ENTITY STRUCTURE & GOVERNANCE // ST VINCENT & THE GRENADINES

Two Entities, One Mission—SVG

A brother-sister dual entity model: CaribVista SVG Land Trust (proposed non-profit) reconstructs post-volcanic agricultural land via partnership with NEMO, the Arrowroot Association, and Invest SVG. IAGRO SAT Caribbean SVG Ltd (for-profit) provides satellite land intelligence including volcanic zone monitoring at arm's length pricing. Built on SVG's 95-year cooperative tradition (Arrowroot Association, est. 1930).

BROTHER-SISTER MODELVOLCANIC ZONE MONITORINGARROWROOT HERITAGECDB/IDB BORROWING MEMBER

ENTITY ARCHITECTURE

CaribVista SVG Land Trust

NON-PROFIT // PROPOSED

Post-volcanic agricultural reconstruction

Arrowroot heritage crop preservation

Farmer cooperative formation (6 divisions)

Land lease negotiation (southern expansion + northern reconstruction)

Food distribution and import substitution

Carbon credit registration and revenue

Community resilience (NEMO integration)

Agro-tourism development (volcanic agriculture trails)

IAGRO SAT Caribbean SVG Ltd

FOR-PROFIT // TECHNOLOGY VENDOR

Sentinel-2 NDVI monitoring (vegetation recovery tracking)

SAR soil moisture analysis (volcanic soil hydrology)

Volcanic zone land classification (tephra depth, soil pH)

Eruption damage assessment (rapid post-event mapping)

Hurricane damage + lahar risk monitoring

Carbon sequestration MRV (measurement, reporting, verification)

Arrowroot field boundary mapping (precision agriculture)

Crop health analytics and yield forecasting

ARM'S LENGTH SERVICE CONTRACT

CaribVista SVG Land Trust contracts IAGRO SAT for satellite intelligence services. All pricing at or below market rate. Annual competitive review. Development finance partner right of audit.

SVG-SPECIFIC PRECEDENTS

Real-World Models That Validate This Structure

SVG has a 95-year cooperative agricultural tradition. Post-disaster reconstruction is a proven OECS model. The dual-entity structure has global precedents.

SVG Arrowroot Association (est. 1930)

Cooperative marketing board

SVG Ministry of Agriculture / Arrowroot Association

One of the oldest agricultural cooperatives in the Caribbean. Manages national arrowroot production, operates the Owia processing factory, and handles export marketing. Government-sanctioned monopoly buyer of raw arrowroot rhizomes. Survived through colonial era, independence, banana boom/bust, and volcanic eruption.

Lesson: SVG has a 95-year precedent for cooperative agricultural institutions. The CaribVista Land Trust model builds on this tradition, not against it. Partnership with the Arrowroot Association is essential, not optional.

NEMO SVG Evacuation Success (2021)

Government emergency management

NEMO SVG / CDEMA Situation Reports

NEMO successfully evacuated ~20,000 people (20% of population) in 24 hours before the April 9 explosive eruption. Zero direct fatalities. The Red/Orange/Yellow zone system, community wardens, and pre-positioned shelter network saved lives. This demonstrated institutional capacity for large-scale coordinated action in SVG.

Lesson: SVG government agencies can execute complex logistics at population scale. Agricultural reconstruction requires similar coordination capacity — NEMO's institutional architecture can inform CaribVista's cooperative formation and disaster response planning.

Mozilla Foundation + Corporation

Parent-subsidiary

mozilla.org/foundation/moco/

Non-profit foundation created for-profit Corporation (2005) to handle $500M+ in search revenue. Foundation owns 100% of Corporation. All related-party transactions disclosed in annual Form 990.

Lesson: Non-profit can legitimately contract with or own a for-profit when it serves the mission. Full transparency is the requirement, not prohibition.

Invest SVG — Investment Promotion

Government investment agency

investsvg.com

Invest SVG is the national investment promotion agency. Provides concessions including: duty-free equipment imports, tax holidays (up to 15 years for agriculture), work permit facilitation, and site selection assistance. Agricultural projects receive priority processing.

Lesson: SVG government actively recruits agricultural investment. CaribVista Land Trust qualifies for agricultural concessions under existing Invest SVG frameworks — duty-free equipment, tax holidays, and expedited approvals.

