Republic Bank and Caribbean Export Partner to Help Businesses Thrive

By Caribbean Business Report 

Small and Medium Enterprises are the backbone of economies across the Caribbean, Africa, and beyond, but access to finance and export opportunities remains a challenge. Mindful of this constraint, Republic Bank and the Caribbean Export Development Agency (Caribbean Export), with cofounding from the European Union via the 3rd Regional Private Sector Development Programme, have embarked on a collaborative capacity-building initiative to position small businesses for expanded success.

 
 The Republic Bank -Caribbean Export “Thrive: Unlocking Finance and Export Potential for SMEs” programme, a virtual finance and export development training initiative, will commence in April 2025 to benefit five hundred (500) SMEs. The Republic Bank – Caribbean Export programme, Thrive, will provide 500 small businesses across Anguilla, Barbados, the British Virgin Islands, the Cayman Islands, Dominica, Ghana, Grenada, Guyana, St. Kitts and Nevis, St. Lucia, St. Maarten, St. Vincent and The Grenadines, Suriname, and Trinidad and Tobago with access to relevant and dynamic expert training designed to help them scale, innovate, and compete globally. 

 Through online learning, live group sessions, and invaluable networking opportunities, the programme focuses on building resilience, improving financial literacy, and unlocking new market potential—key ingredients for sustainable business growth. The programme will be implemented in two phases. In the first phase, Business Capacity Building 1.0, up to 500 entrepreneurs will receive expert training to enhance their financial and export readiness. From this group, the top 50 participants will advance to the second phase— Access 2 Finance Accelerator—a fully funded, six-month intensive training programme.

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  businesses, Caribbean Export