From:TheBahamasWeekly.com
Caribbean Export Launches the Regional Investor of the Year Award 2014
By JoEllen R. Laryea
Sep 11, 2014 - 2:26:34 PM
Bridgetown, Barbados - The Caribbean Export
Development Agency (Caribbean Export) and the Caribbean Association of
Investment Promotion Agencies (CAIPA) have announced the 2nd hosting of
the Caribbean’s Regional Investor of the Year Awards 2014 (RIYA 2014).
RIYA
2014 is a prestigious and unique annual award programme that seeks to
recognize and salute the achievement of pan-Caribbean foreign and local
investors. These investors have demonstrated exceptional business
practices, economic achievements and investments across the Caribbean.
The awards recognize the contribution of not only foreign but also local
investors, to improving the region’s investment climate.
The
inaugural awards in 2013 focused on the creation of jobs by regional
investors during harsh economic times, in particular the recession of
2008-2012. Last year’s overall RIYA2013 winner was ARS Humano, who was
also the winner of the Local Investor of the Year category. The company
is based in the Dominican Republic and is a leader in the health
insurance business. Qualfon Guyana Inc., a provider of contact center,
back-office, and business process outsourcing (BPO) services, copped the
title for Foreign Investor of the Year and the Cayman Enterprise City, a
company that offers jurisdictional and tax benefits in a Special
Economic Zone in the Cayman Islands was awarded the Special Award for
2013. Videos of these regional success stories can be found on the
Agency’s YouTube page The Caribbean Export.
This year the RIYA
2014 is turning its attention to the green economy and the region’s
efforts at protecting its environment. RIYA 2014 will seek to promote
investments in initiatives that employ environmentally friendly and
sustainable business practices – initiatives that protect the region’s
delicate ecosystem – its flora, fauna and human life. Foreign and local
investor applicants must demonstrate that they have made significant
contributions through changes in processes, practices, and structures to
moderate potential damages to our ecosystem or to benefit from
opportunities associated with the green economy.
This year’s
Special Award category will bring the spotlight on Women Investors and
their achievements in the region. Applicants in this category do not
have to be investors in a green initiative per se, but must demonstrate
the significant impact they have had on the region’s socio-economic
development, because of their investment.
The
RIYA 2014 will again feature 3 specific award categories and applicants
must clearly identify the category (ies) in which they wish to be
evaluated:
1. Foreign Investor of the Year Award: This award
seeks to honour foreign investors (non-Caribbean nationals), who have
invested in operations in the region that have generated a significant
impact on the green economy.
2. Local Investor of the
Year Award: This award seeks to honour local investors, of Caribbean
birth who have invested in operations in the region that have generated a
significant impact on the green economy.
3. Special
Award: Special recognition will be given to women investors who have
significantly contributed to the socio-economic development of the
region through their investment.
An overall Regional
Investor of the Year awardee will be selected from one of the category
winners to be named the Regional Investor of the Year Awardee for 2014.
Application Forms and additional information on the RIYA 2014 can be
found at: www.carib-export.com and www.caipainvest.org and persons or
firms are requested to submit applications to the Investment Promotion
Agency (IPA) within their territory for pre-selection. Each IPA will be
responsible for submitting at least 2 applicants per category to the
RIYA Evaluation Committee for the selection of overall winners.
The deadline for submissions to IPAs is October 10, 2014.
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