CTEP & Caribbean Climate Innovation Center partnering on program that is focused on Tech Start-ups
The Caribbean Tech Entrepreneurship Program (CTEP) has partnered with the Caribbean Climate Innovation Center (CCIC) to be a part of its Entrepreneurship program which focuses on Tech Start-ups. CTEP caters to tech entrepreneurs from the Member States of the OECS, Barbados and Haiti at three critical stages of their business cycle, that is, the Idea, Validation, and Revenue stages.
According to a release, Teams selected to be a part of this program will participate in a three-month incubation programme, including capacity building workshops and mentorship support, to prepare them for a Regional Competition, where a panel of regional and international judges will choose the best Caribbean Start-ups. Winners of their respective categories (Idea, Validation and Revenue Stage) will be provided further support, including an invitation to attend Digital Jam 4.0 in Jamaica, funding, and access to regional and international acceleration programmes, such as CCIC Acceleration Programme for clean tech solutions.
CTEP is a follow-on initiative of the World Bank Group, with the support of the Caribbean Development Bank (CDB), to the successful Youth Employment in Digital and Animation Industries (YEDAI) Project in Jamaica, which has proven to stimulate jobs and foreign exchange creation. The World Bank Group and the CDB are now willing to replicate those efforts in the Member States of the OECS, Barbados and Haiti. Given high levels of unemployment and underemployment by youth in these markets, CTEP will place particular emphasis on targeting young people in this programme.
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