IDB and YABT to Coordinate Efforts on New Platform for Intellectual Property Commercialization in the Caribbean

Jerusalem, Israel, June 1st, 2015 - MASHAV and YABT have a successful ongoing cooperation based on developing joint programs to build entrepreneurial skills among young people, with the aim of combating poverty through entrepreneurship. 

Ambassador Gil Haskel and Roy Thomasson met in Jerusalem (May 27) and discussed the ongoing cooperation between the two organizations, which is carried out by MASHAV’s professional extension the Golda Meir Mount Carmel International training Center (MCTC). 

During his visit, Mr. Thomasson was the keynote speaker at a professional MASHAV-MCTC-YABT seminar held in Haifa, which counted with the participation of professionals involved in the program including the Israeli experts who conduct MCTC-YABT’s programs abroad.

The Young Americas Business Trust (YABT) is a nonprofit organization associated with the General Secretariat of the Organization of American States (OAS). YABT was formed following priorities set by the Presidential Summits of the Americas to strengthen OAS cooperation with the private sector and build entrepreneurial skills among young people, with the aim of combating poverty among young people through entrepreneurship.

At the professional MASHAV-MCTC-YABT seminar in Haifa (from left to right): Ambassador Mattanya Cohen, Director of MASHAV’s Training Division; Mr. Roy Thomasson, Chairman of YABT; Ms. Shula Ferdman, in charge of YABT projects at MCTC 

The MASHAV/MCTC/YABT model is called Business Laboratories: Training of Trainers. The model emphasizes a motivating “learning by doing” methodology combining classroom knowledge with practical skills in microenterprise training for teachers and students, and includes a module of Innovation in Management.

A successful multiplier effect is created by training the trainers first, who then return to their country or community and train others, drawing on the expertise of MASHAV/ MCTC to initiate this process. More than 7,000 participants have received direct training and more than 23,000 people were trained by them in 29 OAS Member States. As a result, thousands of new business and new jobs opportunities were created by young people for young people.

The effectiveness of the “learning by doing” methodology is reflected in the sustainability of the project and the ability of local organizations and YABT’s national chapters to use it as platform to introduce young people to entrepreneurial skills through a hands-on experience. This gives young people a new, active way to learn about entrepreneurship by engaging their interests and energies.


At the same time, in Washington, YABT’s CEO, Luis Viguria met The Israelí Ambassador Mordehai Amihai-Bivas. Mr. Viguria and  Ambassador Amihai-Bivas discussed the importance of connecting YABT’s programs and generate greater impact in the Caribbean region: Barbados, Guyana, Surinam, St. Kitts and Nevis, St.Lucia, St. Vincent and the Grenadines, Trinidad and Tobago and to the regional organizations CARICOM and OECS.


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