Overview

WHO WE ARE

The Caribbean Development Bank (CDB or “the Bank”) and the European Union (EU) entered into an agreement to administer the CARIFORUM-EU Economic Partnership Agreement (EPA) and Caribbean Community (CARICOM) Single Market and Economy (CSME) Standby Facility for Capacity Building.

The 11th European Development Fund (EDF) is financing the Facility which is being implemented by CDB.

 

WHAT WE DO

Through this partnership 15 countries have access to over EUR350,000 each in assistance and expertise to implement local projects to improve trade, the economy and lives of their citizens. The fund supports enhancement of each country's ability to increase the sale of its goods and services in Caribbean and European markets. Over four years activities being executed by government departments, business support organisations and ministries involved in integration and trade will work with CDB to advance the CSME and the EPA (the EUs trade and development agreement with regional governments) with financing and support from the Standby Facility.

 
Photo of colourful painting in artist studio

Projects

There are five approved projects being implemented impacting the Organisation of Eastern Caribbean States (OECS), the Barbados National Standards Institution, the National Certification Body of Jamaica (NCBJ), the Dominica Bureau of Standards, the Saint Kitts and Nevis Bureau of Standards and the Jamaica Business Development Corporation (JBDC) respectively.

CARICOM IMPACS is managing the Establishment of an Integrated Border System for the Organisation of Eastern Caribbean States Project which is seeking to increase trade across borders in the OECS, CARIFORUM and the EU. More here 

The CARICOM Regional Organisation (CROSQ) is supervising the Strengthening of Regional Quality Infrastructure Programme in Barbados, Dominica, and Saint Kitts and Nevis Project. This is a USD874, 932 project to increase business competitiveness, strengthen manufacturing and reduce production costs.  

Barbados Port Inc (BPI) is implementing the Establishment of a Barbados Port Community System Project intended to increase the efficiency of trade across borders through digitalization at the Port of Bridgetown. 

The National Certification Body of Jamaica (NCBJ) will benefit from the project entitled the Expansion of Certification Services by the NCBJ intended to improve food safety management systems and export capacity of businesses in agro-processing. 

The Jamaica Business Development Corporation (JBDC) is managing the Increasing the Export Capacity of Micro and Small Agro-Processors Using the Cluster Approach Project which will strengthen the capacity for export of agro-processors, farmers and manufacturers and others along the value chain with special focus on women.

Resources

Procurement Resources

For ease of reference all relevant procurement resources for grant recipients are available at links below.

  1. Procurement Procedures
  2. Request for Expression of Interest (Individual)
  3. Evaluation Report Template
  4. Procurement Plans
  5. Other Procurement and Disbursement Resources

Quarterly Project Reporting Template

Monitoring for results is an integral part of the Standby Facility’s implementation.  Project Co-ordinators can access the quarterly project report template here.

Applications

Applications for the facility are now closed.

Countries eligible for funding are Antigua and Barbuda, the Bahamas, Barbados, Belize, Dominica, the Dominican Republic, Grenada, Guyana, Haiti, Jamaica, St. Lucia, St Vincent and the Grenadines, St Kitts and Nevis, Suriname and Trinidad and Tobago.

Bankable projects are at varying stages. To date projects for implementation in Jamaica, Trinidad and Tobago, Barbados, Dominica, St Kitts and Nevis, Antigua and Barbuda, Grenada, St Lucia and St Vincent and the Grenadines have been approved by the Standby Facility Steering Committee. They are the Establishment of a Trade Facilitation Enquiry Point Project, the Building a Quality Culture in Trinidad and Tobago - Implementation of the National Quality Policy Project, the Strengthening of the Regional Quality Infrastructure Programme in Barbados, Dominica, and St Kitts and Nevis Project, the Establishment of a Barbados Port Community System Project, the Expansion of Certification Services by the National Certification Body of Jamaica Project, the Increasing the Export Capacity of Micro and Small Agro -Processors Using the Cluster Approach Project and the Establishment of Integrated Border Systems for the Organisation of Eastern Caribbean States Project.      

CONTACT

Cassie Ann James
Communications Officer

Related News & Events

PARTNERS

European Union flag
CARICOM logo