Bridgetown, BARBADOS, July 14, 2014. The Caribbean Export Development Agency (Caribbean Export) has announced the awarding of BBD 8,081,874.06 (€2,992,287) to firms and Business Support Organisations (BSOs) across the region via their flagship programme the Direct Assistance Grant Scheme (DAGS) as part of the Regional Private Sector Development Programme (RPSDP) funded by the European Union under the 10th European Development Fund (EDF) on July, 11 2014.

Caribbean Export published the Call for Proposals for both the Accelerated and Regular Procedures grant facilities under the DAGS on January 17, 2014 with a deadline for submission of application on March 7, 2014, receiving a total of 341 applications from across the region of which 136 firms and BSOs were awarded grants. On Friday the Agency disclosed that sixteen of these grants being awarded were to firms in Barbados with a cumulative value of BDS 1,003,543.80. The full list of grant awardees can be found on the Agency’s website.

These 16 firms in Barbados represent the manufacturing, professional services and creative industries sectors. Three grants were awarded to BSOs, namely the Barbados Agriculture Development and Marketing Corporation (BADMC), the Barbados Investment and Development Corporation (BIDC) and the Copyright Society of Composers, Authors & Publishers COSCAP). These BSOs are “essential to fostering the development of businesses across sectors that play an integral role in supporting the economy of Barbados“ commented Pamela Cok-Hamilton, Executive Director of the Caribbean Export Development Agency. Continue reading “Caribbean Export Awards €2.9 Million to Firms in CARIFORUM” →