The PROCOM challenge invites businesses to apply for co-financing of up to EC$100,000.00 in selected areas.
The National Competitiveness and Productivity Council (NCPC) has extended the deadline for applications to the ProCom Challenge to June 30.
The PROCOM challenge invites businesses to apply for co-financing of up to EC$100,000.00 in selected areas.
Launched in April, the initial closing date for the submission of proposals was May 27, but due to an overwhelming positive response from the business community, the deadline has been extended.
“The response has been very encouraging,” NCPC Communications Specialist, Taluah Girard, said. “We’ve been receiving calls and emails from people from the manufacturing industry, from the agricultural sector, and even from technology companies. Initially we will provide technical assistance in regard to the design and the pilot implementation of their project but what we also want to do is to team up with TEPA and the SBDC and see how they also can help these agencies in terms of giving them business advice.
“We want this to be successful so we want to ensure that everything is going according to plan, and that we have a successful project.”
The NCPC hopes to repeat the initiative in the near future.
“We want to ensure that we have successful projects or solutions so that when it comes time for the second round we can say yes this is something that we can definitely go ahead with. So we are hoping that we get success stories out of this.” The ProCom Challenge is not designed to fund start ups but is open to micro and small enterprises from any business sector.