{"id":267953,"date":"2019-11-14T10:18:44","date_gmt":"2019-11-14T14:18:44","guid":{"rendered":"https:\/\/content.carib-export.com\/news\/3-5-million-bbd-to-support-firms-to-export-and-grow\/"},"modified":"2022-06-13T21:44:27","modified_gmt":"2022-06-14T01:44:27","slug":"3-5-million-bbd-to-support-firms-to-export-and-grow","status":"publish","type":"news","link":"https:\/\/content.carib-export.com\/es\/news\/3-5-million-bbd-to-support-firms-to-export-and-grow\/","title":{"rendered":"$3.5 millones de BBD para apoyar a las empresas a exportar y crecer"},"content":{"rendered":"\n<ul class=\"wp-block-list\"><li>$3.5 million BBD has been\nallocated to CARIFORUM Firms<strong><em><\/em><\/strong><\/li><li>55 companies will receive grants of\nup to $66,000 BBD<strong><em><\/em><\/strong><\/li><li>Funds have been provided by the\nEuropean Union via the 11th EDF Regional Private Sector Development Programme<strong><em><\/em><\/strong><\/li><\/ul>\n\n\n\n<p>The Caribbean\nExport Development Agency (Caribbean Export) in cooperation with the European\nUnion has awarded over $3.5M BBD (\u00e2\u201a\u00ac1.5M) under\ntheir 2<sup>nd<\/sup> Call for Proposals for the <a href=\"https:\/\/www.cedev.local\/export-development\/the-direct-assistance-grant-scheme-dags\/\">Direct\nAssistance Grant Scheme (DAGS). <\/a>&nbsp;<\/p>\n\n\n\n<p>The 2<sup>nd<\/sup> call for proposals\nwas launched in April of this year and the Agency received 104 grant proposal\napplications from across the region and <a href=\"https:\/\/www.cedev.local\/grant-awardees\/\">fifty-five (55) proposals<\/a> have been approved for grant funding.<\/p>\n\n\n\n<p>\u00e2\u20ac\u0153It is widely acknowledged that the most\nsignificant impediment noted by CARIFORUM business when it comes to business\ndevelopment and expansion is the lack of access to finance\u00e2\u20ac\u009d informed Damie\nSinanan \u00e2\u20ac\u201c Manager, Competitiveness and Export Promotion at Caribbean\nExport.&nbsp; \u00e2\u20ac\u0153The Direct Assistance Grant\nScheme aims specifically to tackle this issue to enable more companies to\nexport and grow.\u00e2\u20ac\u009d<\/p>\n\n\n\n<p>The total grant funding awarded to\nCARIFORUM firms under the 11<sup>th<\/sup> EDF now stands at over $8.3M BBD or \u00e2\u201a\u00ac3.7M\nand the Agency intends to award more grants in the upcoming year.<\/p>\n\n\n\n<p>Grant funding has been used for a range of projects including food safety certification, equipment modernisation to enable increased production, marketing and branding, product development amongst others.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/carib-export.us5.list-manage.com\/subscribe?u=f70a3cefdf17281acaea426b4&amp;id=9e96a5189f\">Subscribe to our mailing list to be informed when the next call for proposals is launched. <\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>$3.5 million BBD has been allocated to CARIFORUM Firms 55 companies will receive grants of up to $66,000 BBD Funds have been provided by the European Union via the 11th EDF Regional Private Sector Development Programme The Caribbean Export Development Agency (Caribbean Export) in cooperation with the European Union has awarded over $3.5M BBD (\u00e2\u201a\u00ac1.5M) [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":248984,"menu_order":0,"template":"","tags":[10646,11487,4898,12829],"class_list":["post-267953","news","type-news","status-publish","has-post-thumbnail","hentry","tag-dags-es","tag-export-es","tag-exportacion-del-caribe","tag-grants-es"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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