Compete Caribbean is looking for innovative projects to provide non-reimbursable funding of up to US$500,000 to firms and entrepreneurs to take a chance on an innovative, risky business idea to improve the revenue performance and competitiveness of the firm or entrepreneurs idea. The window will finance innovative ventures to develop new products, implement new business models, or enter new markets. Start-up companies are welcome to apply, but the main focus is on existing companies.
Who Can Compete
Firms legally established in Guyana and who are registered under the Compete Caribbean Innovation window. Firms and entrepreneurs must commit to provide counterpart funding (up to 50%) of the program.
What Type of Ideas are Competitive?
What Project Activities Can Be Funded?
How to Apply
The IDB Country Office in Guyana will host a video conference briefing session in September for firms and entrepreneurs to explain the process/ eligibility/ application/ allowable expenses etc of the program. Entrepreneurs and representatives of firms interested in participating in this briefing session are asked to contact the IDB on telephone # 225 7950 or email email@example.com to register their interest. Space is limited.