The Young Entrepreneurs Association of Jamaica (YEA) has reaffirmed its commitment to collaborative entrepreneurship with the launch of its mentorship programme.

Through the initiative, Jamaican entrepreneurs will be able to connect with local and international mentors who can help them towards holistic growth and business formality.

The programme was officially launched on June 5 at The Jamaica Pegasus hotel under the theme ‘Collaboration- The New Currency’.

YEA President Cordell Williams-Graham said that, through initiatives such as this, the  organisation remains committed to finding new ways to support entrepreneurs.

“Entrepreneurship tends to be a lonely road but we want to change that by providing our members with the community and targeted support they need to grow,” she continued.

“This programme addresses that issue by providing entrepreneurs with the inspiration, information and motivation needed to succeed by giving them access to consistent guidance and ongoing support.”

Williams also noted that it was effortless to get veteran entrepreneurs onboard for the programme.

Mentors for  the initiative include David Mullings, chairman and chief executive officer at Blue Mahoe Capital Partners; Audrey Hinchcliffe, founder and CEO of Manpower and Maintenance Services Limited, and Larren Peart, BlueDot CEO, who headlined the launch.

“It was not difficult at all. The past two years have shown us that our economy will not survive without the productivity and growth of our MSME sector. Entrepreneurs must grow and everyone is committed to making this happen,” she stated.

Hinchcliffe said she was excited to be part of the programme.

“This is such a great initiative and I’m excited to be a part of it. I am looking forward to connecting with like-minded entrepreneurs who are serious about growth and success. There is work to be done so I hope to positively impact their businesses and enrich their lives,” she added.

Mullings shared similar sentiments, noting the value that mentorship offers to young entrepreneurs.

“My journey has been positively impacted by mentors and advisors so I believe that it is important to pay it forward. My aim is to share mistakes and lessons to help others avoid them and provide additional direction for the special decisions that come with being in business,” he said.

In the meantime, Peart, who was guest speaker at the event launch, encouraged entrepreneurs to take advantage of the mentorship programme.

“This is an opportunity of a lifetime so I encourage those who are interested to sign up. The best entrepreneurs take the right risks at the right time – this comes with guidance from people who’ve been there and done that. The harder the problem is to solve, the more we can benefit from getting the input of someone outside of the situation. Even disruptors need a compass to traverse unexpected peaks and valleys,” he shared.

The programme employs a systematic and data driven approach to help entrepreneurs track and measure their achievement of crucial metrics tied to promoting business formality and their readiness for funding and investment. This will also allow YEA an opportunity to monitor and evaluate results from its various growth-enabling initiatives, boosting the organisation’s impact over time.

YEA remains committed to promoting peer-to-peer networking and this initiative is another thrust in the organisation’s efforts to help its members grow personally, professionally and commercially.