Eastern Caribbean Business Resilience Challenge

Applications are now open for the Eastern Caribbean Business Resilience Challenge!

Applications will be reviewed on a rolling basis. The deadline for final submission of applications is June 1, 2023.

The Opportunity

Access:

  • Flexible funding options on terms catered to your capital needs.
  • Workshops and seminars.
  • Assistance creating bankable business proposals.

Who should apply:

Small- and medium-sized enterprises (SMEs), complementary initiatives or projects, and other organizations seeking to make capital investments that are operating in the Eastern or Southern Caribbean.

Eligibility Requirements

  • Be operating in one of the eligible countries.
  • Have revenue/financial streams that will produce a rate of return.
  • Have an idea or business model to increase business and/or community resilience to disasters.
  • Be able to receive loan funding.
  • Be able to provide historical financial information.

Eligible Countries

Antigua and Barbuda, Barbados, Dominica, Grenada, Guyana, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, The Bahamas, and Trinidad and Tobago.

For more information, please visit this page.

Caribbean Corporate Investment for Resilience

This Challenge is part of USAID’s Caribbean Corporate Investment for Resilience Initiative (CCIR). To learn more about the CCIR Blended Finance Mechanism, read the factsheet.

The CCIR Blended Finance Mechanism is being managed on behalf of the USAID Bureau of Humanitarian Assistance by PM Consulting Group, CollaborateUp, Pan American Development Foundation, and TOTAL Impact Capital.

Stay in the Loop with CCIR!

Follow us on Facebook for updates! Learn more about the broader CCIR Coalition led by the Global Knowledge Initiative, and sign up to receive CCIR updates in your inbox.

Past Webinars/Trainings

Accessing the CCIR Blended Finance Mechanism – Barbados

Join this session with the Small Business Association Barbados and the CCIR Blended Finance team to learn how you can access up to $100,000 USD in concessional loan financing and technical assistance to increase disaster resilience for your business or community.

Accessing the CCIR Blended Finance Mechanism – St. Kitts and Nevis

Join the SEDU Nevis, USAID, and the CCIR Blended Finance Mechanism team for this webinar to gain insight into how to apply for the Eastern Caribbean Business Resilience Challenge.

Accessing the Blended Finance Mechanism – Dominica

Join the Dominica Association of Industry and Commerce, the Dominica Youth Business Trust, the National Development Foundation for Dominica and USAID for this webinar to gain insight into the CCIR Eastern Caribbean Business Challenge.

Eastern Caribbean Business Resilience Challenge Regional Launch Webinar – Trinidad and Tobago

This webinar with USAID and the Trinidad and Tobago Coalition of Service Industries aims to provide small and medium business, coalitions, and NGOs with revenue-generating streams with information on how and why we are investing in disaster resilience, benefits that care be accessed through the Eastern Caribbean Business Resilience Challenge, and how to apply. Applicants to the Challenge can access workshops, seminars, funding, and assistance creating bankable business proposals.

Launch of Eastern Caribbean Business Resilience Challenge in Saint Lucia

Through this webinar, the Caribbean Corporate Investment for Resilience (CCIR) Blended Finance Mechanism introduced the Eastern Caribbean Business Resilience Challenge.

The webinar included:

  • Opening marks from USAID Bureau for Humanitarian Assistance (BHA) representative Nacasi Green
  • An interactive discussion about resilience investments
  • An introduction to the CCIR coalition
  • A presentation by Gerard Bergasse from Tropical Shipping on the supply chain resilience and the Business Case for investments in resilience
  • An introduction to the CCIR Eastern Caribbean Business Resilience challenge and how to apply
  • Q&A

Business Continuity Awareness with Business Continuity Management Services

Friday, August 26, 2022, 3 p.m. AST

About the Webinar

Business Continuity Planning is about more than the actions to be taken when things go wrong.

In this webinar,

  • Discover simple ways for SMEs to prepare for outages and disruptions.
  • Learn how to create a simple Business Continuity Plan to help manage and recover from disruptive events, including key action items and contacts.

About the Trainer

Cheryl Griffith is the Managing Director of Business Continuity Management Services Inc., a small boutique company founded in 2018. BCMS provides BC/DR professional planning services including business impact analysis, risk assessments, business continuity plans, IT disaster recovery plans, table-top exercises, testing and more.

All About Business Plans with EFour Enterprises

Wednesday, September 7, 2022, 6 p.m. AST

About the Webinar

“All About Business Plans” provides a high level, comprehensive overview of the many aspects of a business plan and how to write one. We’ll cover:

  • What is a business plan?
  • Why do you need one?
  • What makes for an investible business plan
  • The components of a business plan
  • Writing tips and other suggestions

Check out the following tools on EFourEnterprises:

  • EPlan, which walks entrepreneurs through the steps to develop their business plans in a simple, intuitive Q&A format.
  • Efinancials, a cloud-based software that allows entrepreneurs to input their monthly data and, with one click, generate a cash flow statement, income statement, and balance sheet to complete their business plans.

