Caribbean Export is the regional trade and investment promotion agency focused on building a resilient Caribbean by providing cutting-edge and high-impact support to the private sector.
Global Affairs Canada define, shape and advance Canada’s interests and values in a complex global environment. They manage diplomatic relations, promote international trade and provide consular assistance. They lead international development, humanitarian, and peace and security assistance efforts. They also contribute to national security and the development of international law.
Global Affairs Canada is committed to eradicating global poverty and contributing to a more inclusive world through funding programs and projects and providing humanitarian assistance.
Expertise France is the French public agency for international technical cooperation. It designs and implements projects aimed at strengthening public policies in developing and emerging countries. Operating across diverse fields such as governance, security, climate change, health, and economic development, Expertise France provides technical expertise and fosters partnerships to promote sustainable and inclusive development.
The Caribbean Export Development Agency collaborates with Expertise France to enhance the region’s economic resilience and competitiveness. This partnership leverages Expertise France’s technical expertise and resources to support innovative programmes that drive economic growth. Together, we aim to foster sustainable development and empower businesses across the Caribbean through targeted initiatives.
Between 2022- 2023, a key initiative implemented in collaboration with Expertise France was the Virtual E-Commerce Accelerator Programme (VEAP). This project was designed to: enhance digital skills, boost online presence, and facilitate market access to Caribbean firms and BSOs.
Through the Virtual E-Commerce Accelerator Programme, Caribbean Export and Expertise France empowered Caribbean businesses to thrive in the digital economy, fostering innovation and driving sustainable economic growth in the region.
The Caribbean Export Development Agency (Caribbean Export) is committed to accelerating economic growth and development across the Caribbean. Our partnership with UNESCO allows us to align on shared goals of cultural preservation and socio-economic development. Through this collaboration, we aim to enhance the region’s cultural industries, support creative entrepreneurs, and foster sustainable tourism while preserving the unique cultural heritage that defines the Caribbean.
A key initiative under this partnership was the Transcultura Programme. This transformative programme was designed to:
Preserve and Promote Cultural Heritage: By safeguarding the intangible cultural heritage of the Caribbean, we ensure that future generations can appreciate and benefit from the region’s diverse cultural expressions.
Support Creative Industries: The programme provides targeted support to artists, musicians, filmmakers, and other cultural entrepreneurs, helping them thrive in a global marketplace and contributing to the region’s economic resilience.
Enhance Capacity Building: Through specialized training and capacity-building initiatives, we equip local communities with the skills and knowledge needed to leverage cultural assets for economic development.
Foster Sustainable Tourism: By integrating cultural heritage into tourism strategies, we create sustainable tourism models that benefit local economies while preserving cultural integrity.
The Transcultura Programme exemplifies the power of strategic partnerships in driving cultural and economic growth. Together with UNESCO, Caribbean Export is building a resilient and vibrant Caribbean economy that celebrates and capitalizes on its rich cultural heritage.
Explore the project page to learn more about the initiative, success stories, and how our partnership with UNESCO is supporting the cultural and economic vitality of the Caribbean.
The International Trade Center (ITC) is a joint agency of the World Trade Organization, and the United Nations dedicated to supporting the internationalization of small and medium-sized enterprises. ITC provides trade-related technical assistance and promotes inclusive and sustainable trade development, helping businesses in developing and transitioning economies become more competitive in global markets.
The Caribbean Export Development Agency (Caribbean Export) partners with ITC to enhance the competitiveness of Caribbean businesses and promote sustainable development. This collaboration leverages ITC’s extensive expertise in trade development and sustainability to support regional initiatives that drive economic growth, innovation, and environmental stewardship. Together, we are committed to building a resilient and competitive Caribbean economy.
As part of our collaboration with ITC, Caribbean Export is an active participant in the GreentoCompete Hub. This initiative aims to:
Promote Sustainable Practices: The GreentoCompete Hub supports businesses in adopting sustainable practices and green technologies, helping them reduce their environmental footprint and improve resource efficiency.
Enhance Market Access: The hub provides training and resources to help businesses meet international sustainability standards, enabling them to access new markets and meet the growing demand for eco-friendly products and services.
