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The Caribbean Local weather Innovation Heart (CCIC) has issued its ultimate name for functions for its ScaleItUp Accelerator, an intensive eight-week programme designed to assist Jamaican climate-focused entrepreneurs transfer past the startup section and confidently scale climate-smart companies that gas innovation, job creation, and inexperienced financial progress. Functions shut on June 30, and the programme
formally launches in July.
The ScaleItUp Accelerator is the newest initiative of CCIC, the primary CleanTech incubator in Jamaica and the Caribbean, established in 2014 and serving entrepreneurs throughout 15 Caricom nations. The programme is being spearheaded in partnership with the Scientific Analysis Council (SRC) and supported by key nationwide stakeholders, together with the Improvement Financial institution of Jamaica (DBJ).
Designed for entrepreneurs who’re able to develop, the ScaleItUp Accelerator focuses on offering high-impact founders with hands-on help tailor-made to assist them thrive in Jamaica’s quickly evolving CleanTech area. The initiative will prepare as much as 18 high-potential entrepreneurs, culminating in a Demo Day scheduled for September 19, the place contributors will pitch to traders, together with the chance for one entrepreneur to journey to a European innovation hub to discover world connections.
“On the CCIC, we’re investing in entrepreneurs, and we’re cultivating the long run drivers of
the Jamaican financial system. By way of this accelerator, we’ll empower growth-stage companies
to safe funding, scale sustainably, and create significant jobs throughout industries,” mentioned
Carlinton Burrell, CEO of the CCIC. “That is how we stimulate innovation-led progress. CleanTech is the engine of the brand new financial system.”
He added, “As Jamaica confronts the realities of local weather change, our CleanTech innovators
are constructing corporations that defend our pure sources, scale back emissions, and open new
financial frontiers. Our new Accelerator will immediately amplify these ventures, getting ready them
to entry capital, scale regionally, and create climate-smart jobs.”
Christopher Brown, Programme Supervisor, Boosting Innovation Progress and Entrepreneurship Ecosystems (BIGEE) at DBJ famous that, “By way of BIGEE, the DBJ is dedicated to unlocking the ecosystems that permit entrepreneurs to thrive. This contains, however shouldn’t be restricted to, the incubators and accelerators, the Enterprise Companies Intermediaries, the schools, and importantly, the funders.
Dr Charah Watson, SRC govt director, famous that the SRC is proud to associate with CCIC to ship the ScaleItUp Accelerator.
“That is an initiative that aligns seamlessly with our mandate to drive innovation, commercialisation, and sustainable enterprise. We view this program as a daring step towards strengthening Jamaica’s innovation ecosystem and empowering a brand new era of entrepreneurs to scale transformative, climate-smart options. We encourage founders able to develop to grab this chance.”
The ScaleItUp Accelerator contains six key modules: Speed up Your Enterprise Progress, Traction, Validation and Progress Technique, Fundraising Technique and Deal Structuring, Funding Readiness and Influence Investments, Local weather Innovation Market and Alternative Evaluation, and Crafting the Good Pitch Deck and Storytelling.
Periods will run Tuesdays and Thursdays, 6pm–8pm, and shall be delivered in a hybrid format to accommodate founders throughout the island. Individuals can even profit from 4 devoted mentorship periods, weekly pitch observe, and peer-to-peer help.
The programme is uniquely tailor-made to Jamaican entrepreneurs navigating the complicated shift from startup to scale-up, and responds on to challenges similar to restricted entry to funding, inadequate publicity to local weather innovation methods, and the necessity for extra specialised enterprise growth help.
“We’re encouraging entrepreneurs throughout Jamaica who’re able to scale to use earlier than the June 30 deadline,” Burrell mentioned. “The ScaleItUp Accelerator is customised for you and full of the instruments, mentorship, and investor entry you must develop smarter and go additional. This might be the breakthrough what you are promoting has been ready for.”
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