Signal Band | Ani Ba Yo Love [Bouyon 2018]
…GROW YOUR BUSINESS WITH DBS THE NATION STATION TODAY…
Dominican Firms Set to Get Grant Funding Following Caribbean Export Workshop
Bridgetown, BARBADOS, April 16, 2018. The Caribbean Export Development Agency (Caribbean Export) in cooperation with the European Union hosted an information and sensitization workshop in collaboration with the Dominica Export Import Agency (DEXIA) on the upcoming Direct Assistance Grant Scheme (DAGS) to ensure local businesses are fully informed and able to submit sound grant proposals.
The DAGS Sensitization workshop provided participants with the details on the DAGS, a reimbursement grant funding facility. DAGS was specifically designed to provide financial assistance to legally registered firms, individuals or Business Support Organisations (BSOs) with the potential to export their products and services.
In addition to the workshop, the Agency has trained thirty-eight (38) Country Advisors across the region to provide assistance to companies during the application and reimbursement stages of the programme. Details can be found on the Agency’s website.
The Agency announced last month that it is scheduled to open the Call for Proposals on April 23, 2018. This will be the first Call for Proposals under the scheme for the 11th EDF Regional Private Sector Development Programme (RPSDP) funded by the European Union. The scheme enables companies to submit proposals to fund a range of business development projects from the purchase of equipment for modernisation, the upgrade of facilities to meet international food and quality standards or the enhancement of products and packaging for export.
Previously companies have utilised grants to implement alternative energy systems that would reduce their production costs and make them more competitive for export and even to train staff and develop collateral materials for export marketing and promotion.