Business Matchmaking Trip to the Caribbean
Join businesses throughout the Northeast for a special trade mission to Jamaica and the Dominican Republic!
Event Details
The New Hampshire Office of International Commerce, working with partner states in the Northeast, is pleased to announce a Business Trip to the Caribbean on February 5 - 9, 2024. As part of this trip, you'll be able to identify and meet potential partners in the Dominican Republic and Jamaica with the help of professional consultants that will put together an agenda of meetings customized for your business needs.
Jamaica's strategic location in the heart of the Caribbean makes this nation a favorable export destination for US small businesses. Access to shipping lanes and well-developed transportation infrastructure facilitate the moment of goods throughout the Caribbean. Jamaica and the US have a strong commercial and cultural affinity, according to the ITA. The stable democracy and large English-speaking market reduce barriers for US small businesses to enter and succeed long-term in the Jamaican market. Leading sectors of growth include manufacturing, chemicals, tourism, and agriculture.
The Dominican Republic is the largest market in the Caribbean, with promising market potential for US small businesses looking to expand their customer base.
Tariff advantages provide a favorable business climate for US-based companies. According to the ITA, since 2016 over 97% of the goods entering the country (from CAFTA-DR countries) have entered the DR with no tariff. Growth sectors include Financial Services, ITC, Renewable Energy, and Safety and Security Equipment.
The cost of the trade mission is $6,000, which includes meetings organized on your behalf, ground transportation to business meetings, and an interpreter if needed.
The great news is for New Hampshire small businesses, our STEP grant can reimburse you for these costs (as well as for airfare and hotel, up to the maximum reimbursement of $6,500). Your actual out-of-pocket expense for this opportunity will be minimal!
If you'd like to know more or if you're interested in participating in this mission, contact Alan Dillingham at the NH Office of International Commerce right away!