The Dominica Association of Industry and Commerce (DAIC) recently joined forces with the Office of the Prime Minister; Ministry of Trade, Commerce, Entrepreneurship, Innovation, Business and Export Development; and the Organization of American States (OAS) to hosting the first-ever Dominica Entrepreneurship and Innovation HUB Workshop (EIHUB) for Young Entrepreneurs.
According to DAIC, the aim of the workshop was to “provide Dominican entrepreneurs with the support and knowledge they need to manage profitable and resilient enterprises.
In the first phase of the EIHUB, — which began last Sunday, October 4, and ends today — 33 young business owners would have benefitted from a one-week foundational programme at the Jungle Bay Eco-Resorts in Soufriere that featured presentations and practical sessions from mentors and experts.
Among the areas addressed over the week of activities were the fundamental concepts of business development, innovation, resilience, digital transformation, and technology.
On Monday, during the opening ceremony of the workshop, the young Dominican entrepreneurs heard presentations from the Prime Minister of the Commonwealth of Dominica Dr Roosevelt Skerrit, OAS Executive Secretary for Integral Development Kim Osborne, and President of DAIC Stephen Lander.
“Following the week of activities, participants will continue to receive support and mentorship through targeted sessions with special emphasis on further developing their project concepts and business interests,” the business lobby group revealed.
“The sessions during the workshop will include presentations from the University of California at Riverside (UCR) which provides entrepreneurial education and start-up formation support to help businesses grow,” DAIC added.
EIHUB will also receive support through contributions from all partners in the planning and execution of the workshop.
Over the life of the programme, the partners will seek to capture key benefits for building the capacity of local business to drive economic activity. To this end, they intend to include content and resources that address important components of entrepreneurial education and innovation for business development, and continued growth towards digital transformation and resilience.