Case Study - Naledo Foods & Beverages Inc.

KEY RESULTS

Building on a foundation of targeted support and sustained engagement through Caribbean Export and European Union-funded programmes, Naledo Foods & Beverages Inc. has achieved significant outcomes in its export development journey. Through participation in international trade shows, market intelligence training, and capacity-building initiatives, the company has strengthened its export readiness and expanded its reach into new, high-value global markets. By leveraging key connections and insights gained at tradeshows in Seattle, London, and Germany, Naledo successfully entered export markets including Canada, California, Switzerland, Jamaica, Gua temala, and the United Kingdom. Products are distributed through both major retail networks and online platforms such as Amazon, broadening accessibility and visibility. This strategic market pene tration helped drive Naledo’s revenue to a pre-pandemic peak of $300,000 USD . While revenues were significantly affected by the COVID-19 pandemic, the company demonstrated resilience—rebound ing to $200,000 USD in the post-pandemic period . To meet the stringent requirements of international buyers and sustain its growth trajectory, Naledo has pursued and secured globally recognized certifications such as B Corp, SEDEX, SMETA, and compliance with FedEx standards . These certifications have positioned the company to build trust with partners and retailers in competitive export markets. Further certifications are currently under way to enhance global competitiveness. Despite facing substantial challenges during the pandemic, Naledo has remained committed to its inclusive business model and sustainability goals. With ongoing support from Caribbean Export, the company has worked with over 200 smallholder farmers in Belize during the past six years —pro viding above fair-trade prices—and maintains a workforce that is paid well above the national minimum wage . Employees also benefit from continuous training in food safety and operational excellence, with many empowered to launch entrepreneurial ventures of their own. These efforts underscore Naledo’s broader mission to foster economic empowerment and social impact through agro-processing innovation.

DEVELOPMENT INDICATOR

BASELINE (2018)

2020

CURRENT (2024 EST.)

CHANGE

Annual Revenue

$250,000 USD 40,000 USD $200,000 USD Resilience post-COVID-19

Export Markets 3

2

Diversified access +100% inclusion growth

5+

Smallholder Farmers Engaged Daily Production Capacity Certifications Achieved

20

200

200

500

x2 growth, scale-up in progress

250 units

500 units (target: 5,000)

B Corp

Access to international buyers

None

B Corp, SEDEX, SMETA

CASE STUDY: NALEDO FOODS & BEVERAGES INC.

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