St. Lucian Company among regional businesses embracing digital innovation

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. It is funded by the Caribbean Development Bank (CDB) and implemented by Orbit Innovation. 

Cohort 2 of the programme which ran from September to December 2019 concluded with an award ceremony for winners in the programme’s three categories of businesses.

Those categories are: Ideation Stage – entrepreneurs that have a business idea, but do not have the adequate business acumen and skills to transform the idea into a viable business. Validation Stage includes start-ups that have invested in their business idea to the point that they have a prototype or minimally viable product, a business plan, a team with roles and responsibilities, and possibly some paying customers. The Scale-up
Stage
includes start-ups that are already in business and looking to expand, also have a proven product, a comprehensive business plan with clear organizational structures and well-defined processes, and consistent sales and revenue streams.

Twenty-two out of the 90 start-ups in Cohort 2 were selected to compete in the regional finals. 

First place in theIdeation category: La Quelle’s Agrozee Company Limited out of Trinidad and Tobago. The company has created locally made organic food for babies from four months to two years old.

Second place went to Relaago, a Grenadian company which invented an all-in-one mini massager that comes with a mobile app.  Third place went to Geion Group out of St. Lucia, which developed biodegradable labelling paper and edible food packaging using one of the Caribbean’s nuisances – Sargassum Seaweed.

In the Validation category, the first place winners were the all-female Guyana Animation Network (GAN). Second place went to Alluhwi Comics, a Barbadian company which provides a mobile, subscription-based platform for emerging and existing millennial fans seeking authentic Caribbean comic books and third place validation winners were JMVI Realty out of Antigua and Barbuda – the first tech-based real estate company to use a mobile app to create a real estate marketplace

Scale-up winners were: First place Sandy’s Bath and Organics out of Tobago – produced an organic African black soap that reduces acne and stretch marks;  second place winner was Antiguan company Project Jaguar Inc., which offers online courses helping online teachers keep their students engaged.

Gabatti Investments & Consultancy Limited out of Trinidad and Tobago took third place. This company enables Caribbean people to digitally transact a sou-sou through a mobile app.

Start-ups and small businesses interested in obtaining more information on the Caribbean Tech Entrepreneurship Programme may visit the website http://www.ctep.tech/.