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

CARIFESTA_XIII-LOGO-WHITE-GLOW

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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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Regional trade seminar to tap Chile’s external trade experiences

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A Regional Trade Seminar for Caribbean Community (CARICOM) Member States that is being facilitated by the Government of Chile, opened at the CARICOM Secretariat on Wednesday morning. The two-day seminar illustrates the robust cooperation between CARICOM and Chile, and provides the opportunity for networking and the valuable exchange of views and experiences. Chile’s trade policy; access to the Chilean market, regulatory policy; intellectual property rights; and the trade environment, are among the topics which will be covered.

Participants include officials involved in external trade negotiations in CARICOM Member States while the team facilitating the seminar were directly involved in external trade negotiations undertaken by Chile with other countries.

Chile’s Ambassador to CARICOM, His Excellency Claudio Rojas, Minister of Business of Guyana, the Hon. Dominic Gaskin, and CARICOM’s Assistant Secretary-General, Trade and Economic Integration, Mr. Joseph Cox addressed the opening ceremony. (more…)