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Tuesday, 27 March 2018

Caribbean Export and EU Soon Providing Grants For Caribbean Companies

The Caribbean Export Development Agency (Caribbean Export) in cooperation with the European Union is gearing up to provide grant funds to the CARIFORUM private sector. Over the next few months, Caribbean Export will be sensitising businesses and Business Support Organisations (BSOs) across the region on the process to apply under the Direct Assistance Grant Scheme (DAGS) – a reimbursement grant funding facility specifically designed to provide financial assistance to legally registered firms and individuals with the potential to export their products and services – ahead of the open call for proposals on April 23. DAGS have typically been used by companies to modernize equipment, upgrade facilities to international food and quality standards, enhance products and packaging, implement alternative energy systems, train staff, develop collateral materials, market and promote products and services for export. Caribbean Export will be training representatives from each of the CARIFORUM countries to become DAGS experts. These Country Advisors will provide assistance to businesses during the application and reimbursement stages of the programme.

Source: caribbean360

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