Bridgetown,
BARBADOS, May 2, 2019.The Caribbean Export Development Agency
(Caribbean Export) in cooperation with the European Union is
accepting proposals from CARIFORUM firms for grants of up to €30,000
the equivalent of approximately $33,000 USD, under their 2nd
Call for Proposals for the DIRECT ASSISTANCE GRANT SCHEME (DAGS).

In
the 2018, 1st Call
for Proposals over €2,1Mwas awarded to fifty-three (53)
CARIFORUM firms that successfully applied for a grant. Businesses
from a range of sectors including agro-processing, manufacturing,
tourism, services, wood products, renewable energy, film and tv
production, information technology and alcoholic beverages were
awarded grants.

“We
were encouraged to see the diversity of proposals from companies
looking for a grant” shared Damie Sinanan – Manager,
Competitiveness and Export Promotion at Caribbean Export. “This
time we have reduced the maximum value of the grants available in an
effort to provide more grants to firms and make it more accessible”
he continued.

The DAGS is reimbursement
grant funding facility causing firms to fund their projects upfront
and be reimbursed at their completion. The fund was specifically
designed to provide much needed financial assistance to legally
registered CARIFORUM firms and individuals that are exporting or have
the potential to export their products and services.

This latest Call for
Proposals is open until June 11, 2019 and interested companies are
asked to visit the Caribbean Export website at www.carib-export.com
for further information.

About
Caribbean Export

Caribbean
Export is a regional export development and trade and investment
promotion organisation of the Forum of Caribbean States (CARIFORUM)
currently executing the Regional Private Sector Programme (RPSDP)
funded by the European Union under the 11th
European Development Fund (EDF) Caribbean Export’s mission is to
increase the competitiveness of Caribbean countries by providing
quality export development and trade and investment promotion
services through effective programme execution and strategic
alliances.

More
information about Caribbean Export can be found at
www.carib-export.com.
Contact: JoEllen Laryea, PR and Communications, Caribbean Export
Development Agency, Tel: +1(246) 436-0578, Fax: +1(246) 436-9999,
Email: jlaryea@carib-export.com