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1. Name of Organisation :

Centre for the Development of Industry (CDI)

2. Assistance Scheme/Program :

The CDI has four facilities. Within the framework of these facilities CDI provides its own expertise free of charge or makes a non-reimbursable financial contribution. The CDI does not finance the investment of the project but helps to put together a financial package.

Facility 1 - Identification of projects and potential partners

This includes opportunity studies by country or by sector, business contacts, search for partners. Facility 1 is open to development, promotion and finance institutions. The maximum CDI contribution is 50% of the total cost.

Facility 2 - Operations prior to implementation of a project

This includes feasibility studies, market surveys, diagnostics, expertise, rehabilitation, diversification, privatisation or expansion studies.

Facility 3 - Financial and legal structuring of the project

Including assistance in assembling the financial and legal packaging, search for financing and support in contact with finance institutions.

Facility 4 - Project start-up and development

Including advice on the purchase, inspection and reception of new or second-hand equipment, supervision of installation, technical assistance in start-up training, management and marketing. Facilities 2, 3 and 4 are open to promoters and/or companies willing to undertake an industrial project.

3. Criteria :

Requests for assistance submitted to the CDI are evaluated on the basis of the financial and technical viability of the projects and their contribution as regards the development of the country concerned. The total amount invested in the project must be between ECU 2000,000 and ECU 10 million, although smaller companies may be accepted in certain cases: pilot projects, regrouping of several; companies etc. The maximum CDI contribution is ECU 150,000 per project per year, or 2/3 of the total cost. The applicants must contribute at least 1/3 the cost.

Eligible countries in the Pacific are Cook Islands, Fiji, Kiribati, Papua New Guinea, Solomon Islands, Tonga, Tuvalu, Vanuatu and Samoa. To be eligible projects must:

  • include a partner or customer in the recipient country that will make a genuine contribution to the project;

  • contain a component involving transfer of technology, knowledge and/or skills that will support sustainable development;

  • bring benefits to the target country;

  • involve benefits for Canada;

  • have probable access to later funding that will allow implementation of the project; and

  • be designed to increase social and environmental benefits and to minimise adverse social and environmental impacts.