Badly in need of financial and other forms of support to stabilise their substantively weak medium and small enterprises (MSE’s), as well as to support the arduous post-Covid-19 process, business owners will benefit from the intervention of a triumvirate comprising two regional development support institutions, the Caribbean Export Development Agency (Caribbean Export) and the Caribbean Development Bank (CDB) along with the European Union (EU) to provide them with financial assistance to help retool and preserve jobs that have been threatened by the Covid-19 pandemic.
The disclosure, made early last week, brings together a development support partnership that has already made a mark with medium and small businesses in the region.
The current initiative reportedly represents the fourth round of grant support funded by the EU under a €30.8 million Regional Private Sector Development programme being implemented by Caribbean Export.
