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Mission: To make Barbados the #1 entrepreneurial hub in the world by 2020

Mission: To make Barbados the #1 entrepreneurial hub in the world by 2020. Barbados Entrepreneurship Foundation. What is the Barbados Entrepreneurship Foundation?

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Mission: To make Barbados the #1 entrepreneurial hub in the world by 2020

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  1. Mission: To make Barbados the #1 entrepreneurial hub in the world by 2020

  2. Barbados Entrepreneurship Foundation What is the Barbados Entrepreneurship Foundation? • The BEF was formed in 2010, born from a vision to make Barbados the #1 entrepreneurial hub in the world. The BEF is led by Celeste Foster, CEO, former President of the Barbados Small Business Association and a group of local and international entrepreneurs called the E-Team. • The BEF comprises 5 main pillars: finance, government policy, mentorship, business facilitation, and education & talent. The $20 Challenge is an initiative of the education & talent pillar led by Keith Miller.

  3. BEF $20 Challenge What is the $20 Challenge? • 4th and 5th form students in secondary schools across Barbados are invited to participate. • Each school is assigned 1-2 ambassadors. • Every participating student is loaned $20 to start a business. • Students are taught and mentored throughout the competition period by the ambassadors. • Students share information regarding their efforts. • Winners are chosen!

  4. $20 Challenge Ambassador What is an ambassador? • Ambassadors have been handpicked by the $20 Challenge task force. • They are all entrepreneurs – big and small alike, covering a wide range of business sectors in Barbados. • They are dedicated, innovative and enthusiastic. • YOU!

  5. What is the Ambassador’s role?

  6. What is the Ambassador’s role?

  7. What is the Ambassador’s role?

  8. TIPS! • The school contact is important. The role of the contact is to help collect applications/$20s, gather the participating students before your arrival each week and provide you with the location and equipment necessary to conduct the training. Ensure that this is clear. • The training/mentoring sessions should ideally include only the students participating in the challenge. • These sessions will include a brief presentation, activities and a (fun) assignment. • Application forms, presentations, training material will all be made available to you. • Encourage students to document their experience from the onset of the Challenge.

  9. TIPS! • Make it fun. • Relate to the students – embrace FB. • Encourage creativity and innovation by displaying the same characteristics during your training/mentoring sessions. • Be enthusiastic. • Tap into your networks to support the students’ efforts. • Take pictures (please!) • Share your experiences with the $20 Challenge task force to encourage future improvements to the programme.

  10. Training Manual / Declaration Form

  11. Student Guidelines

  12. Introductory Presentation

  13. Mission: To make Barbados the #1 entrepreneurial hub in the world by 2020

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