Cultural and Creatives Industries Innovation Fund Coordinator

15 Aug 2017







The Caribbean Development Bank (CDB) has allocated financing towards the cost of the Establishment of a Cultural and Creative Industries Innovation Fund (CIIF) and intends to apply a portion of the proceeds of this financing to eligible payments under a contract for which this invitation is issued. The financing shall not be used for the purpose of any payment to persons or entities, or for any import of goods, if such payment or import, to the knowledge of CDB, is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations. No party other than CDB shall derive any rights from the financing or have any claim to the proceeds of the financing.

The objectives of the CIIF are to:

(a) support the enabling environment for the development of the cultural and creative industries (CIs) sector in beneficiary countries with a focus on legislative reforms and incentive policies;

(b) improve the quality, depth and dissemination of research on the CIs sector, and to strengthen the existing knowledge infrastructure related to CIs;

(c) enhance the technical capacity and knowledge of micro, small and medium sized enterprises in the CIs sector to improve their competitiveness to participate in local, regional and international markets;

(d) increase the generation of employment and income by strengthening MSMEs involved in the CIs sector with resources to finance innovative ventures, develop new products, implement new business models, and enter new markets; and

(e) strengthen business support organisations that support the CIs to deliver capacity building at national and regional levels in CDB’s Borrowing Member Countries.

The objectives of the consultancy is understood to cover all the activities necessary to accomplish the stated objectives of the Fund. The main tasks/activities are as follows:

(a) provide oversight and guidance to the implementation of CIIF in accordance with CDB’s operational policies and guidelines and the terms and conditions as set out in Trust Fund Administration Agreement (TFAA);

(b) develop an operations manual for CIIF including eligibility and selection criteria for each component of the Fund;

(c) guide applicants with relevant procedures and processes;

(d) arrange and execute the launch of the Fund and its ongoing promotion through appropriate national and regional media communications and promotional activities in keeping with the approved budget;

(e) represent and promote the Fund in national and international arenas as required and maintain close continued collaboration with development partners relevant to the Fund;

(f) issue calls for proposals and communicate to potential beneficiaries of the Trust Fund on request, the objectives, and procedures for accessing the resources of the Trust Fund;

(g) facilitate disbursements to grantees and/or vendors according to grant agreements;

(h) monitor and evaluate the performance of the Fund during the period of disbursement of the Fund and prepare reports to the management of CDB on the performance of the Trust Fund including its financial performance; and

(i) identify and mobilise additional resources for the continuation and growth of the Fund beyond its initial capitalisation.

Further details can be found in the Terms of Reference available here.

The duration of the assignment is expected to be for a period not exceeding 42 months.

CDB now invites interested eligible individual consultants to submit Expressions of Interest indicating qualifications and experience required to provide these consultancy services.

Consultants shall be eligible to participate if:

(a) the persons are citizens or bona fide residents of an eligible country; and

(b) in all cases, the consultant has no arrangement and undertakes not to make any arrangements, whereby any substantial part of the net profits or other tangible benefits of the contract will accrue or be paid to a person not a citizen or bona fide resident of an eligible country.

Eligible countries are member countries of CDB.

In the assessment of submissions, consideration will be given to qualifications and experience on similar assignments. All information must be submitted in English. Further information may be obtained from the email address below between 8:30 a.m. and 4:30 p.m. (Barbados time), Monday to Friday with copy to

Electronic copies of the Expressions of Interest must be emailed to CDB at no later than 16:00 hours (Barbados time) on Friday, September, 29, 2017. The email must include the name and address of the applicant and the subject line shall be clearly marked “EXPRESSION OF INTEREST – CONSULTANCY SERVICES FOR “CULTURAL AND CREATIVES INDUSTRIES INNOVATION FUND COORDINATOR.

Following the assessment of submissions and interviews, the most technically capable and appropriately experienced applicant will be invited to negotiate a contract to provide the consultancy services. CDB reserves the right to accept or reject late applications or to cancel the present invitation partially or in its entirety. It will not be bound to assign any reason for not engaging the services of any applicant and will not defray any costs incurred by any applicant in the preparation and submission of Expressions of Interest.

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