Barbados Agritourism Policy Setting Workshop 2019 Policy setting for improved linkages between agriculture, trade and tourism: Strengthening the local agrifood sector and promoting healthy food in agritourism. Workshop organised by the Government of Barbados In collaboration with CABA, CTA, IICA, CTO, CHTA, CDB Courtyard by Marriott Hotel, Barbados, 27 & 28 March 2019

1. FINANCIAL AND
TECHNICAL
ASSISTANCE
AVAILABLE FROM
THE BIDC
Marc Ifill

2. Who
we are

3. Our
Mission
To provide effective solutions that
will enhance the capacity of
businesses to create and respond
to market opportunities.

4. Our
Vision
To be the leading catalyst for
developing innovative, productive
and internationally competitive
businesses.

5. To contribute to the
diversification and growth
of the economy through
new investment,
increased exports and
employment creation by
fostering the development
of competitive business
enterprises.
OUR
MANDATE

6. The BIDC provides a range
of free advisory services for
companies looking either to
make a market debut or to
expand operations.
How we
work

7. Through specialized
units we administer
customized services
for companies at every
stage of development.
How
we work

8. Our unique value position
- ability to offer a range of
high-value business
development services
while harnessing the
necessary tools,
partnerships and
international connections
to assist our clients.
How
we work

9. The BIDC
supports
companies and
individuals with:
Our core
services
• Conceptualizing, planning
and implementing new
ventures.
• Facilitating the
development of business
plans and financial
projections.
• Certifying the origin of
goods for export.

10. The BIDC
supports
companies and
individuals with:
Our core
services
• Achieving international
standards certification and
compliance.
• Penetrating local and
foreign niche markets.
• Marketing for export.
• Acquiring operating space
on a rent or lease/
purchase basis.

11. The BIDC
supports
companies and
individuals with:
Our core
services
• Developing corporate
identity.
• Accessing product design
advisory and innovative
solutions.
• Accessing the latest
market and business
intelligence.
• Training and skills
development.

12. The
Special
Technical
Assistance
Programme
• Designed to enhance the
international
competitiveness of local
manufacturing operations,
service companies, artisans
and small businesses.
• Grant Funding (shared)
• Max BDS$100,000

13. The
Special
Technical
Assistance
Programme
Qualifying criteria:
• Companies should have a
minimum of 51% Barbadian
ownership.
• Must be registered and
operating in Barbados for at
least one (1) year.
• Agree to participate in an
operational review/audit by
the BIDC.

14. The
Special
Technical
Assistance
Programme
• Tenants of the BIDC should have
rent payments up-to-date.
• Be in good financial standing
with governmental authorities,
or have satisfactory
arrangements for payment.
• Must have financial records for
the last two years of operation.

15. The
Special
Technical
Assistance
Programme
Activities funded include:
• Training and productivity
enhancement
• Marketing & Promotions
• Small Equipment
• Plant upgrade consultation
• Operational redesign
• Product development

16. The
Special
Technical
Assistance
Programme
Activities funded include:
• Diagnostic procedures and
development plans.
• Research
• International standards
accreditation, certification,
compliance and registration of
patents.
• Registration with professional
bodies.

17. Accessing
The
Special
Technical
Assistance
Programme
• Consult with a Business
Development Officer (BDO).
• Submit an application.
• Internal assessment
conducted.
• Recommendation submitted
to the CEO and /or the Board.
• Contract prepared outlining
the terms of engagement.