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10TH EDF RPSDP DAGS BENEFICIARY FIRMS PARTICIPATING IN

REIMBURSEMENT 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

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.

Brand Development and Packaging

Workshop

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

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.

Angel Investment 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

ENHANCING COMPETITIVENESS

AND PROMOTING INNOVATION