Five local businesses to receive seed funding under the EC Greenpreneurs initiative
May 16, 2023
Five local businesses to receive seed funding under the EC Greenpreneurs initiative

Five Vincentian businesses have been awarded grant funding in Cohort 2 of the Eastern Caribbean Green Entrepreneurship Initiative (EC Greenpreneurs), a release from the Centre for Enterprise Development Inc states.

Following 12 weeks of intense virtual training, mentorship and coaching, green entrepreneurs across six countries of the Organisation of Eastern Caribbean States (OECS) in Antigua & Barbuda, Dominica, Grenada, Saint Lucia, St. Kitts and Nevis, and St. Vincent and the Grenadines participated in a Business Plan competition for a chance to secure US$10,000 in seed funding.

Eleven successful entrants from the participating countries were announced during a virtual graduation ceremony held on Thursday, May 11.

They will receive seed funding to develop their potential and showcase innovative solutions to tackle climate change while enhancing sustainability in the region.

The winning businesses from St Vincent and the Grenadines (SVG) and the corresponding awards are listed in the table:

The application period for the third cohort of the EC Greenpreneurs Incubator programme closed on April 10, 2023. Applications are now being invited for the Eastern Caribbean Greenpreneurs Accelerator’s Interest-Free Loans, which offer up to US$50,000 to fund innovative green businesses, the release states, and, interested persons are asked to visit to apply by June,8, 2023.

The Eastern Caribbean Greenpreneurs programme is funded by the Qatar Fund for Development (QFFD) and is being implemented by the Global Green Growth Institute (GGGI) in partnership with the OECS Commission and business support organisations (BSOs) throughout the OECS.

The Centre for Enterprise Development Inc. is the partner Business Support Organization (BSO) for St. Vincent and the Grenadines.