Entrepreneurship Program for Innovation in the Caribbean
Promoting High-Growth and Sustainable Enterprises in the Caribbean
The Entrepreneurship Program for Innovation in the Caribbean (EPIC) seeks to build a supportive ecosystem for high-growth and sustainable enterprises throughout the Caribbean. The seven-year $20 million program is funded by the Government of Canada and implemented by infoDev and the World Bank Group.
At the Development Bank of Jamaica's Venture Capital Conference, Nelson Gray discussed the myths and realities of angel investors, necessary tools for pitching, the deal workflow—and a strategy he calls the “Granny test.”
When Yekini Wallen Bryan returned to school for his final semester in January, the energy and electronics student never anticipated he would soon receive the grand prize in a clean-tech innovation competition.
A large crowd of young clean-tech entrepreneurs brought their ideas and enthusiasm to the first Green Tech Startup Bootcamp in the Caribbean, which was co-hosted by the Caribbean Climate Innovation Center on February 26-28, 2016.
Accelerate Caribbean partnered with Marlon Hill, a United States-based lawyer and champion of Caribbean entrepreneurship, to host a webinar on team building, marketing, and brand protection for Caribbean business owners.
New Leaf Power received a grant from the Caribbean Climate Innovation Center to develop a solar-powered lamp and charging device for a remote Jamaican fishing community. One year later, their lamps are lighting the way for disaster relief in Dominica.
The World Bank Group and the Government Canada held a workshop for Caribbean entrepreneurs and regional partners. The workshop was the first joint event of the Caribbean Climate Innovation Center and Caribbean Mobile Innovation Program.
Harlo Mayne and Dr. Kert Edward, two clean technology entrepreneurs in EPIC’s climate innovation program, presented their hydrogen and solar energy prototypes at the First International Conference and Exhibition on Hydrogen held on November 3 to 4 at the University of Technology, Jamaica.
Jamaican tech entrepreneurs Nichole Crawford and Winnie Dzidonu-Genius traveled to Helsinki, Finland, to pitch their businesses at the Slush Global Impact Accelerator, a nine-day bootcamp for social impact entrepreneurs from emerging markets. The first-ever Global Impact Accelerator was a joint program of the World Bank Group, Ministry of Foreign Affairs of Finland, and Slush.
A new peer mentorship-based program will support high-potential women entrepreneurs in the Caribbean. The eight-month intensive Acceleration Program will provide participants with a wide range of support services to innovate their businesses, improve their competitiveness, and boost their growth. The program will include one-on-one coaching, technical workshops, and opportunities to connect with successful women entrepreneurs.
In the last few decades, women in the Caribbean have made impressive strides to break through the glass ceiling and become successful entrepreneurs. The growing network of peers, mentors, and angel investors has provided women across the region with the tools and resources necessary to launch and grow new businesses.
A new report fills the information gap related to growth-oriented women entrepreneurs in the Caribbean by drawing on various data sources to estimate their numbers and sectors. The report also introduces the challenges Caribbean women face when attempting to grow their businesses.
Following a 5-week competition and rigorous selection process, Accelerate Caribbean is excited to announce ten business enablers from 7 islands in the Caribbean that will participate in its Business Incubation Clinic during 2015-2016.
The Caribbean Climate Innovation Center (CCIC)—a project of the World Bank and its global entrepreneurship program infoDev—has announced the 11 winners of its first regional Proof of Concept (PoC) competition. The successful applicants will receive grants of up to $50,000 to develop, test, and commercialize innovative, locally relevant climate technology solutions.
A total of 49 women entrepreneurs took part in the three-day workshops, representing growth-oriented and innovative businesses. They underwent intensive training in grow-your-business methodology aimed at strengthening their skill sets, networking acumen and access to mentoring, markets and finance. So far, 100 innovative growth entrepreneurs have been trained since 2013.
Caribbean students and techies descended on the headquarters of the University of the West Indies at Mona for Digital Jam 3.0 "Get Up, Start Up" on March 1-2. The juried Mobile Apps competition was the culmination of months of preparation by more than 50 teams of young programmers competing for an assortment of prizes, including a top prize of USD10,000.
The Caribbean Climate Innovation Center (CCIC)—a hub designed to help clean technology ventures transform the region to a low-carbon economy and create green jobs—has launched in Freeport, Trinidad & Tobago. The business hub is now accepting applications for grants of up to $50,000.
A new report by infoDev finds that the Caribbean diaspora is a sizeable, well-educated, and affluent demographic whose large majority is interested in investing in its countries of origin. Supported by the right incentives and policies, diaspora members could play an even larger role in contributing to the region’s development.
EPIC serves all CARICOM countries except Haiti. These countries include Antigua and Barbuda, the Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Montserrat, Saint Lucia, Saint Kitts and Nevis, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago.