Innovation and Tourism Expansion and Diversification

The objective of this TC is to build the capacity of the Caribbean Tourism Organization (CTO) to diversify the product offering and enable more entrepreneurs to generate revenues from tourism. This will be achieved through the development of community-based tourism (CBT), market intelligence, and the penetration of innovative technology. These strategic priorities were identified through the co-design of a Capacity Enhancement Plan funded by Compete Caribbean over the past six-months.

Project Detail

Country

Regional

Project Number

RG-T3338

Approval Date

October 15, 2018

Project Status

Implementation

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 360,000.00

Country Counterpart Financing

USD 60,000.00

Original Amount Approved

USD 300,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/CO-16979-RG	Sovereign Guaranteed	USD - United States Dollar	Apr. 22, 2024	Oct. 15, 2018	Compete Caribbean Partnership Facility	Nonreimbursable

Operation Number

ATN/CO-16979-RG

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Apr. 22, 2024
Signed Date: Oct. 15, 2018
Fund: Compete Caribbean Partnership Facility
Financial Instrument: Nonreimbursable

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