Background

The Compete Caribbean Program

Compete Caribbean is a private sector development program that provides technical assistance grants and investment funding to support productive development policies, business climate reforms, clustering initiatives and Small and Medium Size Enterprise (SME) development activities in the Caribbean region.

The US$ 40 million program is jointly funded by the Inter-American Development Bank (IDB),  the Canadian International Development Agency (CIDA), and the United Kingdom Department of International Development (DFID).  

Projects in the OECS countries are implemented in collaboration with the Caribbean Development Bank.

Objectives

• increased consensus and focus on strategic interventions to promote private sector development;
• an improved enabling environment for business development, trade and integration; and
• enhanced capacity of clusters and firms to increase productivity and to sustainably compete in national, regional and global markets.