The Caribbean Export Development Agency (Caribbean Export) is currently implementing the 11th European Development Fund (EDF) Regional Private Sector Development Programme (RPSDP), which began in 2017 and will end in 2021.
The overall objective of the programme is to increase employment creation, inclusiveness – particularly for youth, women and indigenous groups and reduce overall poverty in CARIFORUM States. Through targeted interventions, the Agency seeks to achieve three specific objectives in support of the overall goal:
- To build private sector capacity at the firm level to increase export competitiveness;
- To strengthen business support organizations (BSOs) capacity to provide greater support to the private sector; and
- To strengthen regional mechanisms aimed at promoting effective public-private dialogue (PPD) to develop a more effective business enabling environment.
As a DAGS 2018 recipient, Young Island Resort increased revenue and sales (including export sales) by 16%. Download the case study to learn more about the impact of the grant funding.