CARIBBEAN-FINANCE-OECS urges MSMEs to apply for matching grants

The St. Lucia-based Organisation of Eastern Caribbean States (OECS) Commission says it will launch the second call for proposals for the regional MSME matching grants programme on Friday, saying the initiative presents a golden opportunity for blue economy entrepreneurs.

The programme is a flagship component of the Unleashing the Blue Economy of the Caribbean (UBEC) Project, which seeks to strengthen blue economy value chains, promote sustainable entrepreneurship, and improve livelihoods across the OECS.

The Commission says that by supporting MSMEs in fisheries, marine tourism, and waste management, the programme not only drives economic growth but also contributes to environmental sustainability and food security.

Funded by the World Bank and implemented by the OECS Commission, ‘UBEC is building a resilient, competitive, and sustainable Blue Economy across the Eastern Caribbean,’ the Commission said.

It said that micro, small, and medium enterprises (MSMEs) operating in fisheries, marine tourism, and waste management now have the chance to strengthen and expand their businesses with grant funding ranging from US$5,000 to US$25,000. T

The Commission said that the project is already transforming businesses and improving livelihoods in Grenada, St. Lucia, and St. Vincent and the Grenadines, with MSMEs in the three participating islands already being awarded grants from the previous call for proposals earlier this year.

‘The regional MSME matching grants programme continues to make significant strides in advancing blue economy efforts within the OECS. To date, 28 grants valued at over US$500,000 have been awarded to MSMEs,’ said UBEC’s senior grants advisor, Kyle Garnes.

‘In addition, the programme has begun delivering tailored capacity-building and training services to MSMEs in waste management, fisheries, and tourism. Training has already commenced in St. Lucia, with more than 25 MSMEs actively participating, while rollouts in Grenada and St. Vincent and the Grenadines are scheduled for the weeks of October 13, and October 20.’

The Commission said that individual MSMEs in the three OECS countries may be may be eligible if they are legally registered and have been in operation for at least two years, with supporting financial or bank statements.

GUYANA-TRADE-Guyana officially launches GuyExpo 2025

Guyana has officially launched GuyExpo 2025 calling for large and small-scale businesses and entrepreneurs to take the opportunity to showcase their products to local and international customers.

The November 13-16 event will be held under the theme ‘Transformation Through Entrepreneurship and Innovation’ and Tourism, Industry and Commerce Minister, Susan Rodrigues said this year’s event will have new features to enhance its impact describing GuyExpo as both a legacy and a living platform that must evolve with the country’s rapidly changing economy.

Minister of Tourism, Industry and Commerce Susan Rodrigues addressing the launch of GuyExpo 2025.

‘Guyexpo is unmatched in terms of exposure; it offers a rare platform to showcase products and services not only to local consumers but to international investors and partners,’ Rodrigues told the ceremony on Monday night, noting that even with the changes, the exposition will still promote the economy’s dynamism while preserving its core identity.

‘We are creating a dedicated space for businesses and investors to engage in serious conversation about collaboration and expansion.

‘The vision is not only to sustain the legacy but to reimagine and elevate this national showcase, ensuring that it remains relevant to the dynamism of the economy while preserving its core identity,’ she said

She said this networking component will be supported by the Guyana Office for Investment (Go-Invest), whose expertise will be pivotal in linking entrepreneurs with investors.

‘The physical layout of the expo will also undergo a transformation, while the traditional elements that Guyanese have come to cherish, such as the vibrant food courts, the children’s area and tourism village, will remain. These features will be enhanced for greater prominence and impact,’ Rodrigues explained.

The organisers say businesses that have grown with GuyExpo in the past three decades will also be honoured, while illuminated signs and improved directional systems will be introduced.

‘GuyExpo is unmatched in terms of exposure. It offers a rare platform to showcase products and services not only to local consumers but to international partners and investors,’ Rodrigues stressed, encouraging private sector players to seize the opportunity.

Rodriques said that while GuyExpo is being supported by the government, the private sector will be integrally involved in the trade exhibition that was first launched in 1995 and has been the longest-standing trade expo in Guyana, attracting hundreds of exhibitors each year.

CARIBBEAN-AGRICULTURE-CARICOM agriculture ministers meeting in St.Kitts-Nevis

Caribbean Community (CARICOM) agriculture ministers meet here on Tuesday focusing on a wide range of issues including the status and trends in fisheries and aquaculture production, trade, and employment; initiatives to combat illegal, unreported, and unregulated (IUU) fishing and a new grievance redress mechanism for the Belize-based Caribbean Regional Fisheries Mechanism (CRFM).

The meeting forms part of the activities for the 19th Caribbean Week of Agriculture (CWA 2025) that got underway here on Monday with St. Kitts and Nevis Agriculture, Fisheries and Marine Resources Minister, Samal Duggins, highlighting the central role of agriculture in regional development and resilience.

Agriculture Minister, Samal Duggins, addressing the opening of the Caribbean Week of Agriculture (CWA 2025)

‘Agriculture is not just another sector. It is the very lifeblood of our people. It is the guarantee that every family can access healthy and nutritious food,’ he said in his feature address, reflecting also on the CWA 2025 theme ‘Sowing Change, Harvesting Resilience: Transforming our Caribbean Food Systems for 2025, saying that the ‘seeds we plant here today, the policies we shape, the partnerships we build, will determine the resilience and the prosperity that we shall reap tomorrow’.

He urged regional leaders to confront long-standing challenges and elevate the agricultural agenda.

