A landmark initiative to transform the agricultural landscape across five Caribbean nations was formally launched on March 11, 2026, through a virtual event hosted by the Inter-American Institute for Cooperation on Agriculture (IICA). The AgriMSE Business Development and Regional Market Integration Project, backed by Caribbean Development Bank (CDB) funding, aims to elevate the competitive edge, operational efficiency, and market penetration of Agricultural Micro and Small Enterprises (AgriMSEs) in Antigua and Barbuda, Dominica, Grenada, St. Lucia, and Trinidad and Tobago.
Diana Francis, IICA’s Representative in Trinidad and Tobago, inaugurated the event by highlighting the pivotal role of AgriMSEs as engines for agricultural value chains, rural economic vitality, and food security. She stressed that successful integration of these enterprises into broader markets necessitates robust, sustained collaborations among regional institutions, development partners, the private sector, and consumers. Francis specifically pointed to the indispensable role that distribution, marketing, and logistics corporations will play in ensuring the seamless movement of goods across domestic, regional, and international markets.
The project’s implementation strategy is structured around three specialized consultancy streams, which IICA will oversee to ensure cohesion and provide technical support. EconoTech Ltd. will lead efforts to enhance business and production efficiencies for market scaling; Jai Rampersad will spearhead intra-regional marketing and export facilitation; and GBest Consulting will focus on improving creditworthiness and financing access for AgriMSEs. This multi-pronged approach, developed in concert with national entities, is designed to boost enterprise performance, readiness for export, and access to capital.
The launch also featured presentations on complementary initiatives financed by the European Union. Janet Lawrence, IICA’s Agricultural Health, Food Safety and Quality Specialist for the Caribbean, detailed the EU’s long-standing commitment to regional agricultural development, particularly in addressing sanitary and phytosanitary (SPS) standards and building capacity for over a decade. These EU-funded programs will work in tandem with the IICA-CDB project, offering additional resources to not only AgriMSEs but also to policymakers and institutions working to create a more favorable operational environment. Key focus areas include food safety, quality assurance, and regulatory frameworks—critical components for competing in global markets.
Adding a significant private sector perspective, Patrick Antoine, CEO and Technical Director of the Caricom Private Sector Organisation (CPSO), addressed the audience. He advocated for enhanced collaboration between small agricultural enterprises and larger regional firms to tackle common challenges related to scale, logistics, and processing. Antoine announced the formation of a Regional Agribusiness Working Group by the CPSO, intended to perpetuate the project’s objectives beyond its formal timeline. This group will harness the expertise, networks, and technical capabilities of major enterprises to provide direct support to AgriMSEs, particularly in shared processing, logistics, and packaging.
Antoine also revealed a major financial development: the African Export Import Bank (Afreximbank) has increased its investment commitment to the Caribbean from $3 billion to $5 billion, signaling vastly expanded financing opportunities. The Working Group will leverage such partnerships and utilize tools like the Regional AgriMSE Database, currently under development, to deliver targeted support and advance the Caricom 25 by 2025 plus 5 food security agenda.
Scheduled for an 18–24 month duration, the project will engage AgriMSEs through diagnostic assessments, technical support programs, and market development initiatives. An AgriMSE participant present at the launch described the session as ‘inspiring’ and ‘purpose-driven,’ noting that it comprehensively addressed long-standing requests from the sector.
Francis concluded by framing the initiative as more than a typical project. ‘Its overwhelming focus is ensuring that agri-food products from micro and small businesses meet the quality and price competitiveness required to establish a presence in domestic and export markets,’ she stated. The project also aims to fortify a foundation for ongoing, organized collaboration in support of AgriMSEs through the strategic IICA-CPSO partnership and other aligned entities.
AgriMSEs interested in participating, including those who missed the launch, are encouraged to contact the project team at agrimse.tt@iica.int to be included in future communications.