The United Nations Development Programme (UNDP) Subregional Office for Barbados and the OECS and the Young Americas Business Trust (YABT) conducted in-country consultations in Grenada, Saint Kitts and Nevis, Saint Lucia and Saint Vincent and the Grenadines as part of a mapping exercise that is being developed in CARICOM Member States. The exercise seeks to identify current entrepreneurial programmes available in the Caribbean, recognize potential matches between the needs of young entrepreneurs and help build a comprehensive regional strategy for youth entrepreneurship that will benefit both young people and institutions in the region.
In response to the urgent need to address high levels of youth unemployment within CARICOM Member and Associate States and the need for innovative approaches for labour market diversification, UNDP Barbados and YABT partnered in June 2012, to promote and support an entrepreneurial culture in the region under the Youth Innovation (Youth-IN): A Caribbean Network for Youth Development project. The Entrepreneurial component of Youth-IN promotes innovation, economic and social development among young people in collaboration with global and regional public, private and international alliances and stakeholders. The collaboration developed the 1st edition of the Caribbean Innovation Challenge (CIC), an international an international entrepreneur competition and business start-up accelerator for young people in the CARICOM Member states, that successfully supported and more than 493 youth-led business proposals of economic, social and environmental entrepreneurs. The Finals of the Competition, held in April 2013 in Barbados, awarded six winners while supporting the development of a collaborative network and support system for young entrepreneurs.
National consultations were organized four countries during this pilot stage in collaboration with partners, part of the CIC Support System. The attendees, representing over 65 organizations across the region, expressed their endorsement to the exercise as a key initiative to avoid duplication of efforts in the area of Entrepreneurship and Youth Development. Furthermore, a focus group with young entrepreneurs was conducted in Saint Vincent and the Grenadines to receive their input on the exercise and discuss their expectation from an international support platform for business development such as Youth-IN Entrepreneurship and the Caribbean Innovation Challenge.
The Mapping and Assessment information is being gathered through a blending approach, using both online and onsite surveys. Preliminary results and findings will be presented in a report with access to interactive service tools, and presented to national, regional and international stakeholders and partners.
As this is an ongoing initiative, we invite institutions from the public, private and civil society sectors in the CARICOM Member and Associate States with programmes in youth entrepreneurship, as well as young entrepreneurs to fill out an opinion survey* (Institutional Survey, Entrepreneurs Survey). We thank everyone in advance for their participation in this exciting initiative and we look forward to sharing the results of the exercise. If you wish to consult us regarding further information, please do not hesitate to contact Valerie Lorena at firstname.lastname@example.org or +1 (202) 370-5064.
For institutional survey, please click here.
For entrepreneurs survey, please click here.
Download official cover letter.
Download the survey methodology.
*Please note that survey results are private and confidential. They will only be used for the purpose of the mapping exercise and will not be disclosed or shared with any third party organizations.