Thu | May 25, 2017

33 local companies receive financial aid

Published:Monday | August 11, 2014 | 8:00 AM
Anthony Hylton, minister of industry investment and commerce.File

Thirty-three companies are to benefit from US$1 million in grant funding to boost their export potential. The allocation is part of US$4.02 million in support provided to the region's private sector by the Caribbean Export Development Agency under its Direct Assistance Grant Scheme funded by the European Union.

Minister of Industry, Investment and Commerce Anthony Hylton expressed appreciation for the assistance to the local companies, which are mainly in the areas of manufacturing and agro-processing, noting that the funding will enable them to become more competitive.