OECS Agricultural Reconstruction (post-Maria 2017)

Multi-donor coordination

OECS Commission / CDB Dominica Recovery Programme

After Hurricane Maria devastated Dominica (2017), OECS coordinated a multi-donor agricultural reconstruction programme: CDB, World Bank, EU, USAID, FAO. Farmer cooperatives formed the implementation unit. Dominica Agriculture Recovery Plan used satellite damage assessment (UNOSAT) and cooperative-based distribution.

Lesson: Post-disaster agricultural reconstruction in OECS small states is a proven model with established donor coordination mechanisms. SVG can replicate Dominica's approach with volcanic-specific modifications.

GOVERNANCE

Board of Directors: 7 Seats

Independent majority. Farmer representation. Arrowroot heritage guardian. Volcanic disaster resilience expertise. No founder veto.

Independent Director #1

INDEPENDENT

Legal/Governance: SVG attorney with non-profit or land law specialisation. Must have NO financial ties to IAGRO SAT Caribbean or the founder.

Independent Director #2

INDEPENDENT

Agricultural sector: SVG Ministry of Agriculture (retired or seconded), CARDI representative, or UWI agricultural faculty with Eastern Caribbean expertise.

Independent Director #3

INDEPENDENT

Financial management: Chartered Accountant with experience in donor-funded programmes, CDB reporting, or OECS institutional finance. Chairs Audit Committee.

Independent Director #4

INDEPENDENT

Disaster resilience: NEMO representative or CDEMA-certified emergency management professional. Ensures volcanic/hurricane preparedness is integrated into all agricultural planning.

Farmer Representative #1 (Mainland)

FARMER REP

Active farmer from St. Patrick, St. George, or St. David (southern/central divisions). Elected by participating farmer cooperative. Ground-truth knowledge of non-volcanic zone agriculture.

Farmer Representative #2 (Northern/Volcanic)

FARMER REP

Active farmer from Charlotte or St. Andrew (volcanic zone). Represents the reconstruction community. Direct experience with eruption impact, displacement, and soil recovery.

Arrowroot Association Representative

HERITAGE GUARDIAN

Nominee of the SVG Arrowroot Association. Guardian of heritage crop interests. Ensures arrowroot reconstruction is prioritised and traditional knowledge is preserved.

MARKET PRICING ANALYSIS

Satellite Service Market Comparables

Vendor	Service	Price	Tier
Farmonaut (India/global)	Satellite crop monitoring SaaS	$8-15/ha/yr	Basic - premium
EOSDA Crop Monitoring	Field-level analytics, weather, scouting	$10-20/ha/yr	Pro tier
Cropin (AgriStack)	AI-driven crop intelligence, yield forecast	$12-25/ha/yr	Enterprise
Planet Labs (PlanetScope)	Daily 3m imagery, field analytics	$15-40/ha/yr	Commercial
aWhere (Climate Corp.)	Agronomic weather + satellite analytics	$10-18/ha/yr	Standard
IAGRO SAT Caribbean (proposed)	Full stack: Sentinel-2 NDVI, SAR moisture, volcanic soil monitoring, eruption zone classification, hurricane damage assessment, carbon MRV	See tiered pricing below	Full volcanic-zone intelligence

SVG volcanic monitoring premium: IAGRO SAT's SVG service includes volcanic zone monitoring capabilities (tephra depth classification, soil pH estimation from spectral analysis, eruption damage rapid assessment, lahar risk mapping during hurricane season) that no commercial competitor offers. This unique capability justifies a modest premium over standard agricultural satellite monitoring pricing, reflected in the volcanic zone add-on in the tiered pricing below.

IAGRO SAT SERVICE PRICING

Tiered Pricing: Scale-Based + Volcanic Add-On

Scale	Base Fee	Per-Ha Rate	Volcanic Zone	Hurricane Module	Total Annual	Effective $/ha
Pilot (500 ha)	$12,000	$40/ha	$4,000	$2,500	$38,500	$77
Medium (2,000 ha)	$12,000	$34/ha	$8,000	$4,000	$92,000	$46
Full (10,455 ha)	$12,000	$28/ha	$15,000	$8,000	$328,540	$31

FINANCIAL TRAJECTORY

10-Year Revenue Projection

Year	Hectares	CV Revenue	CV Net	IAGRO Fee	IAGRO Net
Year 1	250	$0.8M	$0.2M	$22K	$-28K
Year 2	500	$3.2M	$1.4M	$39K	$-12K
Year 3	1,500	$8.5M	$4.3M	$63K	+$15K
Year 5	4,500	$89.0M	$41.0M	$161K	+$68K
Year 10	10,455	$318.2M	$143.2M	$329K	+$148K

Key financial notes: (1) IAGRO SAT is cash-flow negative in Years 1-2 as SVG operations ramp up — funded from other country operations. (2) CaribVista SVG Land Trust achieves positive net revenue by Year 1 due to rapid southern expansion on established grassland. (3) Northern volcanic zone activation (Year 4+) drives the major revenue acceleration. (4) Arrowroot premium pricing is the highest-margin component. (5) All projections include 10% volcanic risk provision and 5% hurricane damage provision.

