• About FIDC

    About FIDC

    FIDC acts as the national economic development agency for the Falkland Islands and is tasked to develop the commercial sector of the Falkland Islands by being one of the principal partners delivering the Economic, Rural and Tourism Development Strategies and providing support to the private sector in the form of loans, grants and business advice. Read More
  • SAROS is a free online platform designed to allow for members of the local business community to advertise and view commercial opportunities in the Falkland Islands. Below is a link to sign up to SAROS or login if you already have an account: https://saros.co.fk/ Read More
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 The Falkland Islands Development Corporation (FIDC) was established in 1983, in response to the recommendations made in the Shackleton Report (1982). FIDC acts as the national economic development agency for the Falkland Islands and is tasked to develop the commercial sector of the Falkland Islands by being one of the principal partners delivering the Economic, Rural and Tourism Development Strategies, and the lead for the Innovation Strategy. FIDC is a quasi-autonomous government-funded body, which currently operates with an annual budget of approximately £1m per annum.

 

The FIDC Ordinance was amended in 2013 and implemented on the 1st July 2015. The 2013 Ordinance defines FIDC’s purpose as follows:

1. To advise on and implement the economic strategies of the Falkland Islands Government;

2. To take what further steps are required to ensure the successful development of businesses and a positive business environment in the Falkland Islands.

 

To help drive sustainable economic growth and assist in the creation of new jobs and opportunities, FIDC provides various forms of support and assistance to the Falkland’s business community. In the 2020/2021 financial year FIDC provided over £847k in business loans to 11 entrepreneurs and businesses.

In the same financial year, FIDC provided over £47k in business, development and infrastructure grants to 24 recipients. FIDC will continue to support local businesses at all stages of growth, from start-ups to larger and more-established companies.

 

For any inquiries on the services we provide, please visit the pages below or call us at +500 27211 or email at This email address is being protected from spambots. You need JavaScript enabled to view it..   

Lending

Grants

Business Advice

 

 

FIDC is a member of the Falkland Islands Chamber of Commerce.

 

 

About the FIDC

FIDC acts as the national economic development agency for the Falkland Islands and is tasked to develop the commercial sector of the Falkland Islands by being one of the principal partners delivering the Economic, Rural and Tourism Development Strategies.

To help drive sustainable economic growth and assist in the creation of new jobs and opportunities, FIDC provides various forms of support and assistance to the Falkland’s business community.