Supporting Growth, Innovation, and Resilience Across Grenada’s Coastal Industries
Introduction
Phase One of UBEC Grenada focuses on four priority sectors that are central to sustainable economic growth, coastal community livelihoods, and climate resilience. These sectors represent immediate opportunities for businesses, entrepreneurs, and communities to participate in the Blue Economy.
Through targeted interventions, UBEC provides funding, training, technical support, and infrastructure assistance to strengthen these industries and help them thrive sustainably.
Sector Overview
Tourism
Grenada’s coastal and marine environments are a major driver of tourism. UBEC supports sustainable tourism initiatives that:
--Enhance marine and coastal tourism experiences
--Promote eco-tourism and community-based tourism
--Improve tourism-related infrastructure and services
--Support MSMEs with grants, training, and technical assistance
Agriculture
Agriculture, including marine-adjacent and coastal farming, is vital for food security and community livelihoods. UBEC interventions help:
Strengthen sustainable agricultural practices
Integrate agriculture with fisheries and aquaculture opportunities
Provide technical support and access to finance for agri-businesses
Promote resilience to climate change impacts
Solid Waste Management
Healthy coastal and marine ecosystems require effective waste management. UBEC helps Grenada:
Improve solid waste collection and disposal in coastal areas
Reduce marine pollution through community programs and training
Support innovative waste-to-resource initiatives
Enhance regulatory and institutional capacity for waste management
Fisheries
Fisheries are at the heart of Grenada’s Blue Economy. UBEC strengthens this sector by:
Promoting sustainable fishing practices and aquaculture
Supporting fisheries-based MSMEs with training and grants
Protecting marine resources to ensure long-term food security
Facilitating market access and value-chain improvements