The Caribbean Innovation Challenge is officially on!
The Young Americas Business Trust (YABT) is pleased to invite you to participate in the launch of the Second Edition of the Caribbean Innovation Challenge (CIC), an international competition and business start-up accelerator program for young entrepreneurs in the Caribbean.
This event will take place on September 4, 2014, at 10 a.m. in the UN House (Marine Gardens, Hastings, Christ Church) in Bridgetown, Barbados. As it is an event open to the general public, there is no need to RSVP. However, if you need further information about this launching, write us through Akarda Ventour via email firstname.lastname@example.org.
The CIC is organized and developed by the Young Americas Business Trust (YABT) with the support of the United Nations Development Programme (UNDP). This year, the three categories of the CIC –Social, Economic, and Environmental – but with a special focus on the tourism sector. Winners of the CIC will automatically qualify for TIC Americas finals.
YABT acknowledges that unemployment is one of the biggest issues for youths in the Caribbean countries these days. For this reason, YABT seeks actively to support young people in creating their own businesses through the CIC competition and Business Labs workshops, which will enable them to improve their business prototypes.
Dale Trotman, finalist of the CIC and founder of MedRegis, asserted, “I will always be indebted to the YABT and their CIC competition. As a result of this competition, I formulated my business idea called MedRegis. The MedRegis idea has vastly evolved from the last CIC competition and, we are still in the Electronic Health field. I am currently working with an international leader in Electronic Health to bring health related apps to the Caribbean's medical sector and beyond. Thank you YABT and the CIC. ”.
Moreover, YABT believes that this launching represents a unique opportunity to connect national institutions and international organizations as well as youth associations across the Caribbean to actively take part in the CIC as sponsors, partners, promoters, judges or mentors.
The CIC differentiates itself from other existing business model competitions because YABT incorporates “before and after“ stages, focusing on training and mentoring as preparation for the competition, and providing follow-up services that include access to funding, networking activities, internships and further opportunities –which are key support services for young entrepreneurs in these days.