On November 3, the TaiwanICDF and CARICOM Development Fund (CDF) signed a US$3 million contribution agreement for the CRAF-Women SMEs Program in St. Lucia.
This program helps women small- and medium-sized enterprises (SMEs) in the Caribbean invest in renewable energy and energy-efficient facilities, unlocking women’s power to take the lead in transitioning the region toward a green economy.
As the first cooperation between the TaiwanICDF and the CDF, this joint program represents a significant milestone in their relationship.
The TaiwanICDF views women’s economic empowerment as a vital means toward its larger goal of promoting gender equality.
Mr. Rodinald R. Soomer, CEO of CDF, addressed the signing ceremony, saying: “This collaboration between the CDF and the TaiwanICDF is most opportune as we seek to fulfil our mandate of enhancing entrepreneurship and business competitiveness amongst Caribbean SMEs and more importantly women-owned/led businesses to thrive and grow to compete on the international stage.”