Caribbean Business Enterprise Trust Inc.

Partnering with Entrepreneurs and Institutions
from Business Idea to Sustainable Business Success...

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Who We Are

Dr. Basil Springer

Dr. Basil Springer was engaged as a consultant by the CDB during the period 1998 to 2001 with a mandate to propose an initiative to diversify the economies of the Caribbean with a view to contributing to economic growth and poverty reduction.

This consultancy, fuelled by interactive dialogue from local participants in each of 12 Caribbean countries and CDB staff, led to the development of the Caribbean Business Enterprise Initiative (CBEI). The CBEI baton was passed from the CDB to the private sector to facilitate the creation of ‘sunrise’ industries that would replace the fading ‘sunset’ industries in the Caribbean.

CBET was established to implement CBEI and began operation on July 01 2001. CBET is registered as a Charitable Trust in St. Lucia and the Government of St. Lucia has granted Statutory Agency status to the CBET group.

The CBET group consists of the parent company Caribbean BusinessEnterprise Trust, Inc. (CBET) - a Charitable Trust and two subsidiaries:

1. Caribbean Intellectual Property Corporation (CIPC) - a Custodian Corporation, and

2. Caribbean Venture and Integrated Services, Inc. (CVIS) - a Company Limited by Shares.