Innovation, Firm Performance and Gender Issues in Enterprises in the Caribbean (IADB-RG-T3163)

Regions
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Countries
  • Bahamas
  • Barbados
  • Belize
  • Dominica
  • Grenada
  • Guyana
  • Jamaica
  • St. Kitts and Nevis
  • St. Lucia
  • St. Vincent and the Grenadines
  • Suriname
  • Trinidad and Tobago
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Apr 25, 2018
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Sectors
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.70 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IADB website

Updated in EWS Jun 28, 2018

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

This project is part of the Complete Caribbean (2010-2017) initiative. In the first phase, the Caribbean Enterprise and Indicator survey was carried out in 2011. In 2013-2014, the Productivity, Technology, and Innovation (PROTEqIN) survey was carried out. To follow up on these surveys, this current project will implement a new survey gathering internationally comparable firm-level data on innovation, use of digital technologies, firm performce, gender and business management practices. 

The specific obectives of this project according to the bank are:

  1. To define a new sample frame that is representative of the major economic sectors in each country.
  2. To define a new methodological approach that includes the develpoment of relevant, comparable indicators, adopting international standards and guidelines for collecting statistical data.
  3. To provide statistically significant business environment indicators that are comparable across countries.
  4. To collect data on business performance, innovate activities, technology use, management practices, and gender and business climate.
  5. To harmonize, as much as possible, the data collection in Caribbean countries to the guidelines of the Oslo Manual and the data collected by the Innovation Surveys carried out in Latin America. 
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The Inter-American Development Bank did not specify the type of financial assistance it is giving.  Funding will be coming from the Complete Caribbean Partnership Facility. At the time of writing, the Inter-American Development Bank is still in the process of finding contractors to execute this project. 

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As of the time of writing, the private consulting firms were not selected.


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

CONTACT:

Claudia Stevenson

Inter-American Development Bank Division: Competitiveness, Technology, and Innovation (IFD/CTI)

claudiast@iadb.org  

ACCOUNTABILITY MECHANISM OF IADB

The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).

How it works

How it works