Belize Institute of Management (BIM) was the brainchild of a number of business executives and senior persons in Academia and Government who met in 1974 to discuss the clear absence of any formal type of management training. At the time there was no University nor formal management training in the schools. Following the initial meetings BIM was formed as a Private Voluntary Organization (PVO).
Among those who participated in the formation were: Vernon Leslie – Resident Tutor of the Extra Mural Department of the University of West Indies, George Harrower – Canadian Manpower consultant, Mr. Ross Chlup — General Manager/Owner Bata Shoe Company, Edward Young (Jr.) – Assistant Secretary of the Ministry of Finance, Ray Locke – Chief Printing Officer, Ray Nisbet – Owner/manager Belize Supply Ltd., and Raineldo (Reynaldo) Guerrero – Financial Controller Belize Telecommunication Authority (BTA — Now BTL). This group was never constituted as a Board of Directors but were rather a steering committee to take the concept to fruition. This first beginning created the seed from which the Institute was planted.
During the next 10 years many members of the steering committee moved on to other interests, however the Institute was fortunate in its early stages to receive the assistance and expertise of Dr. Santos Mahung and Mrs. Ilona Smiling who along with Mr. Raineldo D. Guerrero and Edward Young became a part of the core group that took it into its next phase. This created the opportunity for the new beginning which began in 1984 when the American Management Institute contracted by USAID was searching for an organization to manage a Management Development program for Belize
In August 1985 the Belize Chamber of Commerce and Industry signed an agreement with USAID (U.S. Agency for International Development) through the Training for Employment Project. This project was signed with the Belize Chamber of Commerce and Industry with BIM as the executing agency with a key responsibility for the institutional strengthening of the Institute. In December 1987 BIM was incorporated and became a Not for Profit NGO. Signing the Memorandum and Articles of Association were: Joseph Palacio, Santos Mahung, Ilona Smiling, Oscar Ayuso (Deceased), Joseph Fuller, Phillip Zuniga, Carlos Perdomo, Edward Young (Deceased) and Raineldo Guerrero.
The project continued until October 1993 when it was formally closed after various extensions and increased funding. BIM at the time was the flagship project for USAID. It was during this project that USAID funded the construction of BIM’s Training and Conference Center which after 20 years continues to provide both training and conferencing facilities for the benefit of Belize.
In 1997 BIM signed an agreement with IDB (Inter-American Development Bank) for the management of the “Trade Promotion and Business Development Project” funded by the Multi-lateral Investment Fund. This project was formally closed in November 2001. Similarly, as in the case with USAID, BIM received IDB’s recognition for managing the project successfully.
Members of the Board of Trustees
Raineldo D. Guerrero