Knowledge Management

What’s this component about?

This component develops the key information necessary for planning future private sector development and enhancing competitiveness. The projects that undertaken under this component are intended to increase regional and national consensus on the strategic and priority actions needed to promote private sector development; increase the synergies among donor-supported projects; and generally strengthen knowledge in the region by sharing best practices, lessons learned and new innovative ideas.

What can be funded?

1. This Component will finance private sector assessment reports (PSARs) in each country, using a standard methodology developed especially by the Program. The PSARs will identify, guide and prioritize the set of interventions needed in each country and those needed regionally to improve competitiveness. A regional Caribbean Report and a sub-regional OECS report will also be developed.
2. Donor matrices for each country will also be financed. The matrices will be put into an online database which will help the Program avoid duplications, inefficiencies and fragmentation and to develop synergies and maximize the impact of the development projects by improving coordination and alignment among the Donors. It is meant also to generate a constructive dialogue based on existing evidence, executed projects and lessons learned with national and regional stakeholders.
3. Projects that generate knowledge such as studies in strategic sectors, forums to exchange cutting edge knowledge and innovation, events that bring key practioners and thinkers together to share lessons learned and best practices.

Who can apply?

The PSARs and Donor Matrices will be undertaken in conjuction with national governments and regional agencies. Other proposals for projects can be made by Government agencies and departments; the OECS Secretariat and CARICOM Secretariat; and private sector entities collaborating with a government agency responsible for private sector development.