Support Green Innovation: By fostering innovation in sustainable business practices, the GreentoCompete Hub helps businesses develop new green products and services, driving economic growth and environmental sustainability.
Through the GreentoCompete Hub, Caribbean Export and ITC are empowering Caribbean businesses to embrace sustainability, enhancing their competitiveness in the global market while contributing to a greener future.
Tecnalia Ventures is the venture builder and innovation arm of Tecnalia, one of Europe’s leading research and technological development centers. Tecnalia Ventures focuses on transforming technological innovations into real-world solutions and viable businesses. By fostering innovation, entrepreneurship, and technology transfer, Tecnalia Ventures aims to bridge the gap between research and the market, driving sustainable economic growth and technological advancement.
The Caribbean Export Development Agency collaborates with Tecnalia Ventures to enhance innovation and technological development in the Caribbean. This partnership leverages Tecnalia Ventures’ expertise in innovation and entrepreneurship to support regional initiatives that drive economic growth and competitiveness. Together, we aim to create opportunities for technology-driven businesses and foster a vibrant entrepreneurial ecosystem in the Caribbean.
A key initiative under our partnership with Tecnalia Ventures is the EU-LAC Digital Accelerator Programme, funded by the European Union, and implemented in association with 8 other partners. This programme is designed to:
Accelerate Digital Transformation: The programme provides support to Caribbean businesses in adopting digital technologies and innovative business models, accelerating their digital transformation and enhancing their competitiveness.
Foster Entrepreneurship: Through training, mentoring, and access to networks, the programme helps entrepreneurs develop their digital ventures, scale their businesses, and attract investment.
Enhance Market Access: The EU-LAC Digital Accelerator Programme facilitates connections between the Caribbean, Latin America and European businesses, enabling them to access new markets, collaborate on innovative projects, and expand their reach.
Through the EU-LAC Digital Accelerator Programme, Caribbean Export, Tecnalia Ventures and partners are driving digital innovation and entrepreneurship in the Caribbean, empowering businesses to thrive in the digital economy and fostering sustainable economic growth.
The Inter-American Development Bank (IDB) is a leading source of development financing for Latin America and the Caribbean. The IDB supports economic development, social progress, and regional integration by providing loans, grants, and technical assistance for projects that reduce poverty and inequality. With a focus on sustainability, innovation, and inclusivity, the IDB aims to improve lives and promote economic resilience across its member countries.
The Caribbean Export Development Agency (Caribbean Export) is dedicated to fostering economic growth and development throughout the Caribbean region. Partnering with IDB allows us to leverage their extensive expertise, financial resources, and innovative approaches to address critical development challenges. Together, we aim to drive digital transformation, support entrepreneurship, and enhance the competitiveness of Caribbean economies.
A flagship initiative under our partnership with IDB is the Caribbean Digital Transformation Institute (CDTI). This initiative is designed to:
Advance Digital Skills: CDTI provides training and resources to develop digital skills across various sectors, equipping individuals and businesses with the competencies needed to thrive in a digital economy.
Support Digital Innovation: By fostering a culture of innovation, CDTI encourages the development and adoption of digital technologies and solutions that enhance productivity, efficiency, and competitiveness.
Enhance Digital Infrastructure: The programme focuses on improving digital infrastructure, ensuring that businesses and communities have access to reliable digital tools.
Facilitate E-Commerce and Digital Trade: By supporting the growth of e-commerce and digital trade, CDTI helps Caribbean businesses expand their reach, access new markets, and drive economic growth.
The Caribbean Digital Transformation Institute is a testament to the transformative power of digital technologies in driving economic and social development. Through our partnership with IDB, Caribbean Export is committed to building a digitally empowered Caribbean that is competitive, inclusive, and sustainable to support digital transformation in the Caribbean.
The Caribbean Development Bank (CDB) is a regional financial institution dedicated to contributing to the harmonious economic growth and development of its member countries in the Caribbean. CDB supports projects and initiatives that improve living conditions, reduce poverty, and promote social and economic development across the region. Through financial and technical assistance, the bank aims to enhance the productivity and competitiveness of Caribbean economies, fostering sustainable development and regional integration.
