Invest SVG Helpdesk

   

 

Welcome to the website of Invest SVG. This website is designed to provide easily and readily accessible detailed information about St. Vincent and the Grenadines as an investment location.
 

Invest in St.Vincent and the Grenadines

Although Invest SVG is responsible for attracting investment in all economic sectors, special emphasis has been placed on Hotel Development, Light Manufacturing and Agro-Processing. The International Financial Services industry is also a major source of FDI.
St. Vincent and the Grenadines also offers registration for flags of convenience.
The island offers an unhindered and stable foreign exchange regime, stable labour relations, an independent and efficient judiciary system, significant tax holidays, tax-free status for international entities, a tradition of support for foreign private investment (Mustique and Canouan being fine examples), excellent telecommunications and low operating costs among other investor benefits.
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Invest SVG Advantage

Invest SVG is a one-stop shop that is "Bridging the Gap" between host country St. Vincent and the Grenadines and the Investor through dynamic, customer-focused strategies aimed at enhancing Trade and Foreign Direct Investment flows.


History


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The Development Corporation (DEVCO) initially managed the Investment Promotion functions of St. Vincent and the Grenadines. This company was also charged with the responsibility of property acquisition and disposal and the provision of loans and other forms of financial assistance.

In keeping with the Government’s drive to improve St. Vincent and the Grenadines’ capacity and capability to attract quality investment and develop competitive export sectors, a research project was commissioned to evaluate the effectiveness of DEVCO. The project was conducted by the Commonwealth Fund for Technical Cooperation (CFTC) in conjunction with Growth Facilitators of Jamaica.

The report concluded that in order for the Government to achieve its ideals of self-sustainable and balanced economic growth it was necessary to create a separate entity which would be responsible for the island’s Investment Promotions and Foreign Direct Investment functions. Consequently the National Investment Promotions Incorporated was founded by decree in October 2003.

NIPI was rebranded Invest SVG in a move to bolster the company’s image and identity regionally and internationally.  The Invest SVG brand was launched on August 24th 2009.

Invest SVG formerly operated as National Investment Promotions Inc is the gateway which connects the world to St. Vincent and the Grenadines, enabling local and foreign investors alike the opportunity to invest in all the economic sectors in the country. Special emphasis has been placed on:

  • Hotel Development
  • Light Manufacturing
  • Agro-Processing
  • Information and Communications Technology (ICT) 
  • International Financial Services (IFS)
  • Creative Industry
  • Renewable Energy


Invest SVG reports to the Office of the Prime Minister. This ensures that Invest SVG gets the full weight of the Office of the Prime Minister on multi-sectoral issues.

Cabinet has appointed a Board of Directors drawn from the public and private sectors. The Board is responsible for policy guidance, strategic planning and ensuring the accountability of the Executive Director. The Board is aware that Investment Promotions is highly competitive and that the company must be staffed with personnel who are aggressive, responsive, market driven, client focused and flexible.
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Mission

The Mission of Invest SVG is to facilitate sustainable economic growth in St. Vincent and the Grenadines by providing Investment Promotions, Export Development, Business Facilitation and Research Services to potential and existing local and foreign investors and Government Agencies.

Invest SVG will achieve this by being customer focused, information and technology driven, by employing motivated and professional staff and by being a consultant with key stakeholders in the private and public sectors.

Structure

 

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Edmond A. Jackson – Chairman


Mr. Jackson brings over fifteen years of professional experience to the task. He holds a BSc. in Economics and Management from the University of the West Indies and a MSc. in Financial Economics from the University of London.
A career civil servant, Mr. Jackson joined the service as a Junior Clerk in 1985. He currently holds the post of Budget Director in the Ministry of Finance and Planning.
Mr. Jackson is also a keen Credit Unionist and he has served as President and Treasurer of the Kingstown Co-operative Credit Union. He is also currently a Director of the National Commercial Bank.
Throughout his career, Mr. Jackson has always strived to promote an agenda of reform within the civil service and therefore ensures that his Ministry – The Ministry of Finance and Planning, provides a useful platform from which to lead change within the system. Change is therefore not new to him.

