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BRIDGETOWN, Barbados, April 21, 2020 (CMC) – The Barbados-based Caribbean Development Bank (CDB) has allocated US$100,000 for Emergency Relief Grants, being offered, through its Cultural and Creative Industries Innovation Fund (CIIF).
According to the Bank, this is being offered, in light of the loss of revenue, by cultural and creative industry (CI) practitioners, due to the effects of COVID-19.
Of the allocated funds, US$50,000 will go towards the music sub-sector, and the remainder to the festivals and carnivals sub-sector.
The CIIF Emergency Relief Grants will range, from USD 2,500 to USD 20,000, each.
The grant is targeted at CI entrepreneurs, who can demonstrate loss of income for music, festival and carnival events that have been cancelled, as a result of COVID-19.
Applications for the grant will close on Wednesday, May 20.
