1 EC Private Sector Development and Trade Related Assistance Programmes March 23, 2011

Outline ● National Programmes  National Sugar Adaption Strategy  Non-University Tertiary Education  Enabling Competitive Business ● Building Competitiveness in the Food and Beverage Sector ● Contact Information 2

National Sugar Adaption Strategy ● Objectives:  Diversification;  Reducing the impact of sugar reform. ● Results:  Divestment of assets;  Retraining and compensation;  Increase food production;  Suitable land use. ● Administration:  Ministry of Finance  Ministry of Food Production ● Funding/Duration  €77.144m  Targeted Beneficiaries:  Former cane farmers  Sugar workers  Residents of the sugar belt

Non-University Tertiary Education ● Objectives:  Develop a sustainable non-energy economy ● Results:  Widening access;  Financing system;  Managing system;  Restructuring the system. ● Administration:  Ministry of Science Technology and Tertiary Education ● Funding/Duration:  €27.3m  Targeted Beneficiaries:  Non Tertiary Institutions

Enabling Competitive Business ● Objectives:  Develop a sustainable non-energy economy. ● Results:  Management systems;  Improved business climate;  Diversified economy ● Administration:  Ministry of Trade and Industry;  Ministry of Labour, Small and Micro-Enterprise Development. ● Funding/Duration:  €16.34m  Targeted Beneficiaries:  University  BSOs  Research Institutions

Building Competitiveness in The Food and Beverage Sector (BDC) Increasing Market Access and Export Readiness  Co-ordinate the Industry’s Participation at the Trade Shows 6 ● Food Safety Awareness Program  Conduct Food Safety Audits  Provide Technical Assistance to manufacturers to upgrade their Food Safety System  Train and Certify persons/companies in HACCP, ISO 22000;2005,PAS220

Building Competitiveness in The Food and Beverage Sector ( Building Competitiveness in The Food and Beverage Sector (cont’d) ● Research Development and Innovation  Develop a Commercialization Model 7 ● Host Seminars  seminars  CARIFORUM/EC-EPA- Opportunities and Challenges  Innovative Marketing & Promotion Strategies

Competitiveness in The Food and Beverage Sector: R&D Grant ● Target group  All business types ● Funding/ Criteria  $500, 000  Company must be in existence and operation for at least 2 yrs  Strictly for research and innovation  Funding extends to product prototype ● Administration  Business Development Company 8

For More Information: ● Ministry of Science, Technology and Tertiary Education: ● Ministry of Trade and Industry: ● Ministry of Labour, Small and Micro Enterprise Development: ● Ministry of Finance: ● Ministry of Food Production, Land and Marine Affairs: ● Business Development Company: ● Ministry of Science, Technology and Tertiary Education: ● Ministry of Trade and Industry: ● Ministry of Labour, Small and Micro Enterprise Development: ● Ministry of Finance: ● Ministry of Food Production, Land and Marine Affairs: ● Business Development Company: 9

Questions

THANK YOU! Contacts Ms. Trudy Lewis Senior Trade Specialist Level 14 Nicholas Tower Tel: /4 Ext Website: Ms. Krysta Ramrattan Economist I Level 14 Nicholas Tower Tel: /4 Ext