Sports is business in Jamaica - Caribbean360: "The University of Technology (UTech) and the Inter-American Development Bank (IDB) are combining resources to develop a Sport Entrepreneurship Project that will see a sports business model developed for Jamaica.
The project, ‘Development of Sports Business Value Chains in Jamaica’, commences this month at UTech’s campus in Kingston through funding provided by the IDB.
At the recent signing of the Memorandum of Understanding (MoU) to effect the project, the IDB country representative for Jamaica Ancile Brewster said the bank is happy to support the Jamaican sporting sector as well as "youth who are at risk and of lesser means and also youth with latent sporting talent."
"We're here to sign a technical co-operation for the development of sports business value chains in Jamaica. Through this programme, the bank will leverage approximately US$150,000 in grant resources to the creation of a sustainable sports business model that will address particularly the youth in our inner-city and rural communities in Jamaica,” he said.
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Sunday, September 16, 2012
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