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Expression of Interest: Participate in the 2015 edition of the HAVANA INTERNATIONAL FAIR (FIHAV)


Caribbean Export would like to invite interested CARIFORUM firms to submit applications to participate in the 2015 edition of the Havana International Fair (FIHAV) 2015 in Havana, Cuba from November 2nd to 8th 2015.

FIHAV is the most important general trade fair in Cuba. This year will be the 32nd year that show has been convened.  All sectors of the Cuban economy takes part in this event, which succeeds in putting together the most complete national and international trade exhibition in a space that enables exhibitors and visitors to establish commercial contacts, close business operations, exchange experiences and update in new technological developments.

FIHAV features more than 20,000 square meters of net exhibition area, around 4,500 national and foreign exhibitors from over 60 countries. This year it is expected that over 150,000 visitors including important foreign official and business delegations will be attending the fair. With the strides that Cuba has made in opening its trade doors to the entire world, the potential for doing business with Cuba is stronger than ever.

Caribbean Export will sponsor representatives from CARIFORUM firms in the following sectors to participate in the 2015 edition:

  • Cosmetics and Beauty products
  • Plastics
  • Sauces and Condiments
  • Cereals
  • Beverages

Sponsorship will include:

  • Booth rental and design
  • Promotional material for the booth
  • Return airfare to Cuba for one representative of participating company from their country of origin
  • Matchmaking meetings with the major buyers in Cuba

Participants are expected to cover all additional expenses including accommodations, shipping of samples, meals and ground transport to and from Fair grounds.

Interested persons must submit the online Expression of Interest no later than July 22, 2015 at 4:30pm Barbados Time

All participation is subject to approval from Caribbean Export.

Please direct any queries to havanafair@carib-export.com

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Expression of Interest Notice: Participate in a Seminar on Angel Investor Engagement Training for Entrepreneurs


This training will sensitize, educate, and train regional entrepreneurs in global best practices methods of engaging angel investors for investment.

In its mission to increase the competitiveness of firms in the region, Caribbean Export has taken note of the inability of regional firms to consistently gain access to the right mix of financing applicable to their stages of development as being a major hindrance to them achieving success. As such Caribbean Export has embarked on activities, in conjunction with our World Bank partners, to increase access to private equity financing, specifically Angel Investment to regional firms. One such activity involves training regional entrepreneurs on how to properly and successfully engage Angel investors when seeking to raise capital for their businesses.

Formal Angel investing within the region is a new occurrence; however, informal angel investing has been taking place within the region for many years. There are three formal Angel groups in the Caribbean; two in Jamaica (First Angels Jamaica and Alpha Angels), and one in Barbados (Trident Angels) and others planned for formation in the short and medium term. There are also a number of regional High Net Worth Individuals (HNWIs) performing angel type activities outside the auspices of a formal angel group.

Caribbean Export will sponsor a representative from twenty (20) CARIFORUM firms to participate in this event. The aim of this initiative is to build the capacity of those selected to strategically target, engage and properly pitch to regional/international angel investors.

This EOI is targeted to, but not limited to both start-ups and established firms who are actively seeking angel capital, and also firms that are exporting or have export potential in both goods and services.

Interested persons must submit all required documentation to Caribbean Export Development Agency.

All Expressions of interest should be submitted no later than June 5th  2015 4:30 pm Barbados time, by email only and in English to Mr. Kevin Jones, Caribbean Export – Advisor; Access to Finance at emailkjones@carib-export.com.

The criteria for participating in this initiative are listed below:

Firms must submit: 

    • Indicating a willingness to provide Caribbean Export with information on your progress in seeking angel investment.
    • Demonstrating intent to use the training as a tool to target regional angel groups/ investors for funding.

Please note that the support that Caribbean Export will be providing to each of the 20 successful candidates to participate in this Business Summit is limited to:

  • Direct economy airfare for one person
  • Accommodation and daily stipend for one person (based on European Union guidelines)

The OECD defines a high-growth enterprise as a firm with an “average annualised growth in employees (or in turnover) greater than 20% a year, over a three-year period, and with ten or more employees at the beginning of the observation period.”

Expression of Interest Angel Investor Engagement Training for Entrepreneurs Final

Investor Engagement for Entrepreneurs Flyer and Agenda Final

Entrepreneur Investor Engagement EOI Application Form Final

REQUEST FOR PROPOSALS FOUR MARKET STUDIES IN THE CARIBBEAN


The CaFeatured imagenadian Hunger Foundation (CHF) is currently implementing a project in the Caribbean called Promotion of Regional Opportunities for Produce through Enterprises and Linkages (PROPEL) project.

Funded by the Government of Canada through the Department of Foreign Affairs, Trade and Development (DFATD) and CHF, the aim is to increase the value of Caribbean fresh produce accessing high-value markets (HVM) in the Caribbean and internationally by CAD100 million 6 over six years.

CHF is requesting proposals from consultants to undertake four market studies: Barbados; OECS; Suriname; and Belize. The methodology for each study is similar, in order for PROPEL to analyze information across all studies. Individual Terms of Reference (ToR) for each have been prepared and are posted on the CHF website.

DEADLINE: MARCH 22, 2015

Featured image

APPLY NOW!!!

Compete Caribbean is a private sector development program that provides technical assistance grants and investment funding to support productive development policies, business climate reforms, clustering initiatives and Small and Medium Size Enterprise (SME) development activities in the Caribbean region. The program, jointly funded by the Inter-American Development Bank (IDB), the Government of Canada and the United Kingdom Department for International Development (DFID), supports projects in 15 Caribbean countries. Projects in the OECS countries are implemented in partnership with the Caribbean Development Bank (CDB).
Visit Us:
www.competecaribbean.org                                     Contact Us: competecaribbean@iadb.org

CARIBBEAN EXPORTER OF THE YEAR AWARDS


The aim of the Caribbean Exporter of the Year Awards is to create an export culture across the region by encouraging CARIFORUM firms to begin exporting or to expand

CEYA-Banner-2015croptheir exports through a programme that acknowledges and rewards exporters.

