Department of Economic Development

N/A

The Department of Economic Development promotes growth, competitiveness, and innovation in Member States through programs that support economic actors in domestic and international markets. By focusing on micro, small, and medium-sized enterprises (MSMEs), the department fosters job creation, poverty reduction, and social inclusion. Additionally, DED supports political dialogue, knowledge exchange, strategic alliances, and commercial opportunities.

The Department focuses on promoting inclusive and competitive economies through the following areas:

• Competitiveness, Innovation, and Technology: Supports economic growth in the region by promoting public policy dialogue, capacity building, and the development of cooperation initiatives and technical documents on competitiveness and innovation.

• Trade and Economic Development: Enhances institutional capacities of Member States to design and implement policies and programs for micro, small, and medium-sized enterprises (MSMEs), and trade, through training, horizontal cooperation, and sharing best practices.

• Culture and Tourism: Strengthens institutional capacities to develop and execute policies and programs in culture and tourism, supporting Member States with training, cooperation, and best practices.

The Department of Economic Development (DED) is under the Executive Secretariat for Integral Development (SEDI)



More Results
Highlighted Results
40 centers operating across CARICOM region providing a wide range of business development services to the Small Business Development Centers sector
Establishment of the Caribbean Network of Small Business Development Centers
90 Micro, Small and Medium Enterprises completed 3 intensive accelerator programs geared toward tourism, creative, agro-processing industries
Over 2000 Caribbean entrepreneurs participated in micro and small business program’s series on management skills to face the COVID pandemic
15 ACEs Offered Impacting Over 5K Beneficiaries.
40+ tourism security training workshops for public and private sector held in member states
60 SEBRAE Nacional and State representatives completed a week-long training program, enhancing their skills in supporting small enterprises.
Over 100 government, NGO, private sector, and academic stakeholders in Ecuador were introduced to the U.S. SBDC model in virtual sessions by UTSA.
1 MoU signed with the Uruguayan Agency for International Cooperation to formalize partnership and guide SBDC program implementation.
More Projects
Highlighted Projects, Programs and Initiatives
Young artist with framed art in the background
Small Business Development Centers Program (SBDC)
The SBDC program envisions a sustainable small business assistance network across Latin America and the Caribbean, based on the U.S. model, providing entrepreneurs with community-level resources and s
Tourism Safety and Security
To promote capacity building In Tourism Security for the public and private sectors in tourism destinations of the Hemisphere.
Inter-American Dialogue of MSMEs Authorities
The Inter-American Dialogue of High-Level MSME Authorities provides a forum for the exchange of experiences and identification of cooperation initiatives to improve the competitiveness and innovation
Group of leaders from the public, private and academic sectors.
Americas Competitiveness Exchange (ACE)
The Americas Competitiveness Exchange (ACE) is the premier economic development, innovation, and entrepreneurial network of the Americas.
SICE avatar
Foreign Trade Information System (SICE)
Foreign Trade Information System Providing Trade, providing Trade Information to Governments and SMEs
Logo of Prospecta Americas Initiaitive.
Prospecta Americas
Regional technology foresight network on top transformative technologies that aims to identify, map and study trends and technological developments in sectors of critical importance for the Americas.
Indigenous Tourism Collaborative of the Americas
A network of indigenous leaders and tourism industry organizations created to drive collaborative action in support of sustainable development and growth in indigenous communities.
Resources
Inter-American Council for Integral Development (CIDI)
The Inter-American Council for Integral Development (CIDI) is one of two councils that report directly to the General Assembly of the Organization of American States (OAS).
Logo