BARBADOS INVESTMENT FUND (BIF)

The Barbados Investment Fund (BIF) is a close-ended equity fund established in July 1992 by the Caribbean Financial Services Corporation and the Central Bank of Barbados for the purpose of providing equity financing for small- and medium-sized businesses operating in Barbados. These enterprises should be engaged in manufacturing, agro-industry, tourism and related services, or any other areas of industrial activity which can make a worthwhile contribution to exchange earnings and employment.

Initially, one-sixth (1/6) by the Caribbean Financial Services Corporation (CFSC) and the remaining five-sixths (5/6) of the capital of the fund was contributed by the Central Bank of Barbados. The former is also responsible for the administration of the BIF on a day-to-day basis. All requests for financing through the BIF should be directed to the Caribbean Financial Services Corporation, Radley Court, Collymore Rock, St, Michael, Barbados, West Indies, tel. (246) 431-6400, fax. (246) 426-1869.

The BIF will provide funds for capital cost components, i.e. equipment and real estate, as well as working capital support for investee companies.