- May 6, 2022
- Posted by: BCCI-Editor-M
- Category:
CARIBBEAN EXPORT DEVELOPMENT AGENCY
EXPORT COMPETITIVENESS ACCELERATOR
EXPRESSION OF INTEREST
The Caribbean Export Development Agency (Caribbean Export) would like to invite CARIFORUM Professional Services
Providers to express their interest in participating in the Export Competitiveness Accelerator.
BACKGROUND
Improving export competitiveness is essential in increasing Caribbean exports regionally and internationally. For
Caribbean countries exporting services provides the opportunity to expand production, boost employment, reduce unit
costs, and increase incomes. Analyzing the export competitiveness of Caribbean Services Providers project is important
as it allows firms to better exploit comparative advantages to generate higher incomes, which can increase skills, capital,
and technology to enhance competitiveness over time. The knowledge gained from exposure to export competition helps
in raising productivity and innovating with new products and services. The services sector plays a critical role in many
Caribbean countries. According to the International Trade Centre (ITC), CARIFORUM exports of services amounted to over
one hundred million over the period 2014-2018. Despite the importance of services, many CARIFORUM states are yet to
fully explore its potential. We have also recognized that notwithstanding extensive training and the development of export
plans, there is a need for further analysis and more practical approaches to generating business and increased exports.
The overall objective of the Export Competitiveness Accelerator is to increase the export competitiveness of
CARIFORUM Services providers.
Stage I: MEASUREMENT OF COMPETITIVE EXPORTS CAPABILITIES (EXPORT CHECK-UP)
Objective: Identify the export competitiveness of the company for its performance to grow internationally.
Stage II: MARKET SELECTION METHODOLOGY
Objective: Selection of the new export markets where companies are more competitive to do business.
Stage III: VIRTUAL MEETINGS WITH INTERNATIONAL BUYERS
Objective: Service Providers would be connected with potential international buyers to sell their services.
DATE AND LOCATION: June – August 2022 – Online
CRITERIA
1. Be an established Service Provider in a CARIFORUM State.
2. Service providers in the following sectors:
a. Business and Professional Services
b. Information Communication Technology (ICT) and Computer Related Services
3. Have exporting capacity (capacity of servicing foreign companies)
a. Have a website suitable for international markets
b. Have internationally recognized certification (e.g. ISO20700, IRAM, PMP, etc.)
4. Submission of detailed company profile
5. Willingness to share information and take action to implement recommendations for export development.
DEADLINE: May 11, 2022
