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7
Caribbean Export and EPA Implementation in the Caribbean Services Sector
ACCESS TO FINANCE
on economies of scale; and promote
programmes which will impact on
underdeveloped areas or disadvantaged
sectors within the region.
Following the Calls for Proposals under
the 10th EDF RPSDP, 74 firms within
the services sector were awarded grant
contracts totalling €1,626,526.11
or 28% of the funds awarded. The
firms represented 13 CARIFORUM
States
(Figure 1)
, with 52% being
female-owned firms. Awardees
operate within the Creative Industries,
Health and Wellness, Information
and Communication Technologies,
Professional Services, and Tourism
sectors
(Figure 2)
. The full list of
grantees is available at Appendix 1.
Antigua & Barbuda
Barbados
Belize
Dominica
Dominican Republic
Grenada
Guyana
Jamaica
St. Kitts & Nevis
St. Luci
a
St. Vincent & The Grenadines
Suriname
Trinidad & Tobago
7
13
1
3
3
4
1
14
4
8
7
1
8
Figure 1: Allocation of Direct Assistance Grant to Service Sector Firms by Country
Figure 2: Direct Assistance Grants Awarded by Industry to Services Sector Firms
Creative Industries
Health & Wellness
Information &
Communication Technology
Business Support
Organizations
Tourism
Professional Services
19%
7%
5%
8%
17%
44%