‘Our region has not always given agriculture the priority it deserves. Too often, it has been seen as a last resort, rather than recognised as a pillar of sovereignty and a pillar of growth,’ Duggins said, outlining efforts being made locally including the food import reduction programme, which prioritises local investment to increase the production of high-demand crops such as bananas, plantains, coconuts, and pineapples..

‘We are scaling climate-smart practices, expanding agro-processing, and empowering our youth and women to lead in this very transformation,’ he said, acknowledging the importance of unified regional efforts and emphasising the value of South-South cooperation, particularly through strengthening relationships with African nations.

He said the twin island Federation has been actively forging closer ties with countries like Nigeria and that such South-South collaboration enables shared learning in climate-smart agriculture, the creation of cross-continental value chains, and the development of deeper trade and innovation networks.

The agriculture ministers meeting, which will be chaired by Anguilla’s Minister of Economic Development, Industry, Commerce, Lands, Planning, Water, and Natural Resources, Kyle Hodge, will also discuss a regional training and capacity needs assessment being undertaken by the CRFM with support from GRÓ-Fisheries Training Programme (FTP), under the auspices of the United Nations Educational, Scientific and Cultural Organization (UNESCO), as well as south-south cooperation with China.

The ministers will also receive updates and provide policy guidance on regional initiatives to address climate resilience and blue economic growth. These include the Global Affairs Canada-funded Sustainable Technologies for Adaptation and Resilience in Fisheries (STAR-Fish) Project; the GEF/CAF/FAO/CRFM BE-CLME+ Project: Promoting National Blue Economy Priorities through Marine Spatial Planning in the Caribbean Large Marine Ecosystem Plus (BE-CLME+); and the New Zealand Bioeconomy Science Institute: Plant and Food Research Group/CRFM Sargassum Products for Climate Resilience in the Caribbean Project.

Meanwhile, the Organisation of Eastern Caribbean States (OECS) will this week launch its landmark Common Apiculture Policy coinciding with the 9th OECS Council of Ministers: Agriculture meeting.

The policy, developed under the EU-funded BioSPACE Programme in collaboration with regional partners, seeks to protect bees as vital pollinators while strengthening the apiculture sector through sustainable practices, standardized approaches, and research-driven strategies.

‘We are going to have a technical paper and presentation presented within CWA so this is something that will be very pertinent for people like beekeepers, people who want to get into the apiculture space and policy makers,’ said Beekeeper at the Department of Agriculture here, Monroe Tweed.

‘What it is basically it is a document about how we would like to flesh out how we (standardise) beekeeping in the region and not just in St. Kitts but this is a document that’s been building up for a number of years with baseline studies funded by Small Grant Programs (SGPs)

‘We would also like to do an IPM which is an Integrated Pest Management paper because bees have their own pests, especially in the climate that we are in. It is an agricultural venture now so we must consider that as good stewards of bees.’

As part of the celebrations, the OECS-CARICOM Caribbean Honey Show will also be featured during CWA 2025, offering patrons the opportunity to taste and purchase honey and related products, including soaps made from beeswax, honey cocktails, pastries, and more.

On Wednesday, the CRFM will partner with the local Department of Marine Resources and the National Fisherfolk Organization to convene the Caribbean Small-scale Fisheries and Aquaculture Forum.

ST. LUCIA-FLOOD-World Bank funding to reduce flooding in St. Lucia

The World Bank Tuesday said it has approved a new project to reduce flood risk in St. Lucia’s most vulnerable communities.

The Washington-based financial institution said that the US$25 million St. Lucia Urban Resilient Flood Investment Project is expected to benefit an estimated 67,000 St. Lucians.

The bank’s International Development Association (IDA), which provides grants and zero to low-interest loans to help countries finance projects that support economic growth, reduce inequalities and improve living conditions, is funding the project.

The World Bank said St. Lucia faces serious risks from hurricanes, storm surges and heavy rainfall and that the country’s steep terrain and densely populated coastal areas make flooding a major concern, particularly as climate change leads to more intense and frequent storms.

It said flood risk is highest in St. Lucia’s low-lying coastal zones, where nearly 60 per cent of the population live and where key infrastructure like airports, the seaport and major roads are located. Castries, the capital, and Anse La Raye, a fishing village, are especially vulnerable to flooding.

‘This project equips St. Lucia with the tools it needs to better manage and reduce the risks of flooding,’ said Lilia Burunciuc, the World Bank’s Director for the Caribbean.

‘By strengthening disaster preparedness and investing in climate-resilient infrastructure, Saint Lucia is taking important steps to safeguard its people, economy and vital assets from the growing impacts of climate change,’ she added.

The project aims to reduce flood risk in selected areas and strengthen the government’s ability to manage climate-related risks. Importantly, it will focus on Castries, Anse La Raye and their river basins.

‘Infrastructure investments in Castries and Anse La Raye aim to enhance resilience to flooding and climate hazards. Rather than relying solely on traditional engineering solutions like drainage improvements and flood walls, the approach also incorporates nature-based measures such as green corridors and river restoration.

‘Project investments are designed to establish economic opportunities which enable job creation. By the end of the project, 66,400 people are expected to benefit from climate-resilient infrastructure and improved government capacity for managing climate-related risks.’

The World Bank said that the project will also seek to improve the government’s capacity to manage climate impacts, support engineering designs for flood mitigation and enhancing early warning systems and community coordination.

Preparation for this project benefited from financial support from the European Union, the frame of the EU Resilient Caribbean (EUReCa) Programme, which is managed by the Global Facility for Disaster Reduction and Recovery (GFDRR). This reflects a broader international partnership to build resilience across the Caribbean.