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

2. 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

3. 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  2007-2016 3 Targeted Beneficiaries:  Former cane farmers  Sugar workers  Residents of the sugar belt

4. 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  2007-2011 4 Targeted Beneficiaries:  Non Tertiary Institutions

5. 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  2011-2016 5 Targeted Beneficiaries:  University  BSOs  Research Institutions

6. 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

7. 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  2010-2011 seminars  CARIFORUM/EC-EPA- Opportunities and Challenges  Innovative Marketing & Promotion Strategies

8. 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

9. For More Information: ● Ministry of Science, Technology and Tertiary Education: http://www.stte.gov.tt/http://www.stte.gov.tt/ ● Ministry of Trade and Industry: http://www.tradeind.gov.tt/http://www.tradeind.gov.tt/ ● Ministry of Labour, Small and Micro Enterprise Development: http://www.molsmed.gov.tt/ http://www.molsmed.gov.tt/ ● Ministry of Finance: http://www.finance.gov.tthttp://www.finance.gov.tt ● Ministry of Food Production, Land and Marine Affairs: http://www.agriculture.gov.tt/foodproduction http://www.agriculture.gov.tt/foodproduction ● Business Development Company: http://www.bdc.co.tthttp://www.bdc.co.tt ● Ministry of Science, Technology and Tertiary Education: http://www.stte.gov.tt/http://www.stte.gov.tt/ ● Ministry of Trade and Industry: http://www.tradeind.gov.tt/http://www.tradeind.gov.tt/ ● Ministry of Labour, Small and Micro Enterprise Development: http://www.molsmed.gov.tt/ http://www.molsmed.gov.tt/ ● Ministry of Finance: http://www.finance.gov.tthttp://www.finance.gov.tt ● Ministry of Food Production, Land and Marine Affairs: http://www.agriculture.gov.tt/foodproduction http://www.agriculture.gov.tt/foodproduction ● Business Development Company: http://www.bdc.co.tthttp://www.bdc.co.tt 9

10. Questions

11. THANK YOU! Contacts Ms. Trudy Lewis Senior Trade Specialist Level 14 Nicholas Tower Tel: 623-2931/4 Ext 2113 Email: lewist@gov.ttlewist@gov.tt Website: www.tradeind.gov.tt www.tradeind.gov.tt Ms. Krysta Ramrattan Economist I Level 14 Nicholas Tower Tel: 623-2931/4 Ext. 2100 Email: ramrattank@gov.ttramrattank@gov.tt 11