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CDB issues US$100,000 in relief grants for creative industries sector
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Published on
Dec 11, 2020
The Caribbean Development Bank has awarded US$ 100,000 in grant funding to seven cultural projects through an initiative to provide emergency relief to the creative industries (CI) sector in the wake of COVID-19.
The funding came under a special Emergency Relief Grant an output of the Bank’s Cultural and Creative Industries Innovation Fund (CIIF) to assist CI entrepreneurs who demonstrated loss of income from music, festival and carnival events that have been cancelled as a result of COVID-19.
CIIF received over 300 applications from 17 of CDB’s 19 Borrowing Member Countries.
Lisa Harding, Coordinator, Micro, Small and Medium-sized Enterprises (MSME) Development at CDB noted: