CDB introduces Cultural and Creative Industries Innovation Fund to regional practitioners at CARIFESTA XIII

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August 22, 2017, BRIDGETOWN, Barbados – Building on the recent announcement of its provision of initial capitalisation for the Cultural and Creative Industries Innovation Fund (CIIF), the Caribbean Development Bank (CDB) recently introduced the CIIF to approximately 100 cultural practitioners, policymakers and academics from across the Caribbean. The occasion was the Cultural Policy and Intellectual Property Rights Workshop, held as part of CARIFESTA XIII in Barbados on Sunday August 20, 2017, sponsored by CDB.

Lisa Harding, Private Sector Development Specialist, CDB, noted that the CIIF was developed to support an enabling environment for the development of the cultural industries sector, and could make the cost of doing business more affordable for Regional cultural practitioners.

This Fund is born out of the fact that we recognise there’s a void in the financing ecosystem. There are gaps, especially in grant funding for creative industry entrepreneurs and stakeholders in general. We consulted with several stakeholders to come up with a model that we believe will help to support the sector. The areas which the Fund will cover are music, audio-visual, film, animation and gaming, fashion and design and festivals and carnivals,” said Harding.

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Cultural traditions, country colours, costumes on show as CARIFESTA XIII opens

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Opening Ceremony CARIFESTA XIII

After having to be rescheduled due to Tropical storm Harvey, CARIFESTA XIII officially opened Sunday evening in Bridgetown, Barbados.

The Caribbean Region’s premier festival was declared open by Barbados Culture Minister, the Hon. Stephen Lashley at a ceremony held at the Kensington Oval in Bridgetown. Prime Minister of Barbados, the Right Hon. Freundel Stuart, and Secretary-General of the Caribbean Community (CARICOM), Ambassador Irwin LaRocque, as well as Barbados Ministers of Government, officials from the CARICOM Secretariat and delegations from across the Region and observer countries were at the opening.

The proceedings began with a parade of countries showcasing their cultural traditions and wearing their country colours and costumes. The parade began at Queens Park and ended at the Kensington Oval. Before the ceremony began, each country that was represented paraded at the front of the Oval, showcasing a fusion of regional cultures, colours and ingenuity.

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