Private Firms and SME Development
The Compete Caribbean Partnership Facility (CCPF) is a private sector development programme delivering innovative and practical solutions that stimulate economic growth, increase productivity and foster innovation and competitiveness, while promoting economic inclusion.
The IDB supports firms in their digital transformation processes by enabling the conditions for digital technology adoption through connectivity, guidance to meet the international regulation standards and the development of digital talent. All efforts for capacity building, tech adoption and the strengthening of digital services are tailored to each firm’s needs, size and sector of operation.
Through different mechanisms, the CTI Division of the IDB supports the creation and consolidation of entrepreneurship ecosystems by encouraging entrepreneurial culture, strengthening incubators and facilitating access to venture capital. The improvement and innovation of these ecosystems is also based on working with governments and authorities to foster public policies that benefit entrepreneurs and their firms.
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