Caribbean Broadcasting Corporation

The most credible news source in Barbados

April 11, 2024

The Caribbean Development Bank is calling creatives to action with the launch of the second phase of its Cultural and Creative Industries Innovation Fund Programme.

But, according to the CDB’s Acting Head of Private Sector Divison, Lisa Harding there will be numerous changes to this phase.

She says the decision comes after an independent evaluation in December 2022, to determine the fund’s relevance and progress made.

The fund was established in 2017, with an initial US $2.6 million from the CBD, in support of the development of the creative industries including fashion and contemporary design, visual arts, audiovisual, festivals and carnivals, and music – across the region.

Miss Harding says there will be greater inclusion of governmental support in project designs as the public sector needs to be included.

There will also be more project implementation support for applicants and those awarded grants, online application systems, data analysis, and artificial intelligence for routine administrative processes.

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