25 Entrepreneurs C...

25 Entrepreneurs Chase $75,000 in App Competition

Press Release

      

KINGSTON, Jamaica, May 31, 2017 — $75,000 in cash and prizes will be up for grabs when 25 finalists from around the Caribbean region vie for honours in the PitchIT Caribbean Challenge tech entrepreneur competition, scheduled for June 13-17, 2017 in St. Kitts and Nevis. 

The mobile app start-ups were selected from over 200 entrants from across CARICOM, seeking partnerships, funding and even buyers for their enterprises. All competitors will pitch to a panel of judges and an audience of regional and global investors.

Following the intense one-day pitch competition, five winners will each be awarded a coveted spot in PitchIT Caribbean business accelerators based in Barbados, Dominica, St. Kitts & Nevis, and Trinidad & Tobago. They will also receive $5,000 each in seed funding to help develop their businesses. The acceleration services will include mentoring by business and technology experts, networking opportunities, working space and facilities, expense-paid trips to international conferences and competitions as well as intense product development and investor readiness training. On June 14-16, the 25 finalists will participate in a pitching boot camp that will prepare them for the key competition day of June 17.

Commenting on the process and the selection of finalists, project manager Bianca Welds explained that “tech entrepreneurs, both those in our training programme and the wider CARICOM, responded very well to our invitation to the challenge. The quality of ideas presented made our job of selecting 25 finalists very challenging, but we are excited by the diversity shown and believe that we have a strong set of finalists. The showcase in June is highly anticipated.”

The top 25 Startups PitchIT Caribbean Challenge selected as participants are: St Kitts The LocaL App, Antigua & Barbuda Isle&Dine, Barbados Global Tutoring Hub, Barbados Pocket Shop, Barbados CariFind, Dominica Lynck, Dominica Oruh, Dominica Tect, Dominica SENSI, Grenada Craftsmark, Jamaica Kraasimages, Jamaica Link Your Purpose (LYP), Jamaica My Lending Angel, Jamaica App@round, Jamaica OneShapp, Jamaica ResearchAid+ | PIM Ltd., Jamaica Pazport, St. Lucia MyStudyLibrary, St. Vincent & the Grenadines LoanFren Limited, Trinidad & Tobago GrocerY, Trinidad & Tobago nDuna, Trinidad & Tobago Nestd, Trinidad & Tobago Parlay T&T, Trinidad & Tobago WEV, Trinidad & Tobago Trust PIN, Trinidad & Tobago.

About PitchIT Caribbean

PitchIT Caribbean is a programme aimed at enhancing the mobile app development ecosystem across CARICOM. It is designed to accelerate mobile app entrepreneurs through the start-up life cycle, which runs from ideation to pitch, from pitch to market, and from market to maturity. It currently supports four hubs in Barbados, Dominica, St. Kitts and Nevis, and Trinidad & Tobago. PitchIT Caribbean is the central operation of the Caribbean Mobile Innovation Project, which is part of the Entrepreneurship Programme for Innovation in the Caribbean (EPIC), an initiative funded by the Government of Canada and executed by infoDev/World Bank Group through a three-party Caribbean consortium led by UWI Consulting Inc., working along with Mona School of Business and Managemen, and Mona Business Support Services.  For more information on PitchIT Caribbean Challenge, visit http://www.pitchitcaribbean.com/

 

Media Contacts

Kimone Singh
Tel: +1 (876) 378-3673

 


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