 


Ms. Clare Keizer – Deputy Chairman


 Miss Clare Keizer holds a Bachelor of Science honours degree in Computer Science with Physics from the University of the West Indies and a Master of Science degree in Computer Science from the University of Western Ontario, Canada.
 She is currently the Chief Executive Officer of Interactive Media Ltd., publishers of Searchlight newspaper.
 Miss Keizer is an Accredited Director with the Institute of Chartered Secretaries and Administrators/Chartered Secretaries Canada and has been trained in strategic management and project design, analysis and management.
She worked for several years as the Director of Technology at a large data processing company and for four years, functioned as the Project Co-Coordinator of the Heritage Tourism Project of St.Vincent and the Grenadines.
 She is Chairman of I.M. Holdings Inc., a Director of Interactive Media Ltd. and Company Secretary / Director of SVG Publishers Inc.
 Given the government’s heightened focus on the development of the Information Technology and Tourism sectors, Ms Keizer’s experience and expertise in these areas, as well as her experience in the private sector, are invaluable assets to the NIPI.

 

Mrs. Laura Anthony Browne

Mrs. Laura Anthony Browne holds a Bachelor of Science honours degree in Economics from the University of the West Indies, a Master of Science degree in Financial Economics from the University of
London and a Master of Science degree in Marketing from the University of Leicester.
 Mrs. Anthony-Browne joined the Civil Service in 1986 as a Senior Economist. She worked with the Eastern Caribbean Central Bank as an Economist and Debt Coordinator from (1994-1997).
She later returned to the Civil Service and has been employed with the Government of St. Vincent and the Grenadines from 1997 to present. She is currently the Director of
Planning and the National Authorising Officer for SVG/EU Cooperation.
 Mrs. Anthony-Browne has had short term training in the following areas:
 Harvard University – Kennedy School of Government- Senior Managers in Government
 International Monetary Fund Institute – Techniques of Financial Analysis and Programming
 Caribbean Development Bank
 Project Management and Appraisal

 

Mrs Shirla Francis

 Employment History: - Joined the Public Service on February 1, 1980 as a Statistical Assistant.
 Held several positions in the Statistical Office including Senior Statistician in 1997
 February 1, 2002 - 2004 Permanent Secretary acting
 Present Permanent Secretary Ministry of Telecommunications, Science, Technology and Industry
 
 Education: - Post-graduate Diploma, International Relations, U.W.I. St. Augustine
 - BSc., Economics, U.W.I. Mona
 - Diploma, Economic Statistics, International Statistical Programs Centre, Washington DC. USA
 - Certificate, Gender and Development, U.W.I., Cave Hill
 - Certificate, Public Administration, U.W.I.
 Other Training - Project Management – Balance of Payment, - Index Construction etc..
  

Mrs Laverne Grant

 Mrs Laverne Grant holds a BSc. Accounting and a Msc. Project Management and Evaluation from the University of the West Indies Cave Hill Campus.
She joined the Public Service in 1989 and worked in the Ministries of Tourism and Trade, the Treasury Department and
The Prime Minister’s Office. Presently she is the Permanent Secretary in the Ministry of Tourism, Youth and Sports.

 

 

 

 

 

 

Ayanna Baptiste – Corporate Secretary

 Ms. Ayanna Baptiste holds a LL.B (Hons) from the University of the West Indies, Cave Hill Campus and a LEC of Merit from the Hugh Wooding Law School, Republic of Trinidad and Tobago.
She is currently a Crown Counsel with the Attorney General’s Chambers.

 

 

 

 


 
 Mr. Ivo Carr
 

 

 

Marketing and Communications Department
This Department seeks to collect, collate, analyse and disseminate information about investment opportunities in and out of St. Vincent and the Grenadines and, advising on the availability, choice or suitability of investment partners; so as to capture evolving business opportunities and promote all economic sectors (tourism, agro-processing, light manufacturing, Information and Communication Technology and International Financial Services).


Marketing and Promotional strategies include:

  Investment Exhibitions
  Inward and Outward Investment Seminars and Missions
  Trade Shows
  Advertising in industry or sector specific media

Business Facilitation/Investment Services Department

This department is broken down into three main areas:

Pre Investment
Post Investment
Aftercare

Effective Investment Facilitation Requires:

Ownership
Understanding Investor Requirements
Information Provision
Package Offer
Visit Handling
One Stop Shop


Research Information Development Department

Functions

Research/Studies
Information Management

The aim of this Department is to establish an enabling environment in St. Vincent and the Grenadines by seeking to develop, provide and disseminate timely and cost-efficient, accurate investment intelligence/research and up-to-date information to potential and existing investors and local businesses.

How are we going to get there?

Research will conduct the relevant and accurate analyses: economic trends, labour, impact and implications of policy, legislation and regulations related to private investment
Research will create and manage databases that are easily accessible and responsive to the needs of customers
Without fail provide relevant, meaningful and accurate data
Establish alliances with key external organisation: linked w/ OECS/EDU, DoL, ECCB, ITC, FIAS FDI Exchange
Track key economic indicators quarterly

Export Development Department
Export Department Vision:
To develop the export capacity and improve the competitiveness of export-oriented business involved in the production of value added products and services in key sectors.

Responsibilities
The promotion of the sectors that have high Export Potential i.e. the Creative Industry

Focus on select sectors within the National Export Strategy (NES) framework.
Focus on select companies with potential for significant export growth by providing value added services
Leverage resources by accessing TA/grant funds to carry out developmental initiatives
Leverage resources by charging users for select services
Participate in policy discussions which will promote export development

 

Bernadette Ambrose-Black
Executive Director

   

A stalwart pillar in her own right, newly appointed Executive Director Bernadette Ambrose-Black has hit the ground running since her assumption of duties on August 2, 2013.  She has wasted no time in assimilating herself in to the innate workings of Invest SVG. Shortly after her commencement of duties, her baptism by fire had her not only leading missions to Trinidad and Tobago and the United Kingdom, but being keynote speaker at these missions.  Soon thereafter, she headed the organization’s ten year celebrations with the anniversary exhibition on the 27th September 2013. Ambrose-Black though petite, is a force to be reckoned with and will undoubtedly do St. Vincent and the Grenadines and Invest SVG proud. 

 

Allan Alexander
Deputy Executive Director

Allan Alexander moved over from the civil service in 2011 to join the ranks the organization as the Deputy Executive Director.  He is directly responsible for the human resources management of the organization.

 

Nadine Agard
Business Facilitation Manager
 
Nadine Agard is at the helm of the Business Facilitation Department. She assists clients throughout the investment process and is with them from inception to completion of their projects and beyond. She has been employed with the Agency since 2006 and has had the esteemed pleasure of working along with successful projects such as; Buccament Bay Resorts, Tribune Resorts, Bequia Beach Hotel and Hazeco Tours.
 
 
Shanna Browne
Export Development Manager

Shanna Browne works along with clients to assist them with the promotion of goods and services that have high export potential. With her ever vibrant personality, Ms. Browne has also made quite a name for the country in the cultural and creative sector. She has been quite instrumental in the ground work for the future establishment of a Creative Campus where local and international artist, song writers and producers will be able to meet and collaborate to bring Caribbean flavour to the world.
 
 
Jeanne Martin
Marketing Officer
 
Jeanne Martin joined the Invest SVG family in 2010 and in the last four years has made her mark in the promotion of Invest SVG and their targeted sectors. Her tall stature commands the respect of not only her peers but also the business community with which she has interfaced. She has lead missions to Sinapore and Brazil and collaborated on other international and local events in aims of getting the investment offerings of St. Vincent and the Grenadines marketed.
 
 
Hazell-Ann Nero
Projects Officer
 
 
Hazell-Ann Nero has over three years of project management experience and over eighteen years of Administrative experience. As a Project Officer at Invest SVG, Ms. Nero is responsible for among other things, the drafting and preparation of procurement documents, drafting of proposals, monitoring and evaluating contracts and identification of sources of funding and capacity building opportunities.
 
 
Angenella Young
Research and Information Development Assistance
 
 
Angenella Young has been with Invest SVG since 2003 and has worn many hats as the agency has evolved over the years. Currently, Ms Young provides the agency with vital market research and is Invest SVG's "in house" graphic design guru. She is responsible for updating Invest SVG's digital media portals and also brings with her years of talent and expertise in event management. This gift has been quite useful to Invest SVG on many of our outward missions.
 
 
Juanita Alexander
Administrative Assistant 
 
 
Juanita Alexander joined the Invest SVG team in 2005 after working in the legal field for over ten years. She currently provides direct support to the Executive Director and manages the administrative human resources activities of the agency. Juan, as she is affectionately referred to in office is a charismatic individual who makes sure we have the right mix of work and play keeping the organization united.
 
 
Roxanne Hadaway
Receptionist/Secretary
 
Roxann Hadaway has been a valuable resource in advancing the administrative process of Invest SVG. She is reliable artery to the organization and contributes towards achieving Invest SVG's mission.
 
 
Latisha Holder
Receptionist/Attendant
 
 
Latisha Holder is a founding member on the Invest SVG family, Ms Latisha Holder serves as an integral part of the team by providing day to day assistance to the administrative department.
 

 

 


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Contact Us
Invest SVG
2nd Floor
Reigate Bldg.
Granby Street
P.O. Box 2442 Kingstown
St. Vincent & The Grenadines

Tel: 1 784 457 2159
Fax:
1 784 456 2688
E-Mail

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