The specific objectives are:

  • To give recognition to exporters (SMEs) that have demonstrated an ability to achieve exporting success as demonstrated primarily through export volumes, diversity of export markets and sound export strategies and action plans;
  • To give recognition to youth and female exporters across the CARIFORUM region;
  • To give recognition to exporters that have integrated green technologies into their operations;
  • To encourage exporters to innovate by investing in R & D to improve product development and;
  • To encourage exporters to engage in corporate social responsibility.

Firms can be nominated in more than one category. Entry is by nomination from a business support organization, government institution, or peer within the CARIFORUM region through Caribbean Export’s website (www.carib-export.com) by February 27, 2015 at 4:30 p.m.  Applications submitted by any other method or after the deadline will not be accepted.

Description of Awards

Emerging Exporter of the Year 
The Emerging Exporter of the Year Award recognises a company that has entered the export market within the last 3 years and has already experienced success.

Young Exporter of the Year 
The Young Exporter of the Year Award recognises a company whose principle shareholder is 35 years or younger and is a successful exporter.

Female Exporter of the Year
The Female Exporter of the Year Award recognises a company whose principle shareholder is female and is a successful exporter.

Green Exporter of the Year
The Green Exporter of the Year Award recognizes an exporter that has invested in green technologies and integrated alternative/renewable energy solutions into its operations that has allowed it to experience exporting success.

Caribbean Exporter of the Year
The Caribbean Exporter of the Year Award recognizes a Caribbean firm that has achieved significant exporting success and whose brand epitomizes Caribbean Export’s guiding philosophy of “Taking Caribbean Excellence to the World.”

Special Award – Excellence in Services Exports
The Special Award recognizes an outstanding Caribbean firm that has successfully exported its services.

Eligibility Criteria

The awards are open to all firms within the CARIFORUM region that meet the eligibility criteria (see below) and are nominated by a business support organization, government institution or peer within the CARIFORUM region.Nomination forms are available on Caribbean Export’s website and should be submitted electronically on or beforeFebruary 27, 2015. Winners will be announced prior to the awards ceremony scheduled for April 16, 2015.

Interested applicants should meet the General Eligibility Criteria in addition to the relevant Award Specific Criteria to which they are applying.

General Eligibility Criteria 

Firms:

  • Must be a registered company headquartered in a CARIFORUM country;
  • Must be majority owned by a CARIFORUM national;
  • Must have an established market presence in at least one export market (regional and international)
  • Must have been in operation for at least three (3) years and exporting for at least two (2) of those years (with the exception of the emerging exporter of the year award)
  • Product or service exported must contain significant CARIFORUM content
  • Produces goods/services that demonstrate significant appeal in the export market
  • Must have annual export earnings of at least US$50,000 (with the exception of the Emerging Exporter of the Year Award) 

Award Specific Eligibility Criteria

Emerging Exporter of the Year 

  • Firm must have annual export earnings of at least US$20,000
  • Firm has been in operation for three years or less and has been actively exporting for a maximum of three (3) years 

Young Exporter of the Year 

  • Principle shareholder (owns at least 51% of firm) must be 35 years or younger as at December 31st 2015 and must be active in daily operations of firm

Female Exporter of the Year

  • Principle shareholder (owns at least 51% of firm) must be female of the firm and must be active in daily operations of firm 

Green Exporter of the Year 

  • Firm has prioritised investment in green technologies to enhance competitiveness
  • Firm has realised significant benefits (economic/environmental) as a result of integrating alternative/renewable energy solutions into its operations

Caribbean Exporter of the Year 

  • Firm has demonstrated innovation in the area of product development
  • Firm has provided increased employment opportunities to CARIFORUM nationals with emphasis on women and youth employment
  • Firm has demonstrated corporate social responsibility in the communities in which it operates 

Special Award – Excellence in Services Exports

  • Firm must be an exporter of services

Partial Scope Agreement between the Government of Belize and the Republic of Guatemala


The negotiations on the Partial Scope Agreement (PSA), between the Government of Belize and the Government of the Republic of Guatemala, were launched on November 22, 2004. Both countries signed the agreement on 26th June, 2006. In 2009, Belize deposited its Instrument of Ratification to the CARICOM Secretariat and obtained CARICOM’s approval of the Agreement and completed its internal process of ratification that year. Guatemala completed its ratification in March of 2010. With the exchange of information notifying the completion of the internal process in each country, the PSA took effect on 4th April, 2010, thirty days after Guatemala completed its internal process of ratification.

This is Belize’s first negotiated bilateral trade agreement and one which takes into account the obligations to the CARICOM Single Market and Economy (CSME). This agreement has been seen as an opportunity to enhance trade and commercial relations for both countries.

Currently, Belize has completed the three phases of tariff reductions as outlined in the Tariff Schedules of the Agreement. The main products benefiting from this agreement are: citrus, tilapia, cattle, yellow corn, black beans, red beans, poultry and pepper sauce. This market is expected to offer premium prices relative to world prices. The PSA covers 150 goods, including certain goods under the headings of: animal products; prepared foodstuffs; products of the chemical or allied industries; plastics and articles thereof: rubber and articles thereof; wood and article of wood, wood charcoal; paper and paperboard, articles of paper pulp, of paper or of paperboard; textiles and textiles articles; footwear, gaiter and the like; parts of such articles; glass and glassware; base metals and articles of base metal; and other items.

Continue reading “Partial Scope Agreement between the Government of Belize and the Republic of Guatemala”

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