Business Labs successfully implemented in Suriname and Grenada

St. George, Grenada, November 21, 2014 —The Young Americas Business Trust (YABT) in collaboration with the Israel’s Agency for International Development Cooperation (MASHAV), the Golda Meir Mount Carmel International Training Center (MCTC), and national partners developed Business Labs in Suriname and Grenada in November 17-21 and in November 24-28, respectively.

YABT is pleased to have the support and cooperation of the following partners for the success of these business labs: Organisation of American States (OAS) Grenada, Grenada Tourism Authority, the Ministry of Tourism in Grenada, and the Ministry of Youth, Sports & Religious Affairs in Grenada, the Chamber of Industry and Commerce in Suriname,.

The Business Labs is an integral program that equips youth through a hands-on methodology that teaches them to start their own businesses. The goal is to facilitate business development for local young entrepreneurs. This program has three phases: Assessment, Training and Follow-up and runs in twelve/months cycles. In Suriname a total of 25 people participated, while in Grenada 30 nationals from various sectors, including the tourism sector, took part in the Business Labs.

At the closing ceremony in Suriname on November 21, 2014 Israel Ambassador Amiram Magid gave remarks and presented the participants with certificates of participation.

In Grenada, Israel Ambassador to Grenada Bahij Mansour took part in the opening ceremony. On the second day of the Grenada Business Lab, Ms. Tamara Prosper, winner of both the Eco-Challenge 2014 and CIC 2013, gave her testimonial on YABT´s impact on her business. Moreover, YABT is proud to announce that Mr. Alva Renaud has completed the Certification of after conducting the Training of Trainers process based on the Business Labs Methodology.

In both business labs, trainers supported young entrepreneurs in completing the registration process to to compete in the Caribbean Innovation Challenge (CIC), an international platform and competition that supports and recognizes innovative entrepreneurial ventures organized by YABT.

For more information please contact YABT via Akarda Ventour through email akarda.ventour@yabt.net

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The Young Americas Business Trust (YABT) is a nonprofit organization that works in cooperation with the Organization of American States (OAS) in promoting and implementing programs that encourage entrepreneurship in the Americas to combat poverty and seek better opportunities for youth.

MASHAV – Israel’s Agency for International Development Cooperation - at Israel’s Ministry of Foreign Affairs was founded in late 1957, and is responsible for the design, coordination and implementation of the State of Israel’s development cooperation programs. MASHAV concentrates on human and institutional capacity building by sharing Israel’s own development experience and expertise, imparting know-how and transferring innovative technologies and tested methodologies adaptable to a developing country’s needs.

The Golda Meir Mount Carmel International Training Center (MCTC) was established by MASHAV in 1961 to assist in the training of women engaged in community work in the newly emerging states in Africa and Asia. MCTC enjoys the active cooperation of a number of international organizations, governmental and non-governmental organizations and development authorities.