About the Trainer

Donna Rosa is the Founder and Chief Entrepreneurship Officer at EFour Enterprises LLC. Her professional background combines a long career in corporate business with hands-on experience in international development. She has worked with small businesses in the Caribbean, Africa, Central America, the Middle East, Eastern Europe, and Russia.

Digital Marketing with Nesa Constantine Beaubrun

Monday, September 12, 2022, 5:30 p.m. AST

About the Webinar

Interested in learning to tell creative stories over various digital mediums to nurture your online community, drive traffic to your website and generate quality leads?

Come and explore some of the tools and techniques that are changing the way businesses interact with their customers in a virtual marketplace.

About the Trainer

Nesa Constantine Beaubrun is a marketing professional with over 15 years professional experience. Her truest passion however, is Entrepreneurship which she discovered eight years ago when she leapt into launching her umbrella company Constantine Holdings Inc. (C.H.I.). Under (C.H.I.) she has launched projects such as CHI Shuttles a tour company, and now C.H.I. Relocation Concierge; both rooted in her love for hospitality and travel.

Accessing New Markets / Becoming Export-Ready with Hyde Constantine-Felix

Thursday, September 22, 2022, 5 p.m. AST

About the Webinar

Is your business is growing and ready to explore opportunities outside your local market? Join this training to understand how to successfully tap into foreign markets.

About the Trainer

Hyde Constantine-Felix is a Saint Lucian born International Business Professional with a recognized skill for service excellence and a passion for helping small businesses, in particular creative businesses.

Crafting an Investment Pitch with Tricia Leo

Financial Training Part 1 with Annie Bertrand

Tuesday, September 27, 2022, 5 p.m. AST

About the Webinar

Have you been searching for an engaging session of real-life, practical approaches to successful pitching? During this workshop, our expert will share experiences of some of the “serial pitchers” with whom she’s been affiliated and their winning tips.

Interested in increasing the financial resilience of your business model and accessing new types of funding?

Part I of this financial training covers topics such as:

  • Expanding revenue streams
  • Financial flexibility
  • Financing options and stages
  • The Fundraising process

About the Trainers

Tricia Leo is an accomplished Project Manager with more than 10 years of expertise in organizing business operations, projects, financial oversight, and resource management.

Tricia’s most recent accomplishment is successfully coaching from ideation to pitching and negotiations, a tech startup in the acquisition of a multimillion-dollar deal. Tricia is currently coaching 4 teams in preparation for the nation and regional pitching competitions slated for September 2022.

Annie Betrand is an international development professional with a Harvard MBA and 20 years of management consulting, entrepreneurial, advisory, and volunteering roles in over 70 countries. In 2017, she joined Compete Caribbean as the Coordinator of the first pillar focused on productivity and innovation. She then completed a few assignments in the region with the UNDP and Caribbean Export. She is passionate about building the capacity of public and private sector organisations to stimulate inclusive and sustainable development. Originally from Montreal, Canada, she has been living in Barbados for 15 years.

Financial Training Part 2

Thursday, September 29, 2022, 6 p.m. AST

About the Webinar

Interested in increasing the financial resilience of your business model? Financial Training Part II will cover the financials for business resilience and investments.

  • Financial forecasting
  • Calculating the breakeven point
  • Communicating impact on resilience
  • Understanding business valuation and financial returns for investors

About the Trainer

Annie Betrand is an international development professional with a Harvard MBA and 20 years of management consulting, entrepreneurial, advisory, and volunteering roles in over 70 countries. In 2017, she joined Compete Caribbean as the Coordinator of the first pillar focused on productivity and innovation. She then completed a few assignments in the region with the UNDP and Caribbean Export. She is passionate about building the capacity of public and private sector organisations to stimulate inclusive and sustainable development. Originally from Montreal, Canada, she has been living in Barbados for 15 years.

This Challenge and the above trainings are part of USAID’s Caribbean Corporate Investment for Resilience (CCIR) Initiative. The CCIR Blended Finance Mechanism is being managed on behalf of the USAID Bureau of Humanitarian Assistance by PM Consulting Group, CollaborateUp, the Pan American Development Foundation, and Total Impact Capital.

The broader CCIR Coalition, born out of a period of significant stakeholder engagement led by The Global Knowledge Initiative (GKI), is a collaboration platform, designed by and for governments, businesses, and communities across the Caribbean to identify, develop, and scale innovative, sustainable solutions to systemic challenges around disaster and climate resilience.

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