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Business Environment Enhancement
Support for Business Association

The OPSR will provide support to Business Associations, the benefits of which should redound to the members of the Association. Support will be provided under three main areas, namely:

• Product and Market Development
• Human Resource Development
• Business Cooperatives / Agreements

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Product and Market Development

To compete in modern markets, organizations need to have an in-depth understanding of the markets in which they operate and sufficient research into the markets that they seek to expand into. The OPSR under this component will seek to facilitate the expansion of market access for services and products and for the establishment of mechanisms for direct trading, market intelligence support services as well as trade and payment facilitation.

  Human Resource Development
      The OPSR recognizes the importance of a sound, competent workforce to the development of St. Lucia’s service-based economy. Therefore we are keen on providing the assistance to improve effective entrepreneurship/technical skills. This will be done by supporting the provision of high quality and well-adapted training, technical assistance and consultancy.  
   

Business Cooperation / Agreements

In order to experience continued growth, St. Lucian business will need to explore the potential for establishing joint ventures and strategic alliances with both international and regional counterparts. This will positions our companies to be more competitive within the CSM as well as in the wider global economy. The OPSR will therefore provide support to help promote joint ventures, strategic alliances and technology transfer.

 

Support for the Public Sector

A more efficient Public Sector will be able to provide better support to the Private Sector. Hence, the OPSR will provide support to the Public Sector, Ministries, Statutory Bodies etc. through the following initiatives:

• Capacity Building and Institutional Strengthening
• Policy and Legislative Improvements

 
   

Capacity Building and Institutional Strengthening

This will be conducted with a view to improving the capabilities of the Public Sector Agencies to meet the needs of their clientele as well as improving the quality of the dialogue between themselves and the private sector.

 

Policy and Legislative Improvements

This will assist with the review of existing legislation that may be hindering private sector development in addition to the drafting of new legislation. Government will therefore be assisted in developing a policy environment that will foster growth in the Private sector.


APPLICATION FORM
(Download, complete & email to OPSR)
 
                                 
   

Legislation that Impacts Business In St. Lucia


• Fiscal Incentives Act
• Tourism Incentives Act
• Special Development Areas Act
• Tourist Duty Free Shopping Systems Act
• Alien’s Licensing Act
• Companies Act
• Gaming Act

     
           
                                     
                                     
  The Office of Private Sector Relations
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