Connect with us

Bahamas News

Five Bahamian Businesses Receive Funding Through Royal Caribbean International’s Kickstarter Programme

Published

on

#TheBahamas, December 20, 2022 – After eight-weeks of small business training, five innovative and creative entrepreneurs from Royal Caribbean International’s Kickstarter Programme were awarded funding following the first cohort’s final pitch competition.

The first group to go through the program focused on a wide range of tourism-based businesses, several of which are now set to shake up the way things are done within the local industry. From tour companies to rentals for travelers with young children, the ideas of the prize winners considered the many unique facets of Bahamian tourism.

One Big Nut, the startup that took home top prize is bringing fresh perspective to Nassau’s West Bay Street staple — coconut water — and making getting that healthy coconut water fix easier. Whether for sipping on its own or mixing in “gully wash”, fresh coconut water is much-loved, but not always easy to come by and worries about handling can overshadow the longing for a good gulp.

Co-founder Alex Holden said the company is bringing technology and tradition together, using state of the art equipment to hasten the process of extracting coconut water.

“At One Big Nut we are offering more than just coconut water. We are providing a safe, comfortable, and authentic cultural experience,” he said.

“You can sit down and sip while our friendly staff serves you. Our coconuts come pre-chilled, pre-drilled, and ready to drink, making them more refreshing and fun than any coconut water you could buy from the roadside or the food store.”

Crystal Campbell, director of business integration and destination development at Royal Caribbean International, helped judge the pitch competition. She said One Big Nut received the top prize after receiving the top score in all the judging categories, including innovation and impact, viability, sustainability, capacity, and overall presentation and delivery.

“Their concept reinvented the coconut vendor seen across the Bahamas,” said Campbell.

“They not only sought to create sustainable kiosks that are fun and inviting, but also simplify the process for the vendors with advanced equipment.”

Holden said he didn’t expect to win the competition, but noted that the funding will help to buy machinery and build the “giant coconut” they will operate out of. But Holden noted that the program provided more value than just the funding opportunity.

“The one-on-one tutoring was one of the most valuable parts of the program,” he said.

“Also competing against talented Bahamians with great business ideas forces you to sharpen your skills. We would recommend every Bahamian entrepreneur sign up for the program — just bring your most creative idea and don’t be afraid to think outside of the box.”

The Kickstarter Programme, which is a collaborative effort with the Small Business Development Centre (SBDC), provides entrepreneurs with learning and funding opportunities to help start their businesses.

SBDC Executive Director Samantha Rolle thanked Royal Caribbean for its ongoing partnership.

“SBDC’s partnership with Royal Caribbean Group continues to be instrumental in curating entrepreneurial funding and training programs which open doors for a variety of Bahamian businesses in the tourism industry,” she said.

The program begins with an eight-week training boot camp and culminates with a pitch competition where competitors get the opportunity to win up to $15,000 in funding for their ventures.

Baha Moments, a bespoke tour company founded by D’Asante Small, was another one of the top performers in the recent pitch competition, taking the second-place position with a prize of $10,000 in funding.

Small said she developed the idea for her business in 2020.

“In the midst of the pandemic, I developed what I believe will be a catalyst to the transformation of our tourism industry in The Bahamas,” she said.

“I was inspired to reimagine the way Bahamians access the tourism industry and the way our visitors access Bahamian experiences.”

Small said Baha Moments focuses on curating unique experiences in collaboration with vendors to ensure customers enjoy their time while receiving local perspectives and an infusion of Bahamian culture.

She said she decided to participate in the Kickstarter Program to tap into the cruise industry directly to gain insight and industry feedback, given it is a target market for her company.

Small said the program was insightful, noting it helped her finetune elements of her business plan, website and marketing plan.

“The next step for us is our digital launch, which this seed money will assist to engage influencers and launch our digital ads,” she said.

The third-place prize of $7,500 in funding was won by Lignum Vitae, a Grand Bahama-based store specializing in locally produced goods.

Owner Ariel Ferree said the idea for the store was conceived to both highlight Bahamian creators and innovators while providing sustainable shopping solutions.

“We want to make it as easy as possible for people to embrace a more eco-conscious lifestyle without even knowing it, because one of the biggest things that we can do is sourcing as many things locally as we can,” she said.

Ferree said Lignum Vitae will carry products ranging from home decor to jewelry and fashion items to locally pressed oil and more.

“It’s going to be a market and deli so people can try some of the goods as well,” she said.

Ferree said that in addition to the funding opportunity, the Kickstarter program provided her with unique networking and learning opportunities.

“Through the program, I was able to connect with some of the people, from Grand Bahama specifically,” she said.

“…A lot of them are the makers and the growers and some people I’m working with to have some of their products in Lignum Vitae.”

