Implementation of the 10th EDF Regional Provate Sector Programme

ENHANCING COMPETITIVENESS AND PROMOTING INNOVATION

10TH EDF RPSDP DAGS BENEFICIARY FIRMS PARTICIPATING IN REIMBURSEMENT TRAINING

provide CARIFORUM firms with a better understanding of the roles that branding and packaging play in developing a successful enterprise, as well as introduce participants to various concepts and tools, that will aid in improving their company’s image and appeal for their products. Accordingly, the training was divided into 10 topic areas, ranging from market insight and brand narratives, to retail analysis and packaging design. Overall, 151 beneficiaries participated in the training. InMayandJune2015,CaribbeanExport, in partnership with the World Bank’s infoDev, commenced training in Angel Investment to regional entrepreneurs. With workshops in Barbados, Jamaica and Saint Lucia, the Agency saw participation from 61 CARIFORUM firms. The workshops were undertaken to provide regional entrepreneurs and BSOs with training in best practices methods of engaging angel investors including an introduction to finance options, valuations, use of investment proceeds, creating a winning pitch deck and finalising the investment. Immediate outcomes of the training included increase in knowledge by participants on how to engage angel investors. Further, 75% of all participants indicated that intended to apply to an angel group and pitch their business ideas, as they were aware of the groups that exist and felt more confident in exploring this alternative Angel Investment Training

COUNTRY

NO. OF FIRMS

Antigua and Barbuda

4

Barbados

17

Belize

5

Dominica

2

Dominican Republic

10

Grenada

5

Guyana

8

Haiti

5

Jamaica

27

St. Kitts and Nevis

5

St. Lucia

17

St. Vincent and the Grenadines

6

Suriname

8

Trinidad and Tobago

12

Brand Development and Packaging Workshop

Resources Management, Cost and Financial Management, Export Marketing; and Energy Management and Renewable Energy. During the period 2012 - 2016, 660 SMEs from 10 CARIFORUM States were trained. Overall, there are 30 certified trainers, including fourmaster trainers, qualified to deliver ProNET within the region.

In July2013, CaribbeanExport executed the inaugural Brand Development and Packaging workshop. This programme, developed in conjunction with internationally recognised Brand42 and Rhodes & Lauristen, sought to

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