FUNDING FOR MANUFACTURERS

  • The Industrial, Investment and Employment Fund (IIEF) provides loan financing on attractive terms to local manufacturers.
  • The IIEF provides financing to limited liability manufacturing companies with 51% of their share capital, owned by Barbadian residents. Such enterprises must demonstrate the potential to add significant value to the Barbadian economy by:
    1. Being a net earner/saver of foreign exchange; and/or
    2. Generating employment.
  • Loan financing up to $2 million is provided to help local manufacturers create growth-oriented companies. The minimum loan size is $50,000.
  • Security is required, usually in the form of a legal charge over assets acquired with the proceeds of the loan and any other collateral that might be deemed necessary.


    • INVESTMENT CRITERIA

    Industrial, Investment and Employment Fund Investment Criteria


NEW SMART FUND ESTABLISHED

Funding available for renewable energy and energy efficiency projects in Barbados!

EGFL is now ready to receive applications for the Pilot Consumer Finance Facility.