Dominica: A program named Social Enterprise Incubator is launched in the Commonwealth of Dominica by the DYBT – Dominica Youth Business Trust. The program would guide the members in developing and certifying a business plan for the concept of their enterprise.
This program is designed and delivered with the partnership of the Barbados Youth Business Trust in Barbados island, Saint Lucia and Dominica, with the support of the – Impact Collective, which is a German impact accelerator program.
During a virtual presentation, Cardelle Fergusson – the manager of the Barbados Youth Business Trust and Coordinator of the SEI project, on the launch of the program stated that “The program would provide participants with an opportunity to be interactive in a peer-learning environment, business planning tools and resources.”
She further added, “It would also provide workshops and subject matter experts, support with launch planning, one on one coaching, access to small development grants and learning from the experienced social entrepreneurs.”
She further informed that the program is divided into two parts and the first phase would be training, and the second part would provide and launch a startup plan for the entrepreneurs.
Dr Adis King – Minister for Youth Development & Empowerment, asserted that this two-phase program aimed to provide social assistance to the communities of Dominica & this development would also contribute to the sustainable development goals – SDG & plan 2030 of the nation.
He added, “The growing social needs in the nation show a quality of ambition which the ministry is aided to encourage and support. Under these programs, youth social entrepreneurs would have the opportunity to interface with other people in the Caribbean through partnerships with and within Barbados and St Lucia Youth Business Trust.”
The minister also informed that “During this phase of the programme, 6 social enterprises which form part of the first group would be able to take advantage of the resources that are available to them at DYBT.”
He further requested the selected entrepreneurs, to work diligently to guarantee success for themselves, for their communities and to work patiently and meaningfully to achieve social transformation goals.
Ramanjot Kaur is a dedicated journalist with a Master’s in Journalism and Mass Communication, specializing in economic and political news reporting with incisive analysis and integrity.