Saturday, May 12, 2012

Good business plan can get local entrepreneurs US$100,000

Good business plan can get local entrepreneurs US$100,000: "Nationals of St. Kitts and Nevis with a good business plan could get US$100,000 assistance from a partnership between the U.S. State Department and Inter-American Development Bank.

The plan, which is also available to other Caribbean countries, is aimed at promoting jobs and economic growth in the region, and forging partnerships between members of the Caribbean diaspora in the United States, Canada and the United Kingdom, and entrepreneurs in the Caribbean.
The Caribbean Idea Marketplace challenge fund will provide a $100,000 grant to each of the ten best business plans focused on business partnerships in the following countries: Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, St. Lucia, St. Vincent and the Grenadines, St. Kitts and Nevis, Suriname and Trinidad and Tobago.
The competition opened in March, and interested entrepreneurs must submit concept ideas by May 30. Organizers will then select the best concepts and invite those entrepreneurs to submit an actual business proposal."

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