News Releases

Caribbean nations are being urged to prioritize the sustainable management of natural, human, and financial resources, especially in the regional energy sector.

Starting June 1, 2023, Export Barbados (BIDC), working in collaboration with several stakeholders, will commence redevelopment work on the Pelican Industrial Estate, which will become the Pelican Experience when finished.

Competitiveness in manufacturing came under the microscope when Export Barbados (BIDC) and the Caribbean Export Development Agency (Caribbean Export) co-hosted a free ProNET Workshop from April 20 to 21. The focus of the workshop, the second of its kind targeted at small and medium-sized enterprises (SMEs), was product development.

Several local businesses became better equipped with skills to sell their products and services abroad when Export Barbados (BIDC) and the Caribbean Export Development Agency (Caribbean Export)  joined forces to host a free ProNET Export Marketing Workshop from March 22 to 24, 2023.

Leading world economist Professor Mariana Mazzucato, founding director of the Institute for Innovation and Public Purpose (IIPP) of the University College London (UCL), has been in Barbados this week, meeting with representatives of the public and private sectors. The IIPP Director is helping Government to map out a mission-oriented approach to developing the economy.

Export Barbados (BIDC) and Alveo Technologies, Inc., a California-based company specializing in molecular sensing and diagnostics, have signed a Memorandum of Understanding (MOU) to co-develop Alveo’s novel molecular sensing platform while contributing to the development of Barbados’ life sciences industry.

A call is being issued for discoveries of compounds and innovations from Barbados’ plants. Export Barbados (BIDC)’s newest challenge in the “From Discovery to Global Sales” series, is encouraging local scientists, innovators, entrepreneurs and ordinary citizens to submit entries that explore the beneficial, therapeutic and medicinal properties of local plants.

The exporting efforts of 13 Barbadian companies were recognized on Saturday, November 19 when Export Barbados (BIDC) hosted its inaugural awards ceremony celebrating the vital role exporting plays to the country’s economy.

Export Barbados (BIDC) is encouraging local entrepreneurs to consider franchising to grow their businesses, make them exportable, and earn foreign exchange for the country.

Export Barbados (BIDC) should soon have a robust strategy in place to help build the local life sciences industry as it pursues its goal of making Barbados a life sciences hub in the Caribbean.

Three local firms have come out on top in the Compete Caribbean Partnership Facility (CCPF) and Export Barbados’ Ocean Challenge. The successful firms are eligible for...

A delegation comprising officers of Export Barbados (BIDC) and the Barbados Trust Fund Limited (BTFL), as well as a representative of a local food business departed this week for Fort Lauderdale, Florida, to attend Franchise Expo South, scheduled for September 9–10, 2022.