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15 Caribbean Technology Start-up Companies participate in CDB/World Bank Bootcamp

Technology Start-up

Starting and running a successful business is a challenge for any entrepreneur, but for first time start-ups, one of the major issues that they face is a lack of knowledge of basic business tools and where to turn for advice. For at least 15 technology start-up companies from Barbados, Trinidad and the Eastern Caribbean though, this is no longer an insurmountable challenge, as they recently participated in a 3-day bootcamp geared towards providing them with key tools to launch and grow their own software-based company. Hosted by The World Bank, in partnership with the Caribbean Development Bank (CDB), Devlabs, and Startup Jamaica, the bootcamp took place during February 14th-17th at the Accra Beach Hotel in Barbados. It provided participants with the basic business and product development tools and techniques needed to start a software-based company. Participants also developed actionable business plans, created websites for their products, and learnt how to scale their sales processes and generate revenue quickly. Lisa Harding, Operations Officer at CDB, noted that facilitating entrepreneurship, […]

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Reviving the Livestock Industry in Montserrat

Soufriere Hills, Montserrat

Twenty years ago, when molten lava spewed from the Soufrière Hills volcano, it seemed no industry or sector in Montserrat had been left untouched by its destructive path. Up until now, more than 70 local livestock farmers had continued to grapple with the effects of the devastation. The volcano eruption in 1995 destroyed the island’s only abattoir in the capital of Plymouth. With the slaughterhouse gone, livestock farmers found it hard to run their businesses. But on January 22, 2016, the Montserrat Abattoir at Brades officially opened the door for better livelihoods for farmers. It was built with the support of the Caribbean Development Bank’s Basic Needs Trust Fund (BNTF). BNTF provided a grant of USD400,000 and the Government of Montserrat USD100,000. “We welcome this abattoir in Montserrat as a genuine investment in our farming community,” said Hon. Claude Hogan, Minister of Agriculture, Trade, Lands, Housing and the Environment during the official opening event. The construction of the facility ends years of some farmers slaughtering animals in backyards […]

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In Belize, a better water system promises a better future

Child drinks from pipe in Santa Anna Village, Belize.

Today in the small community of Santa Anna Village, tucked away in Belize’s remote Toledo District, 90 households have woken up with access to running water. Unlike years past, there is no fear that the pipes will run dry, leaving mothers and children to trek to the nearby Moho River to fetch untreated water to meet their families’ daily needs. For the nearly 550 people who live here, having a reliable, safe supply of water also means less visits to the Village Nurse and Health Worker, who have seen and treated far too many residents with skin rashes and diarrhea. These are the telltale symptoms for men, women and children who bathe in the river and stream, particularly during the dry season. The turnaround for the villagers, 46 percent of whom live below the poverty line, has come through a Caribbean Development Bank (CDB) and Government of Belize intervention that upgraded and expanded the village’s rudimentary water system. A traditional home in Santa Anna Village, where 46% of […]

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Third Public-Private Partnership (PPP) Bootcamp to be held in Kingston, Jamaica

From February 2-5, 2016, the Caribbean Development Bank (CDB), in partnership with the Inter-American Development Bank (IDB)/Multilateral Investment Fund (MIF), and the World Bank (WB)/Public-Private Infrastructure Advisory Facility (PPIAF), will host the final of three Public-Private Partnership (PPP) Bootcamps at the Spanish Court Hotel in Kingston, Jamaica. The Bootcamps are intensive training courses for Caribbean government staff on key aspects of PPP development and implementation. The Bootcamps are part of a US$1.2 million Regional PPP Support Program, which was launched in May 2015, to build the capacity of government agencies to develop and implement PPP projects. The first of the Bootcamps was held in September 2015, in Barbados, and the second was held in November 2015, in Trinidad. Brian Samuel, PPP Coordinator at CDB, said the ultimate aim of the Bootcamps is to equip countries to capitalize on the Caribbean’s multibillion dollar PPP pipeline. “PPPs are more complex to implement than traditional public projects, and if governments are not routinely exposed to PPPs, it is unlikely they will […]

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CDB throws support behind KingstOOn 2016

Recognizing that the creative industries are important for regional economic diversification and employment generation, particularly for youth, the Caribbean Development Bank (CDB) has partnered with the World Bank and the Government of Jamaica to stage KingstOOn 2016. This 2-day Animation Conference, Marketplace and Film Festival, scheduled for March 12-13, 2016, in Kingston, Jamaica, is aimed at encouraging the growth of the animation sector in Jamaica, and the wider Caribbean.  Lisa Harding, Operations Officer at CDB, said the creative industries have the potential to contribute significantly to economic growth and diversification, poverty alleviation and inclusive social development of the region. “KingstOOn 2016 is an important mechanism which can stimulate interest and build the required capacity necessary for the emerging animation sector. It is expected that KingsTOOn will also provide participants with a platform to showcase their creativity and innovation while increasing awareness of employment opportunities in the animation industry. The exposure that will be provided can help address high levels of male and female unemployment (especially in the youth […]

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CDB launches programme to reform Education Sector in Belize

Students of the James Garbutt SDA School Choir perform the National Anthem during the launch event.

The Caribbean Development Bank (CDB) launched yesterday in Belize a programme that will build 35 new schools, benefitting 5,300 students at the pre-primary, primary and secondary education levels. The Belize Education Sector Reform Programme focuses on providing children across the country with equitable access to a quality basic education, with a goal of increasing enrolment in post-secondary and tertiary education. It is grounded in the Government of Belize’s Basic Education Sector Strategy (2011-2016) and aligns with CDB’s strategic objective of supporting inclusive and sustainable growth and development, as outlined in its 2015-2019 Strategic Plan. Officials from the Caribbean Development Bank and the Government of the Belize during a photo opportunity at the launch in Belize City on January 27, 2016. “This programme exhibits the Government of Belize’s understanding of the critical role of basic education in driving economic growth and development. CDB is pleased to partner with Belize as it embarks on this transformational journey,” said Deidre Clarendon, Division Chief, Social Sector Division, CDB, who delivered remarks at […]

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Early Childhood – Critical Period to Address Gender Stereotypes

Conversation on Gender Stereotypes

Gender stereotypes can be imposed on children from infancy, and therefore, the process of dispelling them must start in the early childhood years of development. This was a central message as the Caribbean Development Bank (CDB) hosted a Conversation on Gender Socialisation and Early Childhood Development (ECD), entitled ‘Teaching Them’, at its headquarters in Barbados on Friday January 15, 2016. The forum sought to promote and disseminate knowledge among staff members, as well as specially invited guests, on evidence-based approaches to socialising young children. Daniel Best, Director of Projects at the CDB, said that gender stereotypes must be addressed if countries in the region wish to build a competitive workforce. He noted that research has shown that as early as age 5, children begin to internalize gender expectations. “The outcomes are the adoption of stereotypical behaviours among boys and girls and persistent gender inequalities in the social and economic spheres of activities. The Bank is cognisant that critical to enhanced competitiveness in developing economies is improving production efficiency […]

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