Approved Programme Value: US$3.758 million

Approval Date: July 12, 2013

Date Agreements Signed: October 28, 2013

Components of the Programme:

1.    A Line of Credit to the Grenada Development Bank (GDB) for financial support to  Small and Medium Size Enterprises,

2.    Technical Assistance Grant for the Grenada Development Bank and the Small and Medium size Enterprises (SMEs) business planning,

3.    Grant for Technical Assistance for Standards, Metrology and Certification;

4.    Grant support  for energy efficiency and management in the tourism sector.

 Summary the Programme:

The programme emphasis in the case of the Grenada is to enhance private sector competitiveness and reduce pre-existing disparities to better participate in the CARICOM Single Market.