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Economic outlines and opportunities for innovation

Economic activity declined dramatically following the ongoing eruption of Soufriere Hills Volcano, which started in 1995. Currently the activity is dominated by private and government construction and government services. The anticipated resurgence of the tourism industry is yet to take place whilst mining of volcanic material is beginning to make an impact. Key opportunities for innovation Tourism, ICT, Geothermal energy, agro-processing, light manufacturing, exploitation of volcano ashes.

Montserrat’s map

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Montserrat SMALL
16.742498, -62.187366
MontserratMontserrat (Directions)


Member state: United Kingdom
Surface (km2): 102
EEZ (km2): 7 582
Population (2012): 4 936
Capital: Brades
Languages: English
GDP per capita (€ – year): 9 867
Main economic sectors: Government service, Real Estate-renting-Business Activities, Construction
Government website:

Innovation Manager

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  • OCTA Innovation Newsletter #27-2018 – Montserrat Innovation Days

    Montserrat Innovation Days have been very successfully completed from August 16 to August 21. Four days of extensive exchange of information among public and private Montserrat stakeholders, including EU experts in innovation, creativity and economy, tourism agglomerate sector, development of the “visitor economy” and all aspects of economies linked and developed around the sector. These […]    Read More
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  • Big things come in small packages

    by Cherise Aymer, Montserrat Tourism Division. Sometimes big things come in small packages, especially where the volcanic island of Montserrat is concerned. Fondly termed “The Emerald Isle of the Caribbean”, this beautiful gem boasts a number of unique treasures just waiting to be discovered. Read the original article: big things come in small packages    Octa […]    Read More
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  • Port development on Montserrat

    After years of delay, Port Development on Montserrat is moving forward. Montserrat’s new port will be constructed at Little Bay, with funding secured for the project of up to £21 million/EC$88 million. The first phase of development of Port project will include a much needed breakwater, and also a roll on, roll off facility for cargo […]    Read More
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  • Innovation News

  • OCTA Innovation at the OCTs

    Following the OCTA-EU political declaration research, education and innovation are the key in securing sustainable development and prosperity at the OCTs. In my role of the Chairman on Project Steering Committee for OCTA Innovation, I have at the first hand witnessed not only enthusiasm, creativity and innovation initiatives, but also wide-ranging innovation potential of all […]    Read More
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  • Regional Innovation Workshop in Sint Maarten, 5-7 October

    Caribbean regional workshop will take place 5-7 October 2015 at Sint Maarten. The main aim of the activity is to improve OCTs and OCTA’s capacities and ensure better exchange of experience and expertise in Innovation by gathering the IMs and other relevant stakeholders in regional workshops and a project conference, which would contribute to facilitate […]    Read More
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  • Joint Statement By UK Overseas Territories Leaders

    BVI, 27 July 2015 – Hamilton, Bermuda – July 24: We, the elected Leaders and or Representatives of the Overseas Territories, met on 23rd – 24th July 2015, to discuss issues of mutual interest and the forthcoming Joint Ministerial Council Meeting (JMC), with UK Ministers to be held in December 2015 in London. The purpose […]    Read More
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  • Reports

  • Montserrat: Rebirth of an Island

    The volcanic eruption which started in 1995, and which made two thirds of Montserrat uninhabitable changed everything. Foremost with the mass off-island evacuation reducing native island population to fraction of pre-1995 population. It also necessitated commitment and innovation to find new life from those who remained and those returning. The impact of the eruption has […]    Read More
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  • Montserrat National Energy Policy 2016-2030

    The Montserrat National Energy Policy 2016-2030, titled the ‘Power to Change’ which is structured and designed to ensure that by 2030, Montserrat has: “Reliable, low-cost, sustainable provision of energy services matched to the societal and development needs of Montserrat over time, equitably provided to all sectors of the society, and based on robust, diverse energy […]    Read More
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  • Montserrat – Sustainable Development Plan 2008-2020

    The Sustainable Development Plan (SDP) for Montserrat 2008-2020 outlines the vision of the residents of Montserrat, the agreed core values, the development strategies which will be followed in pursuit of the vision, as well as the action plan for the first five years of the long term planning horizon. The clearly defined goals, outcomes, and […]    Read More
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  • Octa Innovation Website