Impact Bridges Group (IBG) was contracted to conduct a pre-feasibility study for the Ortinola Estate as part of a larger cocoa project in Trinidad and Tobago, financed by the Inter-American Development Bank. This initiative aims to revitalize the cocoa industry in the region, focusing on sustainable practices and producing high-quality cocoa. The pre-feasibility study conducted by IBG laid the groundwork for understanding the potential of the Ortinola Estate in contributing to this ambitious project.
The next crucial phase of the project involves bringing investors on board and completing a comprehensive feasibility study. IBG will tailor the study to address the specific needs and circumstances of the Ortinola Estate while aligning with investor requirements and expectations. By fine-tuning the feasibility study to reflect the estate's potential and investor interests, IBG aims to create a robust foundation for the project's success and attract the necessary capital to move forward.
IBG has collaborated closely with prestigious academic institutions throughout this process to ensure the project is grounded in cutting-edge research and best practices. The partnership with The George Washington University Business School has provided valuable insights into business strategy and market analysis. At the same time, the collaboration with the Cocoa Research Centre at the University of the West Indies has offered crucial expertise in cocoa cultivation, processing, and quality improvement specific to the Caribbean region.
These collaborations have enriched the project with academic rigour and practical industry knowledge. By leveraging the expertise of these institutions, IBG is working to develop a model for sustainable cocoa production that benefits the Ortinola Estate and has the potential to transform the cocoa industry in Trinidad and Tobago. The project is a testament to the power of combining international development funding, local agricultural expertise, academic research, and impact-focused investment to drive sustainable economic growth and environmental stewardship in the region.