RFCD 2011: BDC: Developing a Competitive Business
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Transcript of RFCD 2011: BDC: Developing a Competitive Business
Developing a Competitive
Business withB.D.C
Presented by: Mr. Khemraj Nanhu, Chairman, BDC
STATEMENT OF INTENTFacilitate the building and
sustaining of strong companies
in defined non-energy sectors
that are internationally
competitive. This is expected to
impact positively on GDP
OUR SERVICES
Business Development
Export Development
Cluster Development
BUSINESS DEVELOPMENT
Capacity Building
INSTIL Innovation/RDF
Lease Financing
Capacity Building
• In-Company Training Programmes– Needs specific and results-oriented–Confidential
• In-depth Diagnostic Tools
• Consultancy and Implementation Programmes
INSTIL INNOVATION
RESEARCH AND DEVELOPMENT FACILITY
WHAT ARE THE BENFITS OF THE INSTIL INNOVATION?
• An Innovation Audit
• A customized plan of action
• Counterpart funding for initiatives in support of this programme
What is the Research and Development Fund?
• A funding mechanism
• The provision of grants for corporate research and development projects.
Benefits to Businesses
• For a single company project - $500,000
• For a business alliance of two or
more companies - $1 million.
• Patent registration up to a maximum of $300,000.
LEASE FINANCING
• Matching of rental payments to revenue generated from machinery & equipment use
• Competitive interest rate• Cash flow conservation - no additional
collateral
EXPORT DEVELOPMENT
Market Access – Latin America,
French Caribbean and EU
Market Access
• COMSEC–Focus – Latin America
• CARTFund–French Caribbean
• CDE–European Union
Strong…….?
• Competitive
• Export ready
• Model companies
BDC AND CLUSTER DEVELOPMENT…
SECTORS OF FOCUSFood and Beverage
Printing and Packaging
Merchant Marine
Yachting
Creative Industries
WHAT HAS THE BDC DONE TO DATE?
Partnering with the TTMA on
hosting its Value Chain Cluster
Development project
National Carnival
Development Foundation Mas
Transformation Project
VISIT US….
www.bdc.co.tt
151B Charlotte Street, Port of Spain
Carlton House, St. James Street, San Fernando
eTeck Mall, Sangster’s Hill, Scarborough, Tobago
Thank You!
www.bdc.co.tt