Local authorities here to help implement Cdn$23M CIDA small business project

Small and medium-sized enterprises in Guyana are to benefit from a four-year, Canadian International Development Agency-funded programme targeting similar business entities in six other Caricom countries for sustainable growth.

The Caribbean Local Economic Deve-lopment Programme (Cariled) Cdn$23 million project will be implemented by the Federation of Caribbean Municipa-lities (FCM) in collaboration with the Caribbean Forum of Local Government Ministers, the Caribbean Association of Local Government Authorities and the Commonwealth Local Government Forum. The project will be executed with the direct involvement of local authorities and other agencies in communities in the respective countries.

The first phase of the six-year  (2012-2018), three-phased project  will involve aggressive support for “quick start, quick win” small and medium-sized business projects in communities in selected countries for technical and other forms of support. Work in identifying such projects will be undertaken in collaboration with the local authorities.

While local governments in several Caribbean countries may well possess the physical infrastructure to support the execution of such a programme, it is felt that few of them have the necessary resources to do so. Cariled seeks to challenge local government institutions in the region to demonstrate a capacity to function effectively to support the growth of enterprise in their communities. Projects supported by Cariled will also embrace those that espouse the themes relating to gender, environment, communications and outreach, knowledge management and programme coordination.
The second phase of the project will see Cariled extend support to 30 communities in the selected countries, while working more closely at the national level in the theme areas.

In its third phase Cariled will seek to expand its work across the wider Caribbean in order to allow additional regional small and medium-sized businesses to benefit from the programme.

Cariled seeks to provide local authorities within the region with greater opportunities to contribute to local economic development. The project documentation identifies lack of policy and legislative framework, poor local and central government programme coordination, scarcity of business development expertise, limited financial resources and challenges in monitoring and evaluation as being among the reasons why local authorities do not play a more substantial role in local economic development.

More in Business


About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Get the day's headlines from SN in your inbox every morning:

Most Read This Week

  1. Back in court: In this Keno George composite photo, Barry Dataram (left) and his wife Anjanie Boodnarine at court yesterday to answer three charges including fleeing the jurisdiction.

    Dataram to serve eight years in jail after guilty plea to new charges

  2. Yansen Brusche

    Ulverston mom of four stabbed to death by children’s father

  3. Ameer Abdool Subrati

    Man dies after bandits target overseas-based couple at Herstelling

  4. US Ambassador Perry Holloway and Finance Minister Winston Jordan shake hands after the signing of the agreement yesterday.

    Guyana inks pact for reporting to IRS on holdings of US citizens

  5. Updated: Man dies after bandits attack overseas-based Guyanese at Herstelling

  6. Barry Dataram

    Datarams getaway passports had been issued to other people

  7. Bharrat Jagdeo

    Crime has never been this bad – Jagdeo

  8. Fast food lovers inside KFC yesterday

    KFC back in business

  9. Cops grilling taxi driver after passenger robbed of $6M on seawall

Recommended For You