Compete Caribbean Funds Veerhouse Voda, Haiti
Port au Prince, Haiti, W.I., January 27, 2015 – Veerhouse Voda announces a new award from Compete Caribbean’s 2014 Enterprise Innovation Challenge Fund (EICF). This support will create over 83 direct jobs, thousands of indirect jobs, and provide the capacity to build hundreds of homes, schools, and hospitals. Veerhouse Voda was awarded the EICF grant because they are “innovative and could make a significant contribution to the economic development of the Caribbean.”
Veerhouse CEO, Brendon Brewster stated, “We are proud and honored to be a recipient of the Compete Caribbean (EICF) grant. Compete Caribbean (EICF) will allow us to improve infrastructure and provide additional capabilities to make a difference in Haiti and the Caribbean. The impact of the grant will not only be felt in Haiti, but will have an effect on the region.”
Veerhouse Voda is a manufacturer of eco-friendly, disaster-resilient buildings in Haiti. Veerhouse Voda’s affordable building solutions combine lightweight steel frames, expanded polystyrene (EPS) walls, and a patented mortar mix, to create a system able to effectively produce permanent structures like schools, homes, hotels and medical facilities that are highly resistant to earthquakes, hurricanes, fires, and floods. The company has recently received funds for the creation of a local manufacturing plant for materials needed in Haiti for the regional expansion.
Compete Caribbean is a private sector development program that provides technical assistance grants and investment funding to support productive development policies, business climate reforms, clustering initiatives and Small/Medium-size Enterprise (SME) development activities in the Caribbean region. The program is jointly funded by the Inter-American Development Bank (IDB), the United Kingdom Department for International Development (DFID), and the Foreign Affairs Trade and Development of Canada (DFATD). Projects are implemented in partnership with the Caribbean Development Bank.
Parties interested in investment opportunities with Veerhouse Voda may visit www.veerhousevoda.com and request more information.