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Young Business Leaders Travel to the Netherlands For Providenciales Incubator

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Turks and Caicos, April 19, 2017 – Providenciales – The presidents of the Providenciales Chamber of Commerce and the Young Corporate Alliance, Kyle Smith and Dominique Rolle, travelled to Eindhoven, the Netherlands on April 10th to April 12th, 2017 to partake in an Incubator Exchange Program facilitated by COSME, the European Union programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (SMEs).

A Business Incubator for Providenciales

IMG-20170419-WA0015The Young Corporate Alliance, a not-for-profit support network for local entrepreneurs 18-40 has advocated since its inception in 2015 for a business incubator on the island of Providenciales to provide affordable co-working office and creative innovation space for start-up businesses.  The vision to establish a purpose built facility providing affordable office amenities, business tools and mentorship, financing and angel investment partnerships, networking opportunities and organic cross-industry exchanges was set into motion at Invest Turks and Caicos’Enhancing National Competitiveness Conference on September 1st, 2016.  Whilst addressing the audience of hoteliers, investors, industry leaders, and public servants,YCA team leader Dominique Rolle proposed a public-private partnership to build the incubator in 2017.  The proposal found immediate support from Invest Turks and Caicos, the Centre for Entrepreneurial Development, and private sector partners such as the Digicel Group and Grace Bay Resorts.  A working committee was then formed in late 2016.  That team has to date secured a physical location for the first phase of the incubator and the funds to renovate it.  Having been made aware of this progress, COSME invited the young business leaders to participate in an Incubator Exchange Program in one of the world’s leading capitals for business incubation, technology, and creative start-ups: Eindhoven, the Netherlands.

Incubator Exchange in Eindhoven, the Netherlands

Over the course of three days, Smith and Rolle exchanged incubator business plans, budgets, architectural designs, operational systems, inspirations, and short term and long-term goals with Maarten Hendriks and John Sandiford of the Founded By All Creative Business Hub in Strijp-S, Eindhoven.

Of this exchange, the Chamber of Commerce president Kyle Smith said, “Being guided by the Funded by All team through brainstorming sessions reassured us of our planned approach toward conceptual design of the space and practical operation of the incubator, its phased implementation, and eventual expansion. We intend to develop a state of the art facility equipped with the resources and tools to ensure greater development of local entrepreneurs and their ideas.”

IMG-20170419-WA0017The exchange also provided the Turks and Caicos delegation the opportunity to connect with innovative companies led by young entrepreneurs operating successfully within co-working spaces.  A visit to High Tech Campus Eindhoven, one of the world’s leading locations for high-tech venture development and startup activity paired Smith and Rolle with teams of young designers developing self-driven vehicles, smart underwear, and muscle ultrasound technology.  At Microlab, a co-working building for makers and creators, the TCI team met with its 26-year-old CEO, Luuk Visser who guided a tour of multiple floors of co-working spaces supporting a diverse range of over 100 companies.

Upon returning home to apply the knowledge gained during the exchange, Dominique Rolle said, “It came at the right time. We’re moving strongly through the design phase and from design to construction with a view to complete the first phase of the incubator in 2017.  Our experience in Eindhoven was priceless in its generous provision of information, inspiration, and shared experiences from other young entrepreneurs and incubator founders.  We’re excited to this vision become a reality.”

Press Release: Providenciales Chamber of Commerce
Young Corporate Alliance

 

#youngcorporatealliance

 

Health

Woman dies on Tuesday; 32nd Covid Death for Turks & Caicos

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By Dana Malcolm

Staff Writer

 

#TurksandCaicos, January 20, 2022 – The Turks and Caicos has recorded its 32nd death related to COVID-19.

A Ministry of Health press release informed that the individual who was in quarantine in Grand Turk and requested emergency aid on Tuesday; response came from the public health team in Grand Turk.

The person, who we are told is a special needs young woman – was unvaccinated and had underlying medical conditions.

The death rate in the Turks and Caicos of both vaccinated and unvaccinated persons has climbed alarmingly this year.  In the 21-month period from March 2020 when the country recorded its first case to December 2021, there were 26 deaths recorded in the TCI.

In the 19 days since the start of 2022 that number has increased to 32; which means six deaths already in January.

 

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Bahamas News

Cruising should slow down says PAHO

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By Dana Malcolm

Staff Writer

 

‘Slow down on Cruising’, that’s the word from the Pan American Health Organization, PAHO in their latest recent press conference.

Dr. Ciro Ugarte Director of Health Emergencies at the PAHO was referring to the Bahamas but made sure to note that the advice was highly relevant to many countries in the times of omicron.

“In the context of intense transmission, due to the Omicron variant as we have highlighted several times. It is just logical to suspend or at least limit the cruise ship traffic as an outbreak on board might end up exceedingly high and probably will go beyond the capacity of local health services”

Both the Bahamas and the Turks and Caicos are experiencing a massive uptick in cases and several warnings regarding cruise travel have been issued by the US Centers for Disease Control.

Cruising just resumed for many regional countries this past Summer, Turks and Caicos was among the latest to restart on December 13.

A stop to sailing would be devastating to economies, however, ports of call like Grand Turk which are reeling with rocketing case numbers of COVID are urged to consider the suggestion of slowing down on ships by PAHO.

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Caribbean News

Cayman gets its second ‘Sir’; former Premier Alden McLaughlin knighted on Jan 1

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By Dana Malcolm

Staff Writer

 

#Cayman, January 20, 2022 – Former Premier of Cayman Alden McLaughlin was knighted at the start of 2022; named in the Queen’s New Year Honors List. He is only the second Caymanian to have ever received a knighthood from her Majesty Queen Elizabeth II.

Sir Vassel Johnson, received the honour in 1994; he was Cayman’s first Financial Secretary; he died in November 2008 at the age of 86.

Current Governor, Martyn Roper extended congratulations saying, “This is an outstanding personal achievement for former Premier McLaughlin, one of the most important and impactful political leaders in Cayman over the last 21 years. It is a significant moment for our islands. This historic award is only the second ever Knighthood to a Caymanian since the first in the 1990s. It is a strong signal of the respect in which Cayman is held and a visible demonstration of the progress Cayman has made as a vibrant democracy with strong good governance foundations.”

Sir McLaughlin, who is also now a QC attorney, served two terms as premier and had a career in politics that spanned 21 years. McLaughlin is known for his role in modernizing Cayman’s constitution.

Current premier G. Wayne Panton described the occasion as a unifying moment for the country saying, This is a day of celebration and great pride for all Caymanians as a son of our soil has been bestowed one of the highest honour.  Today marks a new and most unique storyline in the history of the Cayman Islands.  In considering the rarity and magnitude of this occasion, this is certainly a unifying moment for our community.”

Sir Alden McLaughlin, 60, was appointed as a Knight Commander of the Most Distinguished Order of Saint Michael and Saint George on January 1, 2022.

 

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