Business
JAM | Nov 7, 2022

Jamaican entrepreneurs getting access to Silicon Valley training

/ Our Today

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Applications open technical support and training through Kanoo Innovation Hub

Jamaican entrepreneurs are being afforded the opportunity to receive technical support and Silicon Valley training to develop and grow technology-based businesses.

This will be done through the Bahamas-based, Kanoo Innovation Hub, which is an innovation accelerator designed in conjunction with Draper University, a leading authority on acceleration programmes in Silicon Valley in the United States. Kanoo accelerates start-ups by ensuring participants have tools, techniques, and funding to identify problems and generate innovative solutions.

Interested Jamaican entrepreneurs are being invited to submit applications for consideration. The deadline for submissions is November 15, and applicants using the signup code – ‘Studio 58A’ – will be prioritised during the selection process.

How to apply

Interested persons can visit kanooinnovationhub.com for application requirements. Successful applicants will be trained over several weeks to convert their ideas into minimum viable products (MVPs).

Davinia Bain.

Davinia Bain, co-founder of the hub, says the initiative represents a bridge created straight to Silicon Valley with Draper University to tap into their network of venture capitalists. Continuing, she posits that, “it (hub) is also a way for entrepreneurs across the Caribbean to connect and share ideas in one ecosystem, to ensure businesses can scale within the region before expanding globally”.

She reiterates that the hub is focused on supporting entrepreneurs with innovative ideas who use technology to solve problems or build on solutions that can be applied in the region.

Details of the training opportunity

Explaining the training opportunity on the Jamaica Information Service online discussion programme, Studio 58A recently, Bain stated: “We have three levels in this progressive programming. You have the initial cohort that’s for two weeks. In February, we [will] have level 2, which is a pre-accelerator; that will happen for four weeks.”

The top 30 persons out of the programme will matriculate into that and then the top 10 persons will move on to an immersion programme in Silicon Valley.

Khadija Ghazie, head of partnerships and business development at Draper University.

Khadija Ghazie, head of partnerships and business development at Draper University, explained that the training sessions are conducted by other entrepreneurs who have built businesses in the technology industry.

According to her, “we only bring in entrepreneurs, people who have built, people who have pivoted, people who have failed and people who have raised funding that are delivering the content. We also have discord groups where discussions take place, and you will also be surrounded by other entrepreneurs sharing ideas about what they are working on”.

She added that, once the training is completed, entrepreneurs will also become part of a wider ecosystem to receive mentorship and other forms of support.

In concluding, Ghazi commented: “The thing I appreciate the most [is] it’s not a chop after two weeks. You’ll become a part of the largest entrepreneurial ecosystems in the world. You learn something that you were not able to apply; you come back for advisory, mentorship or funding [support, and] you’ll continue to be part of this ecosystem.” 

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