funding

Montserrat Gets $4.8 Million in European Union Funding

Haiti to Receive $24 Million in Education Funding From IDB

Above: students in Port-au-Prince (CJ Photo) By the Caribbean Journal staff Haiti will be receiving a $24 million donation from the Inter-American Development Bank, following approval this week. The funding will target the expansion of access to education; it is …

Dominican Republic to Receive $2.8M in EU Funding for Disaster Prevention

Above Dominican and EU officials (Photo: DICOM) By the Caribbean Journal staff The Dominican Republic is receiving $2.85 million USD in grant funding from the European Union to improve disaster prevention in the country. The agreement on the funding was …

Trinidad Distributes Funding to Farmers Affected By Flooding

Above: Trinidad (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago Food Minister Devant Maharaj has announced the distribution of about $936,057 to farmers and fishermen in the country affected by flooding. That amounts to about $6 Million TTD. …

Turks and Caicos Secures Funding For Spiny Lobster Project

Above: a spiny lobster By the Caribbean Journal staff The Turks and Caicos Islands’ Department for the Environment and Maritime Affairs has secured $65,000 in funding from the UK Foreign and Commonwealth Office for a study and project on spiny …

A Boost For Venture Capital in Jamaica

Above: Kingston (CJ Photo) By the Caribbean Journal staff The Development Bank of Jamaica will be launching a new venture capital fund in 2014, according to Finance Minister Dr Peter Phillips. The fund is set to launch within the first …

US Virgin Islands Receives Funding For St Croix Marine Research Facility

Above: St Croix By the Caribbean Journal staff The United States Virgin Islands has won a federal grant to support a new marine research facility in St Croix. The $150,000 grant was awarded by the US Department of the Interior’s …

Haiti Marriott Project Receiving $26.5 Million in Financing From IFC

Above: a rendering of the hotel By the Caribbean Journal staff The Marriott hotel project in Haiti’s Port-au-Prince is receiving $26.5 million in financing from the IFC. Turgeau Developments SA, which is sponsored by Digicel, will be receiving the funding …

Haiti: World Bank Approves $20 Million Grant For Public Sector Efficiency

Above: the World Bank’s headquarters By the Caribbean Journal staff The World Bank’s Board of Directors has approved a $20 million grant from the International Development Association targeting public sector efficiency in Haiti. The funding aims to increase “efficiency and …

US Virgin Islands Governor Asks Federal Officials For Energy Help

Above: USVI Governor John de Jongh By the Caribbean Journal staff Last year, the United States Virgin Islands lost its primary provider of fuel when it was announced that the HOVENSA oil refinery would be shuttering. That was only part …

Jamaica: $2.4 Billion in Funding Support Through PetroCaribe Since 2005

Above: Kingston (CJ Photo) Jamaica has received $2.4 billion USD in funding support thanks to its PetroCaribe agreement with the government of Venezuela, according to Dr Wesley Hughes, CEO of the PetroCaribe Development Fund. The funding total, which covers the …