Tishka Moss, the owner of Traveling Tots Rentals, said she also was drawn to the program because of the learning opportunities.

“It was the education aspect that drew me to apply to the boot camp,” she said.

Moss received a $5,000 prize to help fund her business, which was started earlier this year.

Traveling Tots Rentals provides rental cribs, highchairs, strollers, car seats and other equipment needed for traveling with young children.

“It was such a hassle traveling with my young sons, and I thought about all the tourists who come to Nassau with the same issue,” said Moss.

And while she already had a steady stream of rentals before the Kickstarter program, Moss said she plans to use the funds to upgrade her website to provide a more user-friendly experience.

For Misty Johnson, who owns AmaziTours, the $5000 loan prize is a stepping stone toward a big dream.

Johnson, who is based in Freeport, said ultimately, she wants to start an amphibious tour. But she knows getting there will take time and improvising.

“In order for us to get to that, we need to do something else to raise some money,” she said.

“So, we thought of barbecue boats, which is also a unique tour.”

She said the funding will help her begin the barbecue tours, which allow groups to tour the waters of Grand Bahama and wind up on the beach for a barbeque they will always remember on the barbeque boat. “I knew I wouldn’t have been able to secure an amphibious bike with the prize money, but it’s a start for us to get the barbecue boat,” Johnson said.

Johnson thanked Royal Caribbean for the opportunity to participate the program.

“This has provided not only the opportunity to launch AMaziTours, but it has also given me a wealth of knowledge,” she said.

“Without this course, I wouldn’t be able to confidently pursue opportunities afforded to small businesses like AMaziTours.”

 

Photo Caption:  Alex Holden, Theo McClain and Kowaski Lindley, owners of One Big Nut, won $15,000 in funding through the Royal Caribbean Kickstarter Programme.

Continue Reading

Bahamas News

Bahamas economic growth

Published

on

Rashaed Esson

Staff Writer

The Bahamas’ economy is in good standing according to reports from the Bahamas National Statistical Institute which released the Quarterly Gross Domestic Product Series. They indicate that quarterly GDP trends for 2023 saw increases compared to 2022, a sign of recovery from the Covid 19 pandemic.

The most significant increase was 9.9 percent in the first quarter of 2023, and the industries responsible for the growth include Accommodations and food, construction and Arts.

 

Continue Reading

Bahamas News

RBC appoints new Country Manager and Area Vice President for Turks & Caicos 

Published

on

RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

 

 

Continue Reading

Bahamas News

Get your laugh on, March On show coming to Turks and Caicos with box office at IGA Friday and Saturday

Published

on

Dana Malcolm 

Staff Writer 

After resounding success in the Bahamas, hit play ‘March On, The Story of Us’ has been inundated with requests to take their show on the road, and the first location they’ll be hitting is Providenciales Turks and Caicos with tickets on sale this weekend from May 3 to 5.

Magnetic Media spoke to Gea Pierre, playwright, who told us the TCI was a natural first choice for the cast and crew. 

“We started ‘March On’ in November 2023 and it was really an opportunity for us to tell a story, the story of the Bahamas and to encompass the nations that we have an amazing relationship with like the Turks and Caicos,” she continued “We really got a lot of people calling [for the play] from [the TCI], so much so we really had to pay attention.” 

The response to ‘March On’ at home and abroad was overwhelming.

“To say it went well is an understatement, even before we opened we got calls from Canada, from all over the US with people wanting us to come and perform.” 

And take the show on the road they did! Gea and her team have launched “March On: The Tour” and will be in Providenciales to perform on May 10th and 11th. It’s the first of a number of stops which include Nassau and several US locations. 

A ticket booth will be set up from today, Friday May 3 in the foyer of IGA grocery store beginning at 1 p.m. Friday and then again all day on Saturday, allowing residents to purchase with cash. 

Online tickets are available for purchase with credit cards. Then the full team returns on Friday, May 11 for the actual showing at 8 pm and their two showings on Saturday at 4pm and 8 pm. The venue is Brayton Hall, Providenciales under the patronage of Washington Misick, TCI Premier and First Lady Delthia Misick.

Describing the close familial relationships between the TCI and the Bahamas, for many on the crew it will be like coming home Gea told us, for others it will be a treat to visit for the first time, the places that their grandparents described. 

Tickets are only $60 for general seating and $75 for VIP seating. 

Gea maintained that the team wanted to keep the show as accessible to residents as possible.

As for why you should come out and see the play, other than the great price point:

“The way that people have responded to it is non stoplaughter, people have been moved to tears because there’s some emotion. It does not only lend to Bahamians. It’s a family drama, and anyone who’s ever been a part of a family is going to get something out of it, and something moving.”

Continue Reading

FIND US ON FACEBOOK

TRENDING