Growth & Jobs | Technology-savvy entrepreneurs wanted | News

THE BAHAMAS-BASED Kanoo Innovation Hub is looking for local entrepreneurs, who will receive technical support and training to develop and grow technology-based businesses.

The hub is an innovation accelerator designed in collaboration with Draper University, a leading authority on accelerator programs in Silicon Valley, United States of America.

Kanoo accelerates startups by giving participants the tools, techniques and funding to identify problems and generate innovative solutions.

Speaking recently on the Jamaica Information Service (JIS) online discussion programme, ‘Studio 58A’, the co-founder of the hub, Davina Bain, said the successful applicants will be trained over several weeks to convert their ideas into a minimum viable. products’.

The deadline for submissions is 15 November, and priority will be given to applicants using the registration code – ‘Studio 58A’ during the selection process. Interested persons may visit kanooinnovationhub.com for application requirements.

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“We’ve created a bridge directly to Silicon Valley with Draper University to tap into their network of venture capitalists. It is also a way for entrepreneurs across the Caribbean to connect and share ideas in one ecosystem, ensuring that businesses can scale within the region before expanding globally,” said Bain.

She added that the organization is focused on supporting entrepreneurs with innovative ideas that use technology to solve problems or build solutions that can be implemented in the region.

“We have three levels in this progressive programming. You have the initial cohort, that’s for two weeks. In February, we [will] there is level two, which is pre-accelerator; which will take place for four weeks. The top 30 will matriculate to that, and then the top 10 will move on to an immersion program in Silicon Valley,” Bain further explained.

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Head of partnerships and business development at Draper University, Khadija Ghazi, said the training sessions are run by other entrepreneurs who have built businesses in the technology industry.

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

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She added that once the training is complete, entrepreneurs will be part of a wider ecosystem to receive mentoring and other forms of support.

“It’s the thing I respect the most [is], it’s not ‘chop’ after two weeks. You will be part of the largest entrepreneurial ecosystems in the world. You learn something that you could not apply? You come back for advice, mentoring or funding [support, and] you will continue to be part of this ecosystem,” explained Ghazi.

JIS

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