BASSETERRE St. Kitts, July 9th, 2013 -- Caribbean Export Development Agency (CEDA), in collaboration with the Ministry of International Trade, through its National Entrepreneurial Development Division (NEDD) and the Economic Partnership Agreement Implementation Unit (EPA IU), will be hosting a Direct Assistance Grant Scheme (DAGS) workshop on Thursday 18th July at the Ocean Terrace Inn, from 9am to 4pm.
The main objective of this one-day workshop is to equip firms and Business Support Organizations on how to prepare an application for a grant under the Caribbean Export Direct Assistance Grant Scheme.
Firms applying for such grants must meet the following criteria:
i. Be a firm (i.e. entity, individual or company) legally registered and operating in a CARIFORUM member state; or
ii. Be a legally registered Business Support Organization (BSOs) in a CARIFORUM member state partnering with at least two (2) private sector firms;
iii. Be firms trading and operational for at least two (2) years supported by last two years financial statements/accounts (no start-ups)
iv. Be able to finance and sustain their projects fully at the beginning; that is 100% financing is available prior to project initiation; and
v. Be exporting or demonstrate their potential to export goods and services;
Caribbean Export Development Agency is seeking through this intervention, to ensure that the citizens of St. Kitts & Nevis are more knowledgeable about the various processes necessary in applying for such grants, with the aim of ultimately increasing the volume of grant funds coming to the Federation.
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