Saint Lucia hosts Business Incubation Management Training & Workshop

Saint Lucia hosts Business Incubation Management Training & Workshop

Gros Islet, St. Lucia, Sept. 25, 2015 — Accelerate Caribbean, the new regional entrepreneurship programme of Infodev (The World Bank Group), is teaming with the Barbados Coalition of Service Industries (BSCI) to stage its second Business Incubator Management (BIM) Training in St Lucia beginning Thursday, October 15 through Friday October 16, 2015 from 8:30 AM to 5:00 PMat the Royal By Rex, Gros Islet, Saint Lucia.

The two-day training event forms part of a series of training sessions, designed to build up an integrated ecosystem of support for early-stage entrepreneursin that part of the region.

Activities held on October 15 will witness discussions surrounding business incubation, principles and good practices of business incubation, business incubator models, as well as components of a successful incubator, in addition to other topics. Discussions onOctober 16 will heavily support the information shared on day one, while adding more points of empowerment to business professionals.

Natalia Pipia, Team Leader of Accelerate Caribbean, commenting on the training said “The Caribbean demonstrates a natural inclination towards innovation and entrepreneurship. People here work hard to build products, design new technology and offer services very attractive to even overseas markets, yet so many small businesses do not survive more than a few years. Accelerate Caribbean is offering training in incubation management to qualified professionals and business support companies in St Lucia and the Eastern Caribbean, to mitigate against this low business survival rate, which is critical to job creation and development in the region”

An incubator can help an egg to hatch, or keep a newborn baby alive, likewise they can help hatch new businesses and keep them alive until they are able to survive on their own.

To compliment BIM Training, Accelerate Caribbean will also host an Entrepreneurial EcosystemDevelopment Workshop a day before the BIM Training. This forum will bring together incubator managers, entrepreneurs, academics, government officials, the media, donors and investors to focus on the challenges and opportunities present in St-Lucia and begin discussions on how the country can work collaboratively to bolster the ecosystem.

Persons interested in attending the workshop and/or training may visit to register.

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