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ASW announces cancellation of 2021 event

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Event organisers will be joining local government and the international community in working to limit and eradicate the COVID-19 spread by cancelling the 2021 edition of Antigua Sailing Week (ASW), including the Peters & May Round Antigua Race, which were scheduled for later this year – April 24 – 30.

The timing of this decision for the cancellation was taken after in-depth consideration of the obligations participants have to charter companies, hotels and villa companies, shipping companies, and also taking into account international travel restrictions and an inability to organize an impenetrable bubble for the safety of all participants, volunteers and the wider community.

With its position as the anchor event of an already uneventful Caribbean racing season, interest in the event was strong. “With entries still coming in we were grappling with finding the right formula to accommodate those interests, but with the increased restrictions being put in place to manage the further spread of COVID-19, cancellation is the only possible outcome at this time,” stated ASW President and Commercial Director, Alison Sly-Adams.

She went on to say, “For over 50 years we have looked forward to hosting the return of new and old friends to ASW as much as the sailors look forward to the epic racing conditions. This cancellation, while being the right thing to do, hurts our sailing soul. We are truly excited to get back to what we love, the business of yacht racing, next year.”

The cancellation of the 2021 event further compounds the financial blow to the non-profit entity which organizes this internationally respected event, as well as to the greater local community. The staging of the event results in a positive economic impact for the destination to the tune of EC$6 million each year. This is a giant loss to the economy of Antigua and to the yachting sector in particular.

Minister of Tourism and Investment, Charles Fernandez said of the cancellation: “We are disappointed to have to cancel the event for a second year. Not only is it very important to us as an economy, but for many of us, it is our favourite time of year when we come together as a community with our visitors to celebrate the wonderful yachting season. This year, however, as a destination we are prioritizing managing the health care system and the vaccination programme for the good of the community, which in the long term will allow us to welcome back our visitors safely. In fact, we have started planning for 2022 and intend to make it bigger and better than ever.”

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Participants on the 2021 entry list can opt to have entry fees transferred to 2022 which is scheduled for April 30 – May 6. However, they must re-enter via the 2022 entry page.

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One response to “ASW announces cancellation of 2021 event”

  1. What you can expected have it in their board members some nefarious people….crazy by born and idiots for the narcissist behavior…unless their get pressure from some wicked portraits politicians…the perfect storm

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]