2022 Annual Results Report

New partnerships and programmes implemented since 2022 include:

Compete Caribbean: The Caribbean Digital Transformation Institute (CDTI) Project

A 3-year project funded by the Inter-American Development Bank in cooperation with the Compete Caribbean Partnership Facility. The objective of the project is to establish the CDTI as a regional public good that coordinates the regional ecosystem to transform MSMEs with the adoption of digital technologies.

Inter-American Development Bank: Digital Communications Campaign to Attract Foreign Direct Investment to the Caribbean This 3-year technical cooperation seeks to increase the digital awareness and presence of Caribbean Investment Promotion Agencies (IPAs) to attract FDI from target sectors. Funded by the Inter American Development Bank (IDB) the programme will strengthen participating IPAs personnel capacity in the areas of digital marketing strategies design and implementation and implementation of digital marketing activities.

Caribbean Development Bank: Improving the Ease of Starting a Business in the Caribbean

Funded by the Caribbean Development Bank (CDB) this 1-year programme seeks to improve the processes and procedures for starting a business by focussing on the re-engineering of the business registration processes, including their digital transformation and enhance the customer services.

Tecnalia: EU-LAC Digital Accelerator The EU-LAC Digital Accelerator funded by Tecnalia is an initiative designed to contribute to innovation and digital transformation of the Latin American and Caribbean (LAC) region by accelerating multi stakeholder and private sector collaboration, competitiveness, digital skills, innovation and joint ventures between European and Latin American/Caribbean businesses in the digital area. Republic Bank Ltd: Business Capacity Building with ProNET Caribbean Export and Republic Bank Ltd signed an Memorandum of Understanding (MOU) in 2022, outlining a framework to co-operate on the provision of capacity building and training to businesses seeking financial assistance from the bank via a small business referral system.

The Agency also continues to implement the GreenToCompete programme in cooperation with ITC and has signed MOUs with several organisations to strengthen cooperation.

MOUs Signed in 2022:

CCREEE World Trade Center Miami Canning House

89% Implementation Rate

7 Programmes

Transforming to a Greener, Smarter, Resilient Caribbean | Annual Results Report - 2022 14