Downloads Collaboration: Working together for the development of the targeted communities.
 
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Funders
The Inter-American Development Bank (IDB)
Atlantic
  1. Component 1
  2. Component 2
  3. Component 3
  4. Component 4
Integration of public-private actors and development of institutional capabilities for LED
The main purpose of this component is to integrate the different actors in the territory around a shared, long-term sustainable development vision. In this respect, one of the key outputs of this project is the development of a public-private management (PPM) structure/institution that combines stakeholders from public, private and community-based organizations to define priorities, develop programs, and attract multiple financial and technical resources.
Activities under this Component
Training activities
Building Capacity
Creation of an organization to implement and direct LED in the region
Creation and Operation of sectoral subcommittees
LED project exchange Trips

Expected results of this component will be: 80 representatives from public and private institutions have participated in LED training workshops, at least 12 projects have been submitted for consideration to public and private institutions and donors; an autonomous LED entity (PPM) in the Southwest peninsula is operating implementing at least 70% of the LED initiatives outlined in the strategic plan.
Development of new or expanded business activities in key non-energy sectors in the region
The activities under this component are designed to strengthen the performance of existing enterprises and facilitate the start-up of new businesses focusing on, but not limited to, sectors that have been prioritized by local actors during design consultations. Priority will be given to “green” businesses, that is, enterprises that are making a productive and sustainable use of natural resources and assets, or that are minimizing any negative impact on the environment through their operations. Some of the identified sectors are: tourism, agriculture, and fishing. The project will assist in the development of new businesses and the expansion of existing ones by providing technical support for market identification and development, business plans, and access to credit.
Activities under this Component
Training and Business Development support for Quality and Specialty products
Facilitation of MSME access to finance
Identifying and supporting entrepreneurs in new markets and emerging business opportunities
Competition Mechanism for promotion of innovation and entrepreneurship
Business Incubator Mechanism
Branding and Promotional activities for regional products and services
Supporting and Identification and attraction of investment opportunities for the region

Expected results of this component will be: SMEs in the region have expanded services or products offered after receiving business development support/training,have gained access to credit, and have developed innovative initiatives. 5 products linked with the prioritized sectors have been positioned under a regional branding strategy; 5 expressions of interest from key investors and government agencies who had participated in 2 seminars to promote investment opportunities in the southwest peninsula; and 20 new businesses have been created.
Support for human capital development and employment prospects of youth in the region
The objective of this component is to introduce new approaches to enhance educational attainment, employability, social skills, and academic results of youth (with a focus on youth that have been traditionally marginalized or that can be considered at risk) in the Southwest peninsula.
Activities under this Component
Implement a sports and development programme (AGanar)
Support youth leadership activities, platform and networks in the region

Expected results of this component will be: 200 youth have actively participated in the sport and development program of which 60% have transitioned to further education, job insertion or self-employment. Furthermore, 75% of youth that have participated in the sport program have expressed improvement in personal development and motivation.
Creation and transfer of knowledge, results and best practices on LED in regions with extractive industries to key interest groups
The objective of this component is to facilitate and support the transfer of knowledge on the application of LED programs from the present program to other regions with extractive industry operations.
Activities under this Component
Development of LED materials and documents
Case studies of the southwestern peninsula LED initiative
LED teaching materials
Workshops and Seminars on LED targeting key stakeholders
Regional Caribbean conference on LED and extractive industries
Development of multimedia materials and project website
Engaging other regional corporations/boroughs in LED initiatives in Trinidad and Tobago

Expected results of this component will be the following: a case study and two published papers on project experience and learning, project website, LED guide targeted towards regions dominated by extractive industries; LED teaching materials to be used within the curriculum of the University of the West Indies, and the national adoption of the EITI standards has taken into consideration the experience of the present project, particularly in terms of economic diversification and SME inclusion.