Unlocking Economic Transformation Through Digital Innovation

CDB’s Project Manager, Daniel Best, presents Fanta Pierre-Sandy (centre) and Tiffani Patterson of Sandy’s Bath and Organics with their 1st Prize in the Scale-Up Category. (Photo by C.Pitt via BGIS)
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(Barbados Government Information Service) The Caribbean Tech Entrepreneurship Programme (CTEP) is a virtual hub for Caribbean start-ups and entrepreneurs, helping small businesses to unlock economic transformation through digital innovation platforms.

CTEP’s Manager Troy Weekes explained that its main aim is to stimulate technology entrepreneurship in the Caribbean. It is funded by the Caribbean Development Bank (CDB), and implemented by Orbit Innovation.

This is done through a series of business incubation and acceleration activities, where Caribbean entrepreneurs in CDB’s 19 borrowing member countries connect online with mentors and facilitators, who are experts in their respective fields.

Winners in the CTEP Cohort 2 pose with CDB’s Projects Director, Daniel Best (centre, back row) and CDB staff; CTEP’s Manager Troy Weekes (4th from right); and Permanent Secretary in the Ministry of Small Business, Entrepreneurship and Commerce, Esworth Reid (7th from right). (CTEP) (Photo via BGIS)

Mr. Weekes stated that another aim of CTEP “is to help Caribbean countries address unemployment and underemployment by leveraging opportunities within the virtual economy”.

He added that as technology has made the world smaller, it is a pre-requisite that our regional entrepreneurs possess the required skills to compete on a global scale.

Read more at: Barbados Government Information Service

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