Welcome to E-Caribbeanshop Exchange
E-Caribbeanshop Exchange has established its first chapter in Trinidad and Tobago on October 1st 2018.
Our Mission
To help Micro Small and Medium Enterprises (MSMEs) within the Caribbean to improve sustainability, efficiency and effectiveness by leveraging the use of social networking and technology.
Our Vision
We will become the #1 shopping exchange in the Caribbean by creating a customer focused, quality driven, online trading community.
Our Passion
Our passion for building businesses for professionals and entrepreneurs over the years through voluntary work has brought this team together. As a team we are committed to sharing our knowledge...
MSME's in Trinidad & Tobago
“SMEs vary by definition, depending on which part of the world they operate are the lifeblood of most economies. Millions of people are actively engaged in managing businesses that are less than four years old. What’s more, statistics indicate that the SME sector’s performance will be the engine of true growth in the new changing economy."
A recent World Bank report notes that, “Small and Medium Enterprises (SMEs) play a major role in most economies, particularly in developing countries. Formal SMEs contribute up to 60% of total employment and up to 40% of national income (GDP) in emerging economies. These numbers are significantly higher when informal SMEs are included.” The Annual Report on European Economies 2015/2016 cites that “SMEs form the backbone of the EU28 economy”. News Day Thursday 3 August 2017
Training Courses Available
Business Growth - Level 1
We provide in house training in addition to a forum for businesses to meet and network
Business Growth - Level 2
We provide in house training in addition to a forum for businesses to meet and network
Business Growth - Level 3
We provide in house training in addition to a forum for businesses to meet and network
Business Consultancy Services
We develop Quality Management Systems (QMS) for businesses to improve customer focus, effectiveness and efficiency. Our consultancy services are focused to 3 categories of businesses.
MSME’S in the Caribbean
“The Micro, Small and Medium Enterprises (MSME) sector is a substantial contributor to economic and
social development in the Caribbean, accounting for more than 50% of regional enterprises, and over 50% of Gross Domestic Product. Despite these significant contributions, MSMEs face a number of major constraints, including inadequate access to financial resources for investment and working capital; gaps in training in business skills; high cost of infrastructure services; inadequate physical infrastructure support (for example, warehousing, factory and commercial space, industrial parks, etc.); low levels of technology usage to improve productivity and; and lack of competitiveness.
Given the important role of the sector, the major challenge facing policy-makers today is to ensure that MSMEs receive adequate support needed to enhance competitiveness; maximise growth potential; and generate employment while contributing to gender equality, and poverty reduction”.
