A one-stop assistance service is provided by the BIDC to facilitate investment and to promote industrial development. All exporting companies and potential exporters should have a specialist BDO who will liaise between the exporter and the Corporation, providing advice, forwarding useful information and providing business development services generally. The Export Promotion Division organizes trade missions to selected target markets annually. All Barbadian companies with potential to penetrate or increase sales in the target markets are invited to participate.
Financial assistance is provided on a reimbursable basis.
The Export Promotion Division provides financial and other co-ordinating support for Barbadian companies showcasing their products at regional and international exhibitions. Representatives are contracted by the Export Promotion Division in these markets to promote and distribute Barbadian food products. A similar Market Development Programme for Barbadian craft is implemented from New York and craft producers with competitive advantages are encouraged to participate. This reimbursable grant scheme is administered by the Export Promotion Division. Barbadian manufacturers and service companies may apply for EGIS assistance to undertake market research, sales, promotion and marketing activities in overseas markets.