It has been drawn to BU’s attention that several companies which Senator Santia Bradshaw has significant interest have benefited in the hundreds of thousands from the Enterprise Growth Fund (EGFL). EGFL is a government agency which manages several funds to ‘assist with financing through tooling and retooling and expansion of businesses in the productive sectors’.
Based on the documents attached Pyramid Entertainment Management Inc received what is described as a cumulative grant in 2011 of $450,000.00, Got Rythmn Inc received $146,000 in 2010 and Entertainment Network $51, 857.00.
In summary three Santia Bradshaw companies received $647,857 from the EGFL over a relatively short time period.
This is a government agency which is funded by the taxpayers of Barbados therefore BU deems our forage into the financial transactions mentioned as a matter of public interest. We want to know the basis for advancing greater than six hundred thousand dollars to the goodly Senator. The taxpayers want to know!
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