The Eastern Caribbean Green Entrepreneurship Initiative announced the selection of 27 green entrepreneurs as recipients of interest-free loans totaling USD 863,403. Under the Initiative’s Accelerator Program, these entrepreneurs were chosen from a competitive pool of applicants to receive funding and support to grow their respective green, sustainable enterprises.
The Initiative, delivered by the Global Green Growth Institute (GGGI) in partnership with the Organisation of Eastern Caribbean States (OECS) with support from the Qatar Fund for Development (QFFD), aimed to nurture and empower environmentally conscious businesses, fostering sustainable development across the region.
This regional program was dedicated to facilitating the development, establishment, and expansion of innovative green enterprises across six OECS Member States: Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, Saint Lucia, and St. Vincent and the Grenadines.
The following Antiguans received loans under the programme:
Grow Compost Factory operates on a small “backyard” scale with the intent to develop into a commercial-scale composting facility.
Nathaniel Henderson Williams
West Indies Botanicals Ltd.
West Indies Botanicals is a Caribbean-based health and wellness company registered in Antigua & Barbuda that seeks to address the rising levels of communicable diseases and poor nutritional intake becoming more prevalent in the region by utilizing superfoods and botanical materials that are indigenous to the Caribbean and LATAM.
Wills Recycling seeks to address local environmental challenges by utilising sustainability systems in its reuse and recycling operations. Issues of concern for Wills Recycling range from pollution, disposal of plastics, metal waste, and e-waste, among others.
The Accelerator Program is designed to propel high-potential green enterprises during their growth phase. By providing access to interest-free loans of up to USD 50,000, along with investment opportunities and ongoing education, the program equips entrepreneurs to scale their businesses for maximum profitability and societal benefit.
“With each interest-free loan granted to green enterprises in the Eastern Caribbean, we’re not just investing in businesses; we’re investing in a greener, more sustainable future. Congratulations to all recipients; your dedication paves the way for innovation and environmental stewardship in our region.” – Daniel Muñoz-Smith, Caribbean Representative, Global Green Growth Institute (GGGI)
Let us know what you think by adding a comment below. Click here to start now!
The three-year Eastern Caribbean Green Entrepreneurship Initiative concluded on March 31, 2024. The Organisation of Eastern Caribbean States Competitive Business Unit (CBU) will continue to engage stakeholders and share knowledge about the Initiative and other green entrepreneurship opportunities.
Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Antigua! We offer fully customizable and flexible digital marketing packages.Contact us at [email protected]
