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RFCD 2011: BDC: Developing a Competitive Business
 

RFCD 2011: BDC: Developing a Competitive Business

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B.D.C - RFCD Conference @ Arthur Lok Jack GSB - November 2011

B.D.C - RFCD Conference @ Arthur Lok Jack GSB - November 2011

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  • The Instil Innovation is a1 2 month programme geared towards the introduction of: new processes to improve firm efficiency and productivity new products and services to attract foreign exchange
  • Competitive Market efficiency - defined as the efficiency and productivity of the firm and their ability to meet market demand Innovation - defined as innovation with a view to increase productivity and assist firms to develop cutting-edge products and processes i.e investment in research and development Size of the market (being served by a Company) - speaks to the level to which exports supplements domestic demand for goods Business sophistication- development of business networks, clusters which will heighten efficiencies, create opportunities for innovation Export ready Available export capacity Model companies Can be benchmarked against A business model that can withstand external and internal pressures Mentors

RFCD 2011: BDC: Developing a Competitive Business RFCD 2011: BDC: Developing a Competitive Business Presentation Transcript

  • Developing a Competitive Business with B.D.C Presented by: Mr. Khemraj Nanhu, Chairman, BDC
  • STATEMENT OF INTENT
    • Facilitate the building and sustaining of strong companies in defined non-energy sectors that are internationally competitive. This is expected to impact positively on GDP
  • OUR SERVICES
    • Business Development
    • Export Development
    • Cluster Development
  • BUSINESS DEVELOPMENT
    • Capacity Building
    • INSTIL Innovation/RDF
    • Lease Financing
  • Capacity Building
    • In-Company Training Programmes
      • Needs specific and results-oriented
      • Confidential
    • In-depth Diagnostic Tools
    • Consultancy and Implementation Programmes
  • INSTIL INNOVATION RESEARCH AND DEVELOPMENT FACILITY
  • WHAT ARE THE BENFITS OF THE INSTIL INNOVATION?
    • An Innovation Audit
    • A customized plan of action
    • Counterpart funding for initiatives in support of this programme
  • What is the Research and Development Fund?
      • A funding mechanism
      • The provision of grants for corporate research and development projects.
  • Benefits to Businesses
      • For a single company project - $500,000
      • For a business alliance of two or more companies - $1 million.
      • Patent registration up to a maximum of $300,000.
  • LEASE FINANCING
    • Matching of rental payments to revenue generated from machinery & equipment use
    • Competitive interest rate
    • Cash flow conservation - no additional collateral
  • EXPORT DEVELOPMENT
    • Market Access – Latin America, French Caribbean and EU
  • Market Access
    • COMSEC
      • Focus – Latin America
    • CARTFund
      • French Caribbean
    • CDE
      • European Union
  • Strong…….?
    • Competitive
    • Export ready
    • Model companies
  • BDC AND CLUSTER DEVELOPMENT…
  • SECTORS OF FOCUS
    • Food and Beverage
    • Printing and Packaging
    • Merchant Marine
    • Yachting
    • Creative Industries
  • WHAT HAS THE BDC DONE TO DATE?
    • Partnering with the TTMA on hosting its Value Chain Cluster Development project
    • National Carnival Development Foundation Mas Transformation Project
  • VISIT US…. www.bdc.co.tt 151B Charlotte Street, Port of Spain Carlton House, St. James Street, San Fernando eTeck Mall, Sangster’s Hill, Scarborough, Tobago
  • Thank You! www.bdc.co.tt