Caribbean Export Brings Regional Designers to CARIFESTA XIII

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At this year’s CARIFESTA XIII hosted in Barbados, the Caribbean Export Development Agency (Caribbean Export) will be facilitating the participation of designers and artisans from across CARIFORUM within their Design Caribbean and Caribbean Essence export promotion platforms.

The assistance, in the tune of €50,000 is funded by the European Union (EU) via the 11th EDF Regional Private Sector Development Programme (RPSDP), will allow seven fashion designers and four artisans to showcase their creations at the Grand Market & Buyers Shopping Mall from August 19-27 at the Lloyd Erskin Sandiford Centre, Barbados.   The Agency is further supporting the participation of 10 buyers from the EU to attend the event and discover the wealth of products available for the export market.

CARIFESTA is a unique Caribbean festival that celebrates the diverse cultural expression of the Region’s artists and artisans in fashion, food, festivals, the Arts (visual and theatrical), and art and craft. CARIFESTA has been a Regional staple of Caribbean cultural celebrations since it came onto the scene in 1972 when it was first hosted in Georgetown, Guyana. Throughout the years, various Caribbean countries have played host to this Regional festival and Barbados will be doing so for a second time in history with this year’s event under the theme: “Asserting Our Culture, Celebrating Ourselves.”

Caribbean Export’s Services Specialist Allyson Francis asserted that the Agency is “pleased to be able to play a role in supporting this unique festival and facilitate some of the Region’s most eligible cultural actors and creative to exhibit their cultural goods and services.”

Companies participating within the Design Caribbean stand will be Expressions des Arts from Haiti; Eco-Truffles Lavish Body Treats from Trinidad and Tobago; Touch By VLS from Jamaica and Earth Mother Botanicals Ltd from Barbados.  Within the Caribbean Essence fashion pavilion participating companies will be ASD Clothing and Illustration and Keneea Linton Designs Limited from Jamaica; David Andre Collection from Haiti; Heather Jones International from Trinidad and Tobago; Laurenth Industrial from the Dominican Republic; and Kimmystic.Clo and Peta Odini from St. Vincent and the Grenadines.

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Regional Investor of the Year Awards 2015/16

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The inaugural Regional Investor of the Year Award launched in September 2013 in collaboration with the Caribbean Association of Investment Promotion Agencies (CAIPA). The awards were designed to highlight the contribution of both local investors within the region and foreign investors to the region.   A regional investor is defined as an investor into one or more of the aforementioned territories in the region.  These investors are key participants in regional economic growth and their contributions include the creation of job opportunities, adherence to high standards of corporate social responsibility, notable monetary spending and significant fiscal support to economies through the payment of corporate taxes.

The Regional Investor of the Year Award also seeks to recognize investors in strategic areas of importance to the region, e.g. green energy, research and development, projects that involve a high degree of innovation and creativity and those that are championed by women.

The awards presented include: Local Investor of the Year, Foreign Investor of the Year, and a Special Awards based on the assessment of the Evaluation Committee.  An overall Regional Investor of the Year is selected from the winners of these categories. The awards serve not only to laud those who, in spite of a challenging economic environment have continued to lend vital support to both burgeoning and established industries in the Caribbean, but to encourage other investors to do the same.

RIYA 2015/16 – Award Winners

The RIYA 2015-2016 turned its attention to innovation bringing focus to the local and foreign investors in the region who have invested in a new idea, introduced a new device to the market, created an invention or introduced new practice methods that have been translated into a goods or service creating value, satisfying a specific consumer need and has created significant socio-economic impact. A special award was also given to a young investor in innovation whose investments are particularly noteworthy.

Regional Investor of the Year and Special Award – Kikaboni (Healthy Flow Agroindustrial SRL)

Local Investor of the Year – DU BOULAY’S BOTTLING CO. LTD.

Foreign Investor of the Year – Lenstec Inc.

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