Business Labs Workshop in Jamaica executed by YABT and Mashav

Washington DC, February 16, 2017 - The Inter-American Development Bank (IDB), Young Americas Business Trust (YABT), Organization of American States, MASHAV – Israel's Agency for International Development Cooperation-, Ministry of Foreign Affairs, Jerusalem, Mount Carmel International Training Center (MCTC), and the Jamaica Intellectuals Property Office (JIPO) promotes a Train the trainer workshop. This Business Labs is being held from February 13  to 17, 2017 at the Knutsford Court Hotel Kingston, Jamaica.

This workshop is part of the REACH project executed by the Young Americas Business Trust (YABT), in collaboration with REACH regional and the local partner Jamaica Intellectual Property Office (JIPO). REACH, the Caribbean Regional Entrepreneurial Asset Commercialization Hub, is an IDB funded regional technical cooperation project being executed by the University of the West Indies. REACH is aimed at building the commercialization capabilities of competitively selected Caribbean entrepreneurs and firms.

Sustainable training assistance based on Business Labs methodology is the method used during this week to help prepare potential trainers and staff to facilitate trainings on their own. This model can be adapted to all content areas and requires minimum of five days commitment, facilities and supplies in the form of in-kind contribution from the partnering organization.

From day one, the trainees begin working with experts provided by the Mount Carmel International Training Center to build on their initial project ideas with the objective of presenting a consolidated business model on the last day of the workshop. The goal is to facilitate business development for entrepreneurs. This workshop is organized by YABT with the support of national and international partners, is the first step in the certification process for the participants who meet the requirements as potential trainers.

The officials at the opening ceremony Ms. Lillyclaire Bellamy – Executive Director, JIPO, Mr. Marcus Goffe – Deputy Director/Legal Counsel - JIPO, Director of Entertainment, Policy and Monitoring in the Ministry of Culture, Gender, Entertainment and Sport, Gillian Wilkinson McDaniel representing Hon. Olivia “Babsy” Grange of the Ministry of Culture, Gender, Entertainment & Sports, Ms. Jodian Aris – Planning Institute of Jamaica who presented “Jamaica economics/SME/Youth development, focusing on green/sustainable development potential and strategy. Dr. Georgina Gordon-Strachan – Director Mona Office for Research and Innovation, UWI, Mr. Wayne Beecher – Multilateral Investment Fund Specialist, Inter-American Development Bank, Ms. Akarda Ventour – Program Manager for the Caribbean YABT,

Declaring the Business labs officially opened was Director General in the Ministry of Industry, Commerce, Agriculture and Fisheries, Vivian Brown – representing Hon. Karl Samuda  - MP, Minister, Ministry of Industry, Commerce, Agriculture and Fisheries. Israeli experts Mr. David Slyper – Director, Mentor and Business Entrepreneur. Former Founder and CEO of Business Development Centers (MATI) and Technology Incubators in Israel and Innovator of SME supporting tools in developing economies.

Ms. Sandra Ziv - graduate student Bar Ilan University Program of Science, Technology & Society, researching the History of High Technology in Israel. She has served as a lecturer and team leader in international entrepreneurship workshops at the Technion Institute of Technology and with MASHAV, Mount Carmel Center, in Haifa, Israel. Previously, she served in a range of senior marketing positions in medical device companies, and before that, communication and IT companies.

There are thirty three participants from various sectors in Jamaica. All very enthusiastic about being trained in the new methodology.

In his remarks, Mr. Wayne Beecher told the attendees that “Entrepreneurs are willing to live a few years of their lives like most people won’t; so that they can spend the rest of their lives like most people can’t”. He stated that “part of the strategy for empowerment has to be training and so the IDB is pleased to be part of the opening of the Business labs. The IDB’s vision for the Caribbean is in fact to improve the lives by creating vibrant economies, where people are safe, productive and happy.”

YABT’s approach is to focus on promoting and strengthening youth entrepreneurship, by placing special emphasis on encouraging young people to develop innovative entrepreneurial initiatives through international competition and start-up accelerator programmes. In this regard, YABT will continue to provide the participants with technical support needed for the growth and survival of their efforts.     

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About the Young Americas Business Trust

The Young Americas Business Trust (YABT) is an international non-profit organization, founded in 1999, and works in cooperation with the General Secretariat of the Organization of American States (OAS). YABT supports OAS objectives and mandates of the Summit of the Americas, to develop and implement programs and activities that encourage entrepreneurship and leadership among youth in the countries of the Americas - fighting poverty and creating more opportunities for youth.