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Sample Application Form Regular Procedure - Caribbean Export ...

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As a part of the new thrust to expand its markets in the OECS (i.e. St. Lucia, Antigua and Grenada), the<br />

company will be conducting a market research study and marketing promotion activities.<br />

In addition, the company seeks to maximize its revenue potential by the world wide web and will seek to<br />

establish an online retail website. The new outlet will complement and enhance the adjoining business<br />

within Westgate Shopping Centre and provide a food outlet which delivers a range of quality pastry<br />

products at affordable prices.<br />

GRMCL products are positioned at the midpoint of the market in terms of price and at the top in terms<br />

of quality, and have grown to become a household name in soaps and detergents. The company<br />

differentiates itself from its competitors by the uniqueness of its products which are manufactured daily,<br />

using natural ingredients. The company’s commitment to producing quality soaps and detergents<br />

products is supported by our facility being ISO 9000 and ISO14001 certified.<br />

The company’s Managing Director has over 15 years of experience in this sector while working in various<br />

companies in the <strong>Caribbean</strong>. The management of GRMCL in keeping with its business plan seeks to<br />

expand its markets. The company expects to utilize this Direct Assistance Grant Scheme to assist it in<br />

achieving these goals and build on previous business development initiatives.<br />

3 RECENT EXPORT ACTIVITIES‐ Please summarize recent export activities (region and/or international)<br />

GRMCL produces soaps and detergents at affordable prices and the highest quality for the Barbadian<br />

market. The company has traditionally sought to become the leader in the soap sector by strategically<br />

positioning its products between high and low end products. There are a few competitors in our market<br />

segment such as Henkel.<br />

Despite the competition, GRMCL is seeking to expand its market in the OECS (i.e. Antigua, St. Lucia and<br />

Grenada). To assist these efforts a retail website will be established to facilitate online sales.<br />

Currently, the company does not export products to the region or internationally, but foresees that<br />

undertaking a market research study and retail website will provide the means to expand into export<br />

market.<br />

4. Are you part of a group of companies? Yes � No X. If so attach details on the outline of the<br />

partnership. (See Section 2.1.2 of the Guidelines)<br />

No, GRMCL is not a part of a group of companies.<br />

5. Is this your first application for a Direct Assistance Grant at <strong>Caribbean</strong> <strong>Export</strong>? Yes X No �<br />

If No, please mention details including title of project, year and the amount requested.<br />

Yes, this is our first application for a Direct Assistance Grant at the <strong>Caribbean</strong> <strong>Export</strong><br />

Development Agency.<br />

<strong>Regular</strong> <strong>Procedure</strong>s – version February 2010<br />

2

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