Office of the Pro Vice-Chancellor and Principal. Thursday, January 20, 2022 — The University of the West Indies (The UWI) Open Campus and Compete Caribbean are collaborating on a Regional Business Plan Competition targeting entrepreneurs who currently operate or wish to operate within the Community-Based Tourism (CBT) industry. Entrepreneurs from Compete Caribbean member countries: Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Trinidad and Tobago, and Suriname are eligible to participate.
The Competition is designed to identify entrepreneurs in the sector, and encourage the development of innovative, community-driven ideas with potential for expansion and increase community-based enterprises.
The competition, which opens on Tuesday, January 25, 2022, and closes on Friday, March 11, 2022, will be executed virtually. Participants will be required to register at https://bit.ly/3KhjuM0, upload their business plan to an online space and deliver a five-minute pitch to a panel of judges.
To support entrepreneurs in entering and preparing for the competition, two webinars will be convened as follows:
- Competition Launch & How to Write a Business Plan for Community Based Tourism - Tuesday, January 25, 2022, 10:00 am AST.
- Business Pitch Workshop - Tuesday, February 8, 2022, 10:00 am AST.
The webinars will also facilitate the sharing of targeted consumer research that will assist entrepreneurs in pricing their goods and services.
Prizes will be awarded to participants, with the first prize of USD$2,500 in technical support. For information on the competition details and how to enter visit https://www.open.uwi.edu/compete-caribbean.
Community Based Tourism (CBT) is a collaborative approach to tourism in which community members exercise control by actively participating in the appraisal, development, management, and/or ownership (whole or in part) of enterprises. The business typically provide net socio-economic benefits to community members, conserve natural and cultural resources, and add value to the experiences of local and international visitors. This includes both community-based tourism activities as well as goods and services provided to the tourism industry by one or more members of the community.
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About Compete Caribbean
The Compete Caribbean Partnership facility (CCPF) is a private sector development programme that delivers innovative and practical solutions that stimulate economic growth, increase productivity and foster innovation and competitiveness. We work in 13 countries across the Caribbean region. CCPF is a partnership between the Inter-American Development Bank (IDB), the United Kingdom's Foreign and Commonwealth Development Office (FCDO), the Caribbean Development Bank (CDB) and the Government of Canada.
About The UWI
The UWI has been and continues to be a pivotal force in every aspect of Caribbean development; residing at the centre of all efforts to improve the well-being of people across the region.
From a university college of London in Jamaica with 33 medical students in 1948, The UWI is today an internationally respected, global university with near 50,000 students and five campuses: Mona in Jamaica, St. Augustine in Trinidad and Tobago, Cave Hill in Barbados, Five Islands in Antigua and Barbuda and its Open Campus, and 10 global centres in partnership with universities in North America, Latin America, Asia, Africa and Europe.
The UWI offers over 800 certificate, diploma, undergraduate and postgraduate degree options in Culture, Creative and Performing Arts, Food and Agriculture, Engineering, Humanities and Education, Law, Medical Sciences, Science and Technology, Social Sciences, and Sport. As the Caribbean’s leading university, it possesses the largest pool of Caribbean intellect and expertise committed to confronting the critical issues of our region and wider world.
Ranked among the top universities in the world, by the most reputable ranking agency, Times Higher Education, The UWI is the only Caribbean-based university to make the prestigious lists. In 2020, it earned ‘Triple 1st’ rankings—topping the Caribbean; and in the top in the tables for Latin America and the Caribbean, and global Golden Age universities (between 50 and 80 years old). The UWI is also featured among the top universities on THE’s Impact Rankings for its response to the world’s biggest concerns, outlined in the 17 United Nations Sustainable Development Goals (SDGs), including Good Health and Wellbeing; Gender Equality and Climate Action.
For more, visit www.uwi.edu.
(Please note that the proper name of the university is The University of the West Indies, inclusive of the “The”, hence The UWI.)
