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Good practice Imported

Suriname's EU–CDB MSME Export-Readiness Programme

Suriname · Paramaribo · See the Suriname profile · See the Paramaribo profile

Evidence: Descriptive / self-reported Top 83% 52/100 · Ask Evidence Copilot about this practice

A EUR 394,622 EU/Caribbean Development Bank grant is preparing 60 Surinamese MSMEs to export into Barbados, Guyana and Trinidad through branding, marketing and export-readiness training, with the Government of Suriname co-financing a quarter of the cost.

394622 EUR
Project cost
60
MSMEs targeted
25 %
Government of Suriname co-financing share
Suriname's EU–CDB MSME Export-Readiness Programme

Details

Maturity
Pilot
Promoter
Caribbean Development Bank, European Union and Ministry of Trade, Industry and Consumer Affairs (Suriname)
Period
October 2022 – August 2024 (22 months)
Keywords
SME export promotion, trade capacity-building, regional market access

Context

Launched in Paramaribo on 20 October 2022, the Innovation for Firms component of the Suriname Business Climate and Innovation Programme (SUBCIP) is financed through the EUR 8.75 million CARIFORUM-EU Economic Partnership Agreement and CSME Standby Facility for Capacity Building, jointly delivered by the Caribbean Development Bank, the EU and Suriname's Ministry of Trade, Industry and Consumer Affairs.

Activities

Over 22 months the programme works with 60 micro, small and medium-sized enterprises on market research, brand development and export-readiness skills, targeting entry into Barbados, Guyana and Trinidad and Tobago, with explicit outreach to women, youth and rural entrepreneurs.

Results

The Ministry of Trade contributes 25 percent of the EUR 394,622 project cost.

Conclusions

Public reporting to date documents the programme's design, financing structure and enrolment target, but no source yet reports post-completion outcomes such as realised export sales, contracts won or jobs created.

Implementation
Indicative cost
Low (< €50k)
Time to results
Medium (1–3 years)
Staffing & skills
Caribbean Development Bank programme team, Suriname Ministry of Trade, Industry and Consumer Affairs

Conditions for success

  • explicit outreach to women, youth and rural entrepreneurs
  • targeting specific, reachable regional export markets (Barbados, Guyana, Trinidad and Tobago)

Common failure modes

  • no source yet reports post-completion outcomes such as realised export sales, contracts won or jobs created

Commonly funded by

Interreg (European Territorial Cooperation) National / regional programmes

Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.

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Data sources

Where this practice's information was retrieved from, and when.

Attachments

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