Banner
Almost $80,000 in Grant Available for Local Businesses Print E-mail
( 1 Vote )
Written by Administrator   
Thursday, 11 April 2013 00:00

Kirk Brown explaining application process to participantsIn collaboration with the Belize Trade and Investment Development Service (BELTRAIDE), the Caribbean Export Development Agency (Caribbean Export) held a workshop in Belize at the Radisson on Wednesday, April 10, for private sector representatives interested in applying for grant funding under its Direct Assistance Scheme.


The Direct Assistance Scheme is a program funded by the European Union’s 10th European Development Fund (EDF) and implemented by Caribbean Export which is the regional export and trade development organization of the Forum of Caribbean States (CARIFORUM). The objective of the scheme is to enhance competitiveness and promote innovation among the private sector in CARIFORUM countries. 

Over fifty individuals attended the workshop on Wednesday during which Kirk Brown, Senior Grant Advisor, explained the application process step by step. In order to qualify for a grant of anywhere between $13,000 and $79,000 under the Direct Assistance Scheme the business must be registered and operational in Belize or one of the other CARIFORUM countries for at least two years. Applicants must be in the business of Alternative Energy, Agriculture, Agro-Processing, Creative Industries, Health & Wellness, Information Communication Technology, Manufacturing, Professional Services or Tourism. The business must be exporting or demonstrate their potential to export goods and services. Caribbean Export will only cover 70% of the total project budget.

Those who were unable to attend the workshop on Wednesday may contact BELTRAIDE or the Belize Chamber of Commerce and Industry for an overview of the Direct Assistance Scheme. They can also visit www.carib-export.com for more information.