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ADB Launches “Frontier Seed” to Boost Private Sector Growth and Ocean Impact in the Pacific

ADB Launches “Frontier Seed” to Boost Private Sector Growth and Ocean Impact in the Pacific:

evelopment Bank (ADB) has launched the Frontier Seed (Pacific) program to support local businesses, strengthen capital markets, and promote sustainable economic growth in the Pacific region. The initiative focuses on developing local industries and fostering inclusive and resilient economies. Under this program, ADB has signed $200,000 technical assistance agreements with SeaPAC Pte Ltd, a prawn production company, and Kahuto Pacific, an aerial mapping firm, to help advance their respective industries.