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RFCD 2011: BDC: Developing a Competitive Business


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

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RFCD 2011: BDC: Developing a Competitive Business

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