Funding & Grants

EGFL provides loan and equity financing for SMEs and also manages the following sectoral funds: 

FUNDING FOR SMALL HOTELS & THE SMALL HOTELS OF BARBADOS INC. The Small Hotels Investment Fund (SHIF) assists small hotels with marketing, management, procurement of joint services and refurbishment. The...
FACTORING FOR SMALL BUSINESSES The Trade Receivables Liquidity Facility (TRLF) is a Government of Barbados initiative which allows small businesses to receive timely payments at discounted rates for goods and...
FUNDING FOR THE HOTELS AND ATTRACTIONS SECTORS The Tourism Loan Fund provides loans for the refurbishing and upgrading of eligible hotels and attractions and/or for the construction of facilities to...
FUNDING FOR INDIVIDUALS AND BUSINESSES WITH INNOVATIVE IDEAS The Innovation Fund provides seed capital and technical expertise to entrepreneurs who have innovative ideas and are in need of funds to...
FUNDING FOR MANUFACTURERS The Industrial Investment and Employment Fund (IIEF) provides local manufacturers with low-cost financing from BDS$50,000 to BDS$2 million on attractive terms with an interest rate of 5.5%....
FUNDING FOR ENERGY EFFICIENT AND RENEWABLE ENERGY SOLUTIONS The Energy Smart Fund, herein after called The Smart Fund, is a government led initiative, funded by Inter-American Development Bank (IDB) to...
FUNDING FOR THE FARMING AND FISHING COMMUNITIES The Agricultural Development Fund (ADF) provides loan financing to help farming and fishing communities in Barbados become more competitive. The ADF also provides...