GOVERNANCE SAFEGUARDS

8 Structural Safeguards

Every safeguard sourced from CDB/IDB requirements, SVG law, or international best practice. Including volcanic risk transparency unique to SVG.

1. Independent Board Majority

CDB Procurement Procedures 2021

At least 5 of 7 board members have NO financial relationship with IAGRO SAT

2. Written Conflict of Interest Policy

SVG Companies Act / Charities best practice

Adopted at incorporation, signed annually by all board members and officers

3. Recusal Protocol

IRS Section 4958 / OECD Transfer Pricing

Founder recuses from ALL votes on own compensation and any IAGRO SAT contract

4. Arm's Length Pricing

OECD Transfer Pricing Guidelines

All services priced at or below market rate, with competitive bids documented annually

5. Annual Independent Audit

SVG Companies Act / CDB requirement

By external firm with no relationship to either entity

6. Volcanic Risk Transparency

NEMO SVG hazard mapping / CDB due diligence

All agricultural investments in Red/Orange zones disclosed with explicit volcanic risk assessment

7. Development Finance Right of Review

Development finance funding agreement

CDB, IDB, or other development finance partners may review and approve service contract terms at any time

8. Separate Bank Accounts

SVG Companies Act Cap. 143

No commingling of funds between entities whatsoever

SVG-SPECIFIC INNOVATION

Volcanic Zone Land Trust Model

SVG requires a unique land trust modification: volcanic zone agricultural leases with eruption contingency clauses, NEMO integration for early warning, and rapid crop-salvage protocols for the Red/Orange zones.

Eruption Contingency Leases

All agricultural leases in Red and Orange zones include eruption contingency clauses: (1) lease payments suspended during eruption + 12-month recovery period; (2) crop loss insurance mandatory; (3) quick-harvest crop preference (sweet potato 90 days vs cocoa 5-7 years). Financial model prices this risk at 10% annual revenue provision.

NEMO Early Warning Integration

CaribVista SVG operations integrate with NEMO's La Soufriere monitoring network. UWI Seismic Research Centre volcanic alert levels trigger pre-defined agricultural response: Yellow Alert = harvest acceleration; Orange Alert = full harvest and equipment evacuation; Red Alert = complete withdrawal from zone.

Rapid Crop Salvage Protocol

Pre-positioned harvesting teams and transport for emergency crop salvage in Orange-to-Red escalation (typically 24-72 hour window). Root crops (dasheen, arrowroot rhizomes) can be emergency-harvested faster than tree crops. Protocol tested during 2021 eruption preparations.

Southern Redundancy Guarantee

At least 60% of total production maintained in Yellow/Green zones (St. Patrick, southern St. George, Grenadines) with zero volcanic risk. Even if Red Zone is completely destroyed, the southern operation sustains food security and export commitments. This is the fundamental risk mitigation.

KEY PARTNERS

SVG Institutional Partners

National Emergency Management Organisation (NEMO)

Volcanic hazard zone management, evacuation coordination, early warning system

SVG Arrowroot Association

Heritage crop preservation, processing factory operation, export marketing, rhizome seedbank

Invest SVG

Investment concessions, duty-free imports, tax holidays, regulatory facilitation

SVG Ministry of Agriculture

Policy alignment, extension services, soil testing, farmer registration

OECS Commission

Regional integration, donor coordination, trade facilitation, disaster reconstruction frameworks

Caribbean Development Bank (CDB)

Primary funder, due diligence oversight, governance review, regional coordination

Executive Brief Agriculture Feasibility Proof Annex

CARIBVISTA | IAGRO SAT CARIBBEAN
ENTITY STRUCTURE // ST VINCENT & THE GRENADINES
VOLCANIC ZONE LAND TRUST MODEL // 8 GOVERNANCE SAFEGUARDS // INVESTMENT GRADE
2026-06-12