The National Integrated Business Incubator Programme (IBIS), recently hosted representatives from Accelerate Caribbean who were visiting Trinidad to discuss opportunities to partner with the company. It is hoped that the partnership will strengthen IBIS’ capacity in the area of Business Incubation.
During their 3-day visit, they met with Mr. Julian Henry, CEO ofthe National Entrepreneurship Development Company Limited (NEDCO), Mr. MichaelGordon, Manager, Enterprise Development Division Ministry of Labour and Small andMicro Enterprise Development, Mr. David Roberts, Programme Manager, IBIS, IncubatorManagers Afiya Douglas and Carla Mc Knight. Discussions were also held withother key stakeholders of the IBIS programme, including IBIS clients, mentors andtraining service providers.
Accelerate Caribbean representatives were Dr. Susan Amat and Ms. Sandra Glasgow, two individuals with a wealth of experience and knowledge in Entrepreneurship,Business Incubation and Start-ups.
Dr. Amat is the founder of Venture Hive, an entrepreneurship education company, based in Miami,United States of America, that helps schools, governments and municipalities develop innovation ecosystems and incubator/accelerator programs. A serial entrepreneur, she built businesses in the entertainment industry for over adecade, including the first CD-ROM magazine and a national television show onthe E! Network.
Ms.Sandra Glasgow is the founder and Managing Director of BizTactics Limited, a consulting company dedicated to nurturing growth-aspiring firms and promoting best-in-class corporate governance. BizTactics is a certified WE Connect International Women’s Business Enterprise. She is also the former Chief Executive Officer of The Private Sector Organisation of Jamaica (PSOJ), Co-Chair of the Caribbean-Canada Emerging Leaders’Dialogue, and the Senior Vice President for Corporate Services at the University of Technology, Jamaica, and the Founder of UTech’s Technology Innovation Centre (TIC).
Accelerate Caribbean is a program designed by infoDev as part of its Entrepreneurship Program for Innovation in the Caribbean (EPIC), funded by the Government of Canada. The Entrepreneurship Program for Innovation in the Caribbean (EPIC) is a 7-year, $20M program which seeks to build an enabling ecosystem to foster high-growth and sustainable enterprises throughout the Caribbean. EPIC has three core activity pillars: mobile innovation, climate technology, and women-led entrepreneurship. These pillars are complemented by an access to finance facility for Caribbean entrepreneurs, and a skills upgrading and capacity development program for all ecosystem stakeholders.
Accelerate Caribbean is in the process of piloting an innovative, 12-month Business Incubation Clinic for 10 enablers, competitively selected from across the region. IBIS was one of two local companies selected of the over sixty (60) applicants throughout the Caribbean. The clinic has matched each enabler with an internationally renowned entrepreneurship mentor who will provide bi-weekly, one- on-one coaching and advice. Selected enablers will participate in an overseas study tour to see models of working incubators aboard. Led by the Accelerate Caribbean mentors, the study tour will take participants to one or two locations for an immersive experience in building and scaling a global business and broadening their mentoring and support base.
InfoDev assists governments and technology-focused Small and Medium Sized Enterprises (SMEs) to improve capacity and skills, increase access to finance and markets, ensure the appropriate enabling policy and regulatory environment for business to flourish, and test out innovative solutions in developing country markets. InfoDev does this in partnership with other development programs, with World Bank/IFC colleagues, and with stakeholders from the public, private and civil society sectors in the developing world.