The Caribbean Export Development Agency (Caribbean Export) is focused on accelerating economic growth and development throughout the Caribbean. Partnering with CDB allows us to leverage financial resources and technical expertise to implement impactful initiatives that drive economic resilience and development. Together, we strive to create opportunities for businesses, support entrepreneurs, and enhance the overall economic landscape of the region.
A significant initiative under our partnership with CDB was the Technical Assistance Programme (TAP). This programme was designed to:
Support Business Development: TAP provided tailored support to businesses across various sectors, helping them improve their operations, increase productivity, and enhance competitiveness in both local and international markets.
Enhance Entrepreneurial Skills: Through targeted training and capacity-building initiatives, TAP equipped entrepreneurs with the skills and knowledge needed to grow their businesses and navigate the challenges of the modern economy.
Promote Innovation and Sustainability: The programme encouraged the adoption of innovative practices and sustainable business models, ensuring that enterprises thrive while contributing to environmental and social well-being.
Facilitate Access to Finance: By improving access to financial resources and investment opportunities, TAP helped businesses expand and scale, driving economic growth and job creation in the Caribbean.
The Technical Assistance Programme is a testament to the strength of collaboration in achieving shared goals. Together with the Caribbean Development Bank, Caribbean Export is dedicated to building a robust and dynamic Caribbean economy that supports business growth and sustainable development.
Compete Caribbean is a private sector development program that fosters economic growth and enhances competitiveness in the Caribbean region. The program, funded by the Inter-American Development Bank (IDB), the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO), the Caribbean Development Bank (CDB), and the Government of Canada, supports initiatives that promote innovation, productivity, and entrepreneurship. By facilitating access to finance, improving the business environment, and supporting cluster development, Compete Caribbean aims to drive sustainable economic growth and create jobs.
By partnering with Compete Caribbean, we combine our efforts to enhance the region’s competitiveness and support private sector development. Together, we implement the Caribbean Digital Transformation Institute (CDTI), which aims to drive digital innovation, improve digital skills, and foster a digitally inclusive economy. This partnership allows us to leverage resources, expertise, and strategic initiatives to achieve these objectives, ultimately building a resilient and dynamic Caribbean economy.
Headquartered in Trinidad and Tobago, Republic Financial Holdings Limited (RFHL) is the registered owner of all the banks in the Republic Group – Republic Bank Limited, Republic Bank (Guyana) Limited, Republic Bank (Barbados) Limited, Republic Bank (Grenada) Limited, Republic Bank (Suriname) N.V., Cayman National Corporation, Republic Bank (EC) Limited, Republic Bank (Anguilla) Limited, Republic Bank (St. Maarten) N.V. and Republic Bank (Ghana) Plc., Republic Bank (BVI) Limited as well as Republic Wealth Management Limited, Republic Life Insurance Company Limited and other subsidiaries. Across these markets, RFHL offers an extensive range of banking services, including credit and debit card issuance and processing, leasing, trustee services, mutual fund and investment management, and merchant banking.
In 2022 the Caribbean Export Development Agency and Republic Bank Limited entered a partnership to support regional private sector firms to build capacity. The two organisations signed a Memorandum of Understanding (MOU) to officially mark the partnership which puts in place a referral system to ensure businesses receive the assistance needed to develop, grow and create jobs.
The Caribbean Export-Republic Bank Referral System enables firms to get one-on-one support to leverage the range of services offered by Caribbean Export. This includes exclusive access to some of the Agency’s most highly demanded programmes such as ProNET, and Services Go Global as well as specialised technical programmes in intellectual property and energy management, amongst others.
LINK-Caribbean was an Investment Facilitation Project that aims to improve entrepreneur access to much needed capital with two primary objectives: 1) to enable entrepreneurs to raise capital from private investors, principally business angel investors, and 2) to develop a pan-Caribbean early-stage investment community, with a focus on angel investors in the region, institutional investors and diaspora investors via the creation of a Regional Angel Investor Network, which has now been re-branded as the Caribbean Business Angel Network (CBAN)
In the Caribbean early-stage and growth stage businesses play a critical role in sustainable economic and social development. They foster growth, innovation and prosperity and are flexible and quick to respond to market changes, such as evolving consumer tastes. This is an important asset in a globalized economy where consumers are ever more aware and informed, and increasingly in search of more customized goods and services.
