Our Pillars

Pillar 1: Productivity & Innovation in Private Sector Firms

Technical assistance for projects that enhance productivity and competitiveness of Caribbean businesses under four areas:

  1. Cluster Operations: initiatives that overcome barriers related to economies of scale and competitiveness.
  2. Innovations Funds: initiatives aimed at resolving low productivity.
  3. Technology Extension Services: technical assistance to improve business management processes and production processes.
  4. Entrepreneurship: Technical assistance to institutions that provide entrepreneurial support.

Pillar 2: Enhancing the Business and Innovation Climate

Technical assistance is granted for activities that enhance the legal, institutional and regulatory framework for business and innovation.

  1. Studies aimed at identifying constraints to competitiveness, productivity, innovation and job creation.
  2. Reforms aimed at improving the World Bank’s Ease of Doing Business Index ranking.
  3. Sector level reform, capacity assessment and institutional strengthening that promotes private sector development.
  4. Expert advice for the implementation of policy reforms to improve business and innovation climate.