“Challenge us! We see ourselves as innovators and we are anxious to demonstrate,” was the declaration by Columbus Business Solutions senior executive Jenson Sylvester to the finalists of the Startup Weekend Jamaica competition at a private gathering on November 7, 2013.
Project Agro, Audio Pi and Popup Shop emerged as the winner and runners up respectively from the technology entrepreneurs competition hosted by ConnectiMass and supported by Columbus. As part of Columbus’ on going support for the young entrepreneurs, the information, communication and technology (ICT) service provider offered free business consulting and mentorship.
Indeed, it was easy for Columbus to get involved. Sylvester, who was a judge of the Startup Weekend Jamaica competition when it was held in October, noted that he was impressed with all the presentations. “All the projects,” he noted, “required internet connectivity, hence a natural pairing.” In fact, Columbus offers the fastest available internet in the region with commercial speeds of up to 100 Mpbs.
Third place finishers, Popup Shop relies most heavily on internet. The app provides both consumers and merchants with easy accessibility to goods and services in real time at convenient locations. Runner up Audio Pi is hardware based and seeks to set a new standard for how devices communicate starting with speakers while the winning project, Project Agro leverages RSS and SMS to disburse consolidated orders to small farmers in the field.
As each project outlined their concept, Columbus executives identified services that could boost their productivity, performance and potential profits. The most notable services included cloud hosting, cloud voice, display advertising and teleconferencing. Further, leveraging Columbus’ regional network across eight islands in the Caribbean, Columbus executive John Clear noted that the company could provide the traditional networking support as well.
Clear aptly closed out the meeting held in the state of the art conference room of the Columbus Corporate Headquarters echoing the challenge Sylvester laid out. Clear said, “Put pressure on ICT service providers to be more creative in their service delivery because your growth is our growth.”
Each of the three projects is poised to grow the local tech sector in early 2014.
Showing posts with label mentor. Show all posts
Showing posts with label mentor. Show all posts
Monday, December 9, 2013
Columbus Mentors Tech Entrepreneurs
Friday, December 6, 2013
Top Caribbean Tech Entrepreneurs Globalise Their Pitches
Tech entrepreneurs from Jamaica, Trinidad, Barbados and St. Kitts and Nevis seeking to ‘go global' assembled on the rooftop of the Digicel Headquarters in Kingston for an intense two day workshop in mid-November.
The group were all finalists in the pitchIT Caribbean business pitch competition for web or mobile businesses held earlier in the year. The workshop falls under the World Bank’s Entrepreneurship Programme for Innovation in the Caribbean, EPIC, and its Caribbean Mobile Innovation Programme.
"Every innovation in the world started with an idea,” noted Marie Legault, Councilor and Head of Cooperation for the High Commission of Canada in Jamaica in her presentation to the startups. The Canadian Government provides $20 million to support the regional programme to boost economic growth. She advised the participants to maximize the time they have with the experts making presentations.
Following several hours of immersive training, the entrepreneurs refined the pitches for their business ideas and made presentations to the panel of experts that led the workshop. The pitches were evaluated based on their likelihood to attract three types of investors: venture capitalists, angel and corporate.
VentureOut Challenge Jamaica winner Grik.ly was determined to be the most likely to receive venture capital funding, Trinidad based Interact XL was determined to be most likely to attract an angel investor while compatriots Made In the Caribbean was assessed most likely to benefit from a corporate investor.
Startup Weekend Jamaica winners Project Agro, Barbados developers SimPlify and CariOLA from St. Kitts and Nevis received honorable mentions in each of the three categories respectively.
The group were all finalists in the pitchIT Caribbean business pitch competition for web or mobile businesses held earlier in the year. The workshop falls under the World Bank’s Entrepreneurship Programme for Innovation in the Caribbean, EPIC, and its Caribbean Mobile Innovation Programme.
"Every innovation in the world started with an idea,” noted Marie Legault, Councilor and Head of Cooperation for the High Commission of Canada in Jamaica in her presentation to the startups. The Canadian Government provides $20 million to support the regional programme to boost economic growth. She advised the participants to maximize the time they have with the experts making presentations.
Following several hours of immersive training, the entrepreneurs refined the pitches for their business ideas and made presentations to the panel of experts that led the workshop. The pitches were evaluated based on their likelihood to attract three types of investors: venture capitalists, angel and corporate.
VentureOut Challenge Jamaica winner Grik.ly was determined to be the most likely to receive venture capital funding, Trinidad based Interact XL was determined to be most likely to attract an angel investor while compatriots Made In the Caribbean was assessed most likely to benefit from a corporate investor.
Startup Weekend Jamaica winners Project Agro, Barbados developers SimPlify and CariOLA from St. Kitts and Nevis received honorable mentions in each of the three categories respectively.
Labels:
caribbean,
digicel,
entrepreneurial,
jamaica,
mentor,
region,
tech,
technology,
workshop
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