Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698058463847.pdf (Grenada)
OVERVIEW The Climate Smart Agriculture & Rural Development Programme Enterprise (SAEP) is funded by the Government of Grenada under financing from the Inter- national Fund For Agricultural Develop- ment (IFAD) and the Caribbean Devel- opment Bank (CDB).
With reference to the implementation of the Enterprise Business Development component of SAEP, contributions are also provided by the Grenada Investment Development Corporation (GIDC) and beneficiaries to facilitate the implementa- tion of this component of the pro- gramme.
EBD OFFICE Grenada Investment Development Corporation Frequente Industrial Park Frequente, St. George Contact: 444-1033/35 Email: ebd@gidc.gd Enterprise business development Component Of the Climate Smart Agriculture & Rural Enterprise Programme (SAEP) 2018 — 2024 Contributing to the reduction of poverty and vulnerability of men and women in rural communities in the Tri - island state of Grenada ENTERPRISE BUSINESS DEVELOPMENT (EBD): 2.
Existing Businesses - Business Skills Training REQUIREMENTS FOR START-UPS The EBD seeks to support start-up enter- prises in rural areas through capacity build- ing, technical assistance services and grant financing.

Training is also provided to exist- ing enterprises.

WHO CAN BENEFIT?

• Unemployed & underemployed young people (ages 16-35) who are interested in starting a business; • Existing entrepreneurs.

OPPORTUNITIES: 1.
Start-ups-Entrepreneurial Training Young people who are aspiring to start a business or currently operating a business for less than 3 years will receive training in the following areas: • Remedial Education • Life Skills • Information Communication Technolo- gy (ICT) • Entrepreneurial Skills Development • Grant Proposal Writing • Record-Keeping Registered business owners operating for over 3 years will receive training in the fol- lowing areas: • Business Plan Development • Record-Keeping • Marketing • Costing & Pricing 3.
Grant Financing Grant financing as follows can be accessed by young people desirous of starting a busi- ness upon completion of the training: First Push Grant A maximum of EC$2,688 for individuals and a maximum of EC$6,720 for groups.

A 5% in-kind contribution is required.

Business Grant A maximum of EC$25,000 for individuals and a maximum of EC$80,646 for groups.

A 5% in-kind contribution and 5% cash contribution is required.

YOUNG PEOPLE INTERESTED IN STARTING A BUSINESS MUST: 1.
Register, participate in an interview and complete an assessment.

2.

Attain 100% attendance in the training.

3.

Complete a grant proposal & business plan to access grant financing.

REQUIREMENTS FOR EXISTING BUSINESS OWNERS EXISTING BUSINESS OWNERS MUST: 1.

Register to participate in the programme.

2.

Have a legally registered business.

3.

Be in operation for over 3 years.

4.

Participate in the handholding and technical assistance programme.