Launching of Business Labs in Trinidad and Tobago

Washington DC, November 11, 2015 - A Business Lab workshop on IP and Product Branding for Creative Industries takes place in Trinidad & Tobago November 16 - 20, 2015. The workshop focuses on providing participants with hands-on training that will aid in developing and implementing innovative ideas into their current or new business venture and in acquiring the tools needed to help train and bring out the inner entrepreneur from others in their community.

This Business Lab supports and it’s part of the CARIBBEAN REGIONAL ENTREPRENEURIAL ASSET COMMERCIALIZATION HUB (REACH) Project; a regional technical cooperation project of the Inter-American Development Bank aimed at building the commercialization capabilities of competitively selected Caribbean entrepreneurs and firms. The project will provide institutional capacity building,     training and mentorship in three main thematic areas: (i) technology commercialization (ii) creative industries  intellectual asset management and (iii) product branding value capturing.

Regional and National partners that join YABT to make this activity possible include the ISRAEL’S AGENCY FOR INTERNATIONAL DEVELOPMENT COOPERATION MASHAV of the  MINISTRY OF FOREIGN AFFAIRS, JERUSALEM–the Organization of American States, The University of the West Indies, the World Intellectual Property Organization WIPO, Compete Caribbean, CARIRI and the U.S. Chamber of Commerce of Trinidad and Tobago

The team of experts is composed by Mr. Guillermo Levinton& Mr. Mosh Harel from the Golda Meir Mount Carmel International Training Center (MCTC). The five day workshop will cover a number of topics which includes, Business Model Canvas (BMC), Creativity and Innovation Techniques and Simple Methods to Assess Market Opportunities. The participants will carry out a business selling simulation as part of the week's activities. A number of local experts will present on the importance of Intellectual Property principles.

Expected at the opening ceremony will be officials from the International Development Bank, UWI, YABT, OAS Trinidad & Tobago Government Ministers, including  AmbassadorMordehaiAmihai-Bivas - Permanent Mission of Israel to the United Nations and Embassy of Israel to Barbados, Guyana, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname, and Trinidad & Tobago and other local partners.

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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. Join the action:  www.yabt.net .