BARBADOS ENTREPRENEURS' VENTURE CAPITAL FUND LAUNCHES
Tomorrow is a big day for us at BBEL; tomorrow we officially launch the Barbados Entrepreneurs’ Venture Capital Fund under the patronage of Prime Minister of Barbados, Hon David Thompson.
We intend to add new flavour to the investment market in Barbados, with our new twist to venture capital financing. Our fund is an essential component of the CBET Shepherding Model™ which was designed by Barbadian businessman and BBEL Project Manager, Dr. Basil Springer.The Model comprises three elements
- An entrepreneur with an idea that has the “DNA of an elephant” i.e. an idea with the potential for global expansion;
- Timely cash advances for business and implementation plan development as well as quick response to investment requests; and
- A shepherd (business mentor), supported by a team of business advisors, to help the entrepreneur nurture the business idea into a successful reality.
Essentially the CBET Shepherding Model™ is designed to mitigate the risk of business failure and launch countries into a new era of economic development, one successful business after another.
The launch will take place at the George Washington House at 7.00 pm and we’ll be showcasing our six pilot projects currently being considered for venture capital funding.
After the launch we’ll have lots of photos and a full-length video available so be sure to look out for the links. It should be a pretty amazing night!
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Congrats on the successful launch of the Venture Capital fund. I wish all entrepreneurs and their shepherds great success in the future.
# Posted By Kathy
| 3/8/10 12:52 PM
Thanks so much Kathy! :-)
# Posted By Marita Greenidge
| 5/26/10 6:27 PM
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