As the primary investment promotion agency in Grenada, we facilitate investment opportunities and provide advice, information, and after-care support to potential and existing local and foreign investors.
Who We Are
The Investment Promotion Agency is your home for investment opportunities, advice, information and support in Grenada.
Our agency is one of three Strategic Business Units (SBU) of the Grenada Investment Development Corporation (GIDC) with the other (2) SBUs, being the Business Development Centre and the Facilities Business Unit. Together we execute programmes that contribute to Grenada’s economic development.
As a key element of our service, we help secure permits, approvals, and incentives, assists domestic and foreign investors with doing business in Grenada, and advocate for the creation and implementation of policy designed to bolster the growth of business and industry in Grenada.
In the last ten years, the Investment Promotion Agency has facilitated more than 200 domestic and foreign investment projects, resulting in the creation of over 3500 jobs, and the injection of over 1.5Bn of foreign capital into Grenada’s economy. The IPA has also been recognized among the Caribbean, African and Pacific investment promotion agencies for its exemplary work in facilitating investments in Grenada.
With a vision to be ranked as the number one Investment Promotion Agency in the world, we strive to offer best-in-class service through all stages of the investment process.
Impact & Achievements
Since its inception in 1985, the Investment Promotion Agency has been facilitating investments and advocating for an enabling environment in which business, trade, and industry can flourish.
Within the last decade, IPA has facilitated the approval and implementation of more than 200 domestic and foreign investments, resulting in the creation of over 3,500 jobs, and the injection of over 1.5Bn of foreign capital into Grenada’s economy.
The IPA was awarded by the Caribbean Association of Investment Promotion Agencies (CAIPA) for excellence in investment promotion and recognized as the top IPA among the zCaribbean, African and Pacific countries for its focus on speed and teamwork. Additionally, Grenada’s Investment Promotion Agency was recognized by UNCTAD as one of the world’s five best-practicing Investment Promotion Agencies for its contribution to facilitating investment for job creation and skills development.