Two Business Labs focused on Cultural Enterprises were held in March, in Belize and in Barbados benefiting 63 young entrepreneurs and trainers from organizations that support youth entrepreneurship.
The Business Labs in Belize took place from March 4-8, 2013, in Belize City, at the University of Belize and with the support from the Youth Business Trust Belize (YBTB). In Barbados, the workshop was organized in The Pine, St Michael, at the University of West Indies Open Campus from March 11-15, 2013, jointly sponsored by the Pinelands Creative Workshop. Both events were possible thanks to the Israel Center for International Cooperation (MASHAV), The Golda Meir Mount Carmel International Training Center (MCTC), the Organization of American States (OAS), local partners and others.
These workshops provided trainers and young entrepreneurs with guidance and support to generate viable and creative ideas to assure new businesses in the cultural industry. The Business Labs are designed to stimulate innovation and generate entrepreneurial initiatives that positively affect the society and their communities. The sessions provide hands-on business experience and guidance in business modeling and planning, marketing and branding; and evaluating existing ventures to identify and pursue new opportunities.
The Closing Ceremony of the workshop in Belize was attended by the Ambassador of Israel to Belize, H.E. Shmulik Bass; the President of the University of Belize, Dr. Cary Frazer; the Chairmain of Youth Business Trust Belize, Mr. Shaun Finnetty; and Mrs. Juliet Mallet Phillip representing the OAS.
The Business Labs Closing Ceremony in Barbados was attended by the Ambassador of Israel to Barbados, H.E. Amiram Magid; Honorable Maxine McClean, Minister of Foreign Affairs & Foreign Trade; Honorary Consul General of Israel in Barbados Mr. Benny Gilbert; Dr. Maureen Lucas, Head of Open Campus, Mr. Francis McBarnette, OAS Representative in Barbados; and Akarda Ventour representing the YABT. "This workshop is another link in the ongoing collaborative program between Israel and the YABT, which is now in its 10th year. We are very proud of this and we look forward to many more years of cooperation" – stated H.E. Amiram Magid following the Closing Ceremony.
These Business Labs are directly linked with supporting youth entrepreneurship programs in the Caribbean, including the Caribbean Innovation Challenge (CIC), an international entrepreneur competition and business start-up accelerator for young people in the CARICOM Member states. The CIC is a component of the UNDP Barbados and the OECS Project: "Youth Innovation (Youth-IN): A Caribbean Network for Youth Development"