and Cargo Infrastructure Expansion

   • Opportunity: With CJIA processing record passenger and cargo volumes, large enterprises can invest in modernizing airport infrastructure or developing logistics hubs for agricultural exports.

   • Notes: Establish cold storage and high-tech sorting facilities for perishables like fruits, vegetables, and fish to tap into increased cargo movement.

General Thoughts

• Collaboration Is Key: Across all business sizes, collaboration with CARICOM, Indian initiatives, or Guyana’s government will provide access to funding, partnerships, and smoother entry into emerging markets.

• Green and Tech-Driven Ventures: Renewable energy and tech-based solutions (payments, cloud systems) will dominate the Caribbean's economic evolution. Early movers will gain significant market share.

• Cultural and Local Adaptation: Ensure all offerings—whether ferry services, training programs, or tech systems—align with local cultural and business practices for acceptance and scalability.

Side Hustle Ideas Based On Today’s Developments

1. Renewable Energy Installation Services

• Idea: Start a part-time service installing small-scale renewable energy solutions such as solar panels, solar-powered water heaters, or backup battery systems for households and small businesses.

• Why It Works: With increased emphasis on renewable energy and Guyana’s growing energy demands, this side hustle taps into the need for energy independence and efficiency. Many households and small businesses lack access to affordable renewable energy solutions.

• Execution Tips:

  • Partner with suppliers of affordable solar kits.

  • Offer weekend installation services and bundle packages that include consultation and maintenance.

  • Focus on targeting middle-income households looking to cut energy costs.

2. Tourism and Experience-Based Rentals

• Idea: Offer unique, short-term accommodations or experiences for tourists, such as cultural tours, Airbnb rentals with local flair, or guided eco-tours highlighting Guyana’s natural beauty.

• Why It Works: With increasing global attention on Guyana as a travel destination, there’s a growing demand for culturally immersive and eco-friendly tourism experiences. Tourists are drawn to the country’s pristine rainforest, wildlife, and rich culture.

• Execution Tips:

  • Use your home or family property to create a low-cost rental option on platforms like Airbnb.

  • Pair accommodations with add-ons like guided tours of local attractions, culinary experiences, or wildlife excursions.

  • Work with local artisans or food vendors to enhance the experience.

3. Urban Logistics and Delivery Service

• Idea: Launch a small-scale delivery service specializing in last-mile logistics for e-commerce, grocery stores, or local farmers.

• Why It Works: Guyana’s expanding economy and increasing reliance on e-commerce platforms create a demand for reliable, hyper-local delivery services. With oil-driven economic growth, disposable incomes are increasing, and convenience is becoming a priority for consumers.

• Execution Tips:

  • Start small with a motorbike or bicycle for urban deliveries.

  • Partner with local businesses like bakeries, restaurants, or pharmacies to handle their delivery needs.

  • Offer evening and weekend delivery slots, catering to working professionals.

Why These Ideas Work

These ideas:

• Leverage Guyana’s rapid economic and infrastructure development.

• Require minimal upfront investment but offer high-value returns.

• Are flexible and scalable, allowing people to maintain full-time jobs while building extra income streams.

• Address emerging needs in renewable energy, tourism, and convenience logistics, making them future-proof in the growing economy.