The Commonwealth Investment Network (CIN), launched during the 2024 Commonwealth Heads of Government Meeting, is designed to strengthen collaboration among local, regional and international partners to identify and support investment opportunities in Small Island Developing States (SIDS) in the Commonwealth.
The Cambridge Centre for Alternative Finance (CCAF) was selected by the Commonwealth Secretariat and the UK Government to lead the implementation of this initiative.
Between 2 and 6 February, a team from the CCAF, the Commonwealth Secretariat and the UK Commonwealth Unit visited Grenada to engage with local companies selected for a 3-month accelerator programme. The aim is to support climate-positive projects in Grenada by enhancing their bankability and strengthening the wider investment and commercial ecosystem. Support will be delivered through knowledge exchange, capacity building and targeted technical assistance.
Three Grenadian businesses have been selected through a highly competitive process to be part of the inaugural cohort: Belmont Estate, SarGas, and Green Feeds. Each company is receiving tailored advisory support, growth-oriented mentorship, access to key stakeholders, and opportunities to pitch to potential investors.
In addition to supporting companies and projects, the CIN aims to develop solutions which address key bottlenecks and unlock climate finance at scale. To facilitate this, the visiting delegation engaged with a range of stakeholders across the Grenadian government, agencies, the private sector and the development community, as well as meeting with participating companies.
Resident British Commissioner to Grenada Victor Clark said: “Grenada is not short of innovation. I hope this technical support will help these companies realise their ambitious plans through accelerated investment and growth.”
British High Commission, St George’s
