Trinidad & Tobago Entrepreneurs Receive Funding at the DIA Lab TT’s Pitch Tank Competition
Port of Spain, Trinidad and Tobago – November 15, 2023 – In line with this year’s Global Entrepreneurship Week theme “Entrepreneurs Thrive Here,” the Trust for the Americas in partnership with the Caribbean Industrial Research Institute (CARIRI) and with the financial support of the Citi Foundation, hosted a Pitch Tank Competition at the DIA Youth Innovation Lab in Trinidad and Tobago (DIA Lab TT). Following a week-long DIA Bootcamp designed to equip participants with the skills needed to refine their business ideas and pitch them effectively, 26 talented young entrepreneurs had the opportunity to present their innovative business proposals in the creative sector, agro-processing, technology, and entrepreneurship to a panel of esteemed judges. The judges, comprising Mr. Miguel Andrews, Entrepreneur and Owner of Spiritt Woodcraft and facilitator of the New Technologies module for the Lab; Ms. Kemby Ross-Jones, Founder and Owner of Rent My Tutor; and Mr. Siljan Ramphal, Managing Director of South Market 868, meticulously evaluated each business plan and its potential impact, selecting the 15 most promising teams to receive seed funding. The winning projects were: Beyond the valuable seed funding awarded to the winners, the Pitch Tank Competition allowed all participating young entrepreneurs to gain exposure and visibility by presenting their ideas to a potential audience of stakeholders and investors. They also benefited from networking opportunities, insightful feedback and validation from the expert panel of judges, mentorship, and guidance from the DIA Team, and a boost in confidence and motivation as they embarked on their entrepreneurial journeys. Therefore, each Pitch Tank organized by the DIA Program celebrates the youth’s effort and the promise of the remarkable contributions they will make to themselves and their country. The DIA Youth Innovation Lab is firmly committed to fostering and empowering the next generation of leaders through comprehensive business development training, mentorship, and providing access to advanced, state-of-the-art equipment. This unwavering support enables them to create opportunities for themselves and their communities, positively impacting Trinidad and Tobago’s economic progress. *** About The Trust for the Americas: The Trust for the Americas is a non-profit 501(c)(3) organization affiliated with the Organization of American States (OAS). It was established in 1997 to promote public and private sector participation in social and economic development projects in Latin America and the Caribbean. Our initiatives, implemented through local partner organizations, seek to improve access to economic opportunities as well as to foster innovation in vulnerable communities in the hemisphere. To this end, The Trust also promotes social inclusion and good governance. The Trust has offices in Washington, D.C., Colombia, and Canada. More information: www.thetrustfortheamericas.org Facebook: The Trust for the Americas Twitter: @Trust4Americas About Democratizing Innovation in the Americas (DIA): DIA is a regional initiative of The Trust for the Americas that was launched to foster innovation and empower new generations through access to technology training, specialized curricula, collaboration spaces, mentorship, and financial resources for social and economic ventures. Trinidad & Tobago









