HAITI

WASHINGTON, CMC:
The Inter-American Development Bank (IDB) has approved a US$3.5 million grant for a pilot programme to foster the development of agribusiness, tourism and industrial services value chains, supporting the creation and growth of micro, small and medium-size businesses in Haiti.

The Washington-based financial institution said the pilot programme will establish a “business accelerator” to boost the development of enterprises capable of seizing opportunities generated by investments involving agriculture, basic infrastructure and tourism, with an emphasis on Haiti’s northern region.

In addition, it said the programme will test the use of productive communal areas (PCAs) for micro producers, providing them access to workshops and training to improve their skills.