Private Sector Trade Portal

A trade portal was developed by this country’s government with the assistance from the European Union, to assist the private sector in becoming more vibrant. The project was  financed with resources from SFA 2006 and was designed to improve the competitiveness of the economy of St.Vincent and the Grenadines through strategic interventions in the private sector.

It facilitated the catching up of small-medium sized enterprises (SMEs) in SVG by easing the traditional constraints that they faced in the area of market access, information, human resource development, capital and credit. It also provided online trading and the development of tools to support SMEs as they sought to increase investment and trade opportunities. A functional and operational Trade Portal was the desired result of the project. Technical support and maintenance was provided, as well as a user guide for the Trade Portal was also achieved. The programme also facilitated training for private and public sector technicians and technocrats.

The project commenced on January 11, 2010 with a budget of Euro 47, 000 and it is was completed on December 16, 2010.