Caribbean Export’s mandate speaks to increasing the competitiveness of Caribbean countries by focusing on export-led development and investment promotion. A key component of this is increasing access to finance for the private sector. In developed and emerging economies private equity financing, particularly angel investment, has played a powerful role in increasing the success of companies, especially those at the early stages of development. In the Caribbean there has been significant growth in initiatives that support entrepreneurship development, such as incubators and accelerators. There has also been a shift in services from general business support to working with entrepreneurs personally.
It is in this context that the Caribbean Export Development Agency worked together with the World Bank Group to develop LINK-Caribbean. Please note this project has now completed.
The GIZ is a global service provider for solutions in the field of international cooperation for sustainable development. The organisation is actively working in 120 countries in a wide variety of areas, such as governance reform, climate change, trade and investment, rural development and education. Since 2009, the GIZ has worked closely with two CARIFORUM partners, namely, the CARIFORUM Directorate and the Caribbean Export Development Agency (CE) to render technical assistance in the implementation of the CARIFORUM-EU Economic Partnership Agreement which is a comprehensive, reciprocal trade liberalising agreement with a sustainable development dimension. In this vein, the parties worked together towards strengthening the capacities of CARIFORUM stakeholders to contribute more effectively to harnessing the potentials and mitigating the risks associated with the agreement.
In supporting CARIFORUM firms to identify and leverage such opportunities, the GIZ has worked closely with Caribbean Export in strengthening the capacity of CARIFORUM businesses to identify and maximise trade opportunities that are provided under the CARIFORUM-EU Economic Partnership Agreement. The GIZ has been a reliable partner to CE through the years by aiding in export promotion initiatives for CARIFORUM firms through the mandate of supporting the implementation of the Economic Partnership Agreement. The most recent project, entitled “Supporting Sustainability Aspects in the Implementation of the EU Economic Partnership Agreements through critical Observation of their Execution”, was commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ) to support CE and its stakeholders as they sought opportunities within global markets.
In 2019, with the collaborative efforts of the German Import Promotion Desk and the CE, the GIZ aided in the execution of a workshop to assist CARIFORUM firms in enhancing their capacity to promote their products and services at international trade fairs. This workshop and other initiatives supported by the GIZ equipped CARIFORUM businesses, within the various sectors, with the necessary tools to engage buyers; position their product or service to potential clients and inform of the regulatory requirements for pre-packaged goods destined for Europe. Furthermore, the GIZ was an active partner in the planning, coordination and promotion of the 4th CARIFORUM-EU Business Forum held on the 26th- 28th September 2019 in Frankfurt Germany and the Virtual Business Forum held in 2020 where CARIFORUM firms showcased the best of Caribbean offerings in several sectors of interest to Europe, North America and other markets of strategic interest.
GIZ continues to value the partnership with the Caribbean Export and the diligent efforts made by both agencies towards building bridges for CARIFORUM and European businesses to meet, invest and do business in these challenging times.
The European Union promotes its values and policies in an open and equal partnership with the Governments and people of the Caribbean; to implement development and trade policies focusing on poverty alleviation and on the promotion of democracy, Human Rights and the Rule of Law as well as the smooth and gradual integration of the countries into the world economy; to deepen the political dialogue on all issues of mutual interest and to strengthen the partnership; and to support CARICOM regional integration as well as the planned development regional policies, programmes and institutions.
Regional Private Sector Development Programme III
The Regional Private Sector Development Programme III (RPSDP III) is a four-year initiative with a total budget of €12 million, co-financed by the European Union’s €8 million contribution. Building on previous programmes, RPSDP III tackles key challenges facing the region’s private sector while driving economic resilience and growth.
This programme exemplifies the European Union’s Global Gateway strategy in action within the Caribbean. Global Gateway is the European Union’s approach to bridging investment gaps in fair, green, and digital transitions by leveraging public financing to attract private capital for projects aligned with critical public policy goals.
