Month: April 2017

Compete Caribbean Resonates Deeply Regionally

By 2017, the Compete Caribbean Program directly created over 5000 jobs and indirectly contributed to another 6000. Of the direct employment created, approximately 80% of these jobs went to women and the average labour participation of women in beneficiary firms/clusters increased by approximately 15%. Six years ago, the Compete Caribbean Program was launched with the …

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Banane D'Haiti: Fast Becoming a Reality

Haiti Originale, LLC, the company behind Banane d’Haiti, was created to encourage sustainable job creation and economic growth in Haiti. The company’s success is moored to an unshakable belief in the resilience of the Haitian people and their ability to produce first world products and services with which global brands will want to partner. Fuelled …

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Grenada's Protein from Waste Project Nominated for Awards

The Grenada Project – Protein from Waste Initiative, one of the most innovative and exciting projects under the Compete Caribbean Phase One portfolio, has been nominated for two international awards. Both nominations fall under the United Nation’s banner. The first nomination is The United Nations Climate Change Secretariat’s, Momentum for Change Lighthouse Activities which shines …

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Pomeroon: From Gold to Coconuts

Over 150 coconut farmers in the Pomeroon, Guyana have tapped into the lucrative entrepreneurial opportunity of exporting coconut water resulting in significant growth for the country and its people. In 2016, 150.2 tonnes of coconut water, valued at US$364,121, was exported and this activity has encouraged greater potential for 2017 and beyond. The coconut production …

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Is there a Gender Gap in the Caribbean?

Female participation in the management and ownership of Caribbean firms is relatively high, compared to international standards. Women-led businesses differ from other firms in the Caribbean along several characteristics, in particular, a larger presence of women in the management and ownership of the firms is often associated with smaller size, younger age, domestic ownership and …

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