BASSETERRE, St. Kitts – The Caribbean Resilient Economies and Sectors Activity (RESET) says it will launch its grants program aimed at assisting businesses in the Eastern and Southern Caribbean here this week.
Patricia Shako, chief of Party, Caribbean RESETRESET, which is funded by the United States Agency for International Development (USAID), is designed to support micro, small and medium-sized enterprises (MSMEs), civil society organizations, non-governmental and community-based organizations as well as associations or cooperatives and private research institutes.
RESET said it is now accepting concept papers from organizations to support activities in eight core areas, namely agri-food; tourism; blue economy; green economy; regenerative agriculture; food systems; disaster risk management; and other Innovative activities which will contribute to resilient sectors and economies.
It said that all concept papers must show how activities for which funding is being requested will contribute to one or more of the following – economic development and growth; capacity building and institutional strengthening; shock responsive social protection; and blue and green investment and growth.
RESET said the concept notes should emphasize how the activities proposed will lead to building the resilience of vulnerable populations including women, youth and persons with disabilities, who are more disproportionately impacted by climate related events.
It said the man main objectives of the Grants Program is to support these entities to increase investments in climate smart technologies, approaches and/or business practices that will lead to a stronger blue-green economy characterized by inclusive and resilient growth as well as sustainable jobs.
The RESET Program was launched on October 7, 2024, during the Caribbean Week of Agriculture, which took place in St. Vincent and the Grenadines.
“RESET’s goal is to build resilience and capacity of governments, businesspeople, young professionals, women, youth and indigenous communities to enable them to adapt and respond to climate change.”