The official signing ceremony took place on November 23, 2023.
11th EDF Regional Private Sector Development Programme
On the 23rd of March 2017 the European Union and the Caribbean Export Development Agency (Caribbean Export) signed the 11th European Development Fund (EDF) agreement worth EUR 24 Million to support regional private sector development.
Caribbean Export completed the implementation of the 11th European Development Fund (EDF) Regional Private Sector Development Programme (RPSDP) in 2023. The overall objective of the programme was to increase employment creation, inclusiveness, particularly for youth, women and indigenous groups, and overall poverty reduction in CARIFORUM states through targeted interventions that provide new and innovative frameworks for growth and development.
The previous 10th EDF Regional Private Sector Development Programme (RPSDP) was given a positive overall assessment of medium-high by the EU in their implementation of some 260 programme based activities from which over 6000 SME’s across CARIFORUM benefited. Under the 11th EDF, focus will be placed on market penetration, supply chain and intelligence frameworks, increased access to finance, the promotion of green energy and energy efficiency as key factors in lowering costs and more targeted approaches to enhancing firm capacity. An extremely critical pillar in the success of this programme will be the improvement of the business enabling environment within CARIFORUM States.
10th EDF Regional Private Sector Development Programme
Caribbean Export managed the implementation of the 10th European Development Fund (EDF) Regional Private Sector Development Programme (RPSDP) during the period 2011-2016. The overall objective of the programme was to contribute to the gradual integration of CARIFORUM countries into the World economy and by so doing enhance regional economic growth and by extension alleviate poverty.
The RPSDP is divided into five components, based on the following specific objectives:
Enhancing competitiveness and promoting innovation among CARIFORUM’s private sector.
Promoting trade and export development among CARIFORUM States.
Promoting stronger trade and investment relations between CARIFORUM, French Caribbean Outermost Regions (FCORs), and the European Union (EU) Overseas Countries and Territories (OCTs) in the Caribbean.
Promoting stronger trade and investment cooperation between the Caribbean Community (CARICOM) and the Dominican Republic.
Strengthening the institutional capacity of Caribbean Export to implement trade and investment promotion programmes in the region.
The total programme cost was estimated at €32,089,000 of which €28,300,000 was financed from the 10th EDF Caribbean Regional Indicative Programme (CRIP) in the framework of the Cotonou Agreement, and €3,789,000 by Caribbean Export through contributions from beneficiary states. The programme was signed and became effective on March 7, 2011 and was officially launched on April 20, 2011. The 10th EDF RPSDP closed on December 20, 2016.
Caribbean Trade and Private Sector Development Programme (2008-2010)
The European Union (EU) and Caribbean Export Development Agency (Caribbean Export) formally signed on May 16, 2008 the agreement which brought phase two of the Caribbean Trade and Private Sector Development Programme (CTPSDP) into operation.
EUR 6.883 million of this EUR 7.9M programme was allocated to Caribbean Export for implementation of specific projects up to 2010.
The main objective of this programme was to contribute to the gradual integration of CARIFORUM countries into the world economy and by so doing enhance regional economic growth and thus help to alleviate poverty.
The programme was to increase the international competitiveness of the private sector in CARIFORUM Member states and to help the potentially more competitive sectors. It supported the improvement of the trade environment as well as the institutional strengthening of business support organisations (BSOs) to enhance the range and quality of services delivered to their members and clients.
The expected results of the project were:
Increased competitiveness of firms through market expansion and export diversification support.
A vibrant Caribbean Business and Investment Support Network with strengthened Business and Investment Support Organisations
Greater cooperation between the CARIFORUM business sector and that of the French and Dutch Caribbean territories (DOMs and OCTs).
Increased contribution by the Caribbean business sector to the improvement of the regulatory environment for private sector development in the region through the publication of an annual report on the state of the Caribbean regulatory environment for the private sector as well as on regional foreign direct investment (FDI). This report will be presented to an annual meeting of concerned stakeholders.
Assistance with EPA preparation and implementation.
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