RFCD 2011: BDC: Developing a Competitive Business
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The Business Development Company (BDC) aims to facilitate the development of internationally competitive companies in non-energy sectors to positively impact GDP. The BDC offers business development services including capacity building, innovation and research funding, and lease financing. It focuses on developing competitive, export-ready, model companies in sectors like food and beverage, printing, and creative industries through business training, innovation audits, research grants, and export market assistance. The BDC has partnered with organizations to support cluster development initiatives.
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RFCD 2011: BDC: Developing a Competitive Business
- 1. Developing a Competitive Business with B.D.C Presented by: Mr. Khemraj Nanhu, Chairman, BDC
- 6. INSTIL INNOVATION RESEARCH AND DEVELOPMENT FACILITY
- 14. BDC AND CLUSTER DEVELOPMENT…
- 17. 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
Editor's Notes
- 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