Digital Software Solutions Company Launches Innovation Accelerator Program and Entrepreneurial Ecosystem in Guyana
News > The Caribbean
By STEM Caribbean | Posted on December 5, 2019
This year Global Entrepreneurship Week was celebrated during the third week of November. Millions of people in over 170 countries participated in events that brought together entrepreneurs. One of those events included the launch of an innovation accelerator program in Guyana called StartupLabGY, which was designed by Trifinity Solutions, a digital software solutions company based in Guyana. Some of the objectives of this initiative were to develop, test, and grow new business ideas through social entrepreneurship and drive innovation and creativity in Guyana’s local industry.
Participants of StartupLabGY were engaged in intensive sessions where they were edified on how to innovate and create sustainable businesses. At the end of the two-day event which was hosted at the Strategic Recruitment Inc. training room, all participants successfully graduated and received three months of mentorship and training worth USD 1000 each, according to Samantha Sheoprashad, co-founder of Trifinity Solutions.
Trifinity Solutions also launched Eco-naire, an entrepreneurial ecosystem which is arguably the first in Guyana and is expected to have an academy, job bank, and a mentorship platform with an Android mobile app that can be found in Google Play Store.
“At Trifinity Solutions, we are empowering entrepreneurs through this ecosystem. To enable this, we believe our investments in education, innovation, and community collaboration with both the public and private sectors will help develop a healthy ecosystem for a sustainable future right here in Guyana. We have a strong belief that StartupLabGY training and education will enable these multifaceted groups of innovators to produce phenomenal outcomes in the years to come,” Samantha Sheoprashad stated.
Three of the participants of StartupLabGY shared their thoughts on the training with us and how it benefited them.
“During the training, I was able to point out some of the mistakes I have made in the past with my business but also realised it is important to always keep moving forward. In addition, I learned the importance of planning ahead and organising my ideas, while taking into consideration the risk factors and barriers,” Christine Constantine expressed.
Another participant, Keiba Murray, founder of Live ProActive is looking forward to gaining more knowledge to grow her business:
“The Business Model Canvas and many other innovative methods were learnt and given to the participants to add value to their start-ups or to assist with scaling up their established businesses. Like the other participants, I eagerly look forward to the remainder of the accelerator programme as I seek to scale up Live ProActive.”
Kester Harvey, founder of Green Solutions, also shared his thoughts on the program:
“I benefitted from very insightful sessions on team canvassing, customer journey mapping, problem sizing, and problem validation. It has positioned my business to take opportunities within my sector. It has empowered me and given me confidence to promote my business either through marketing by social media, or by conventional means and most importantly has validated my ideas to bring it into fruition by creating networking opportunities.”
In a press release, Trifinity Solutions stated that sponsors of this venture included, Global Entrepreneurship Week, GEN Caribbean, Strategic Recruitment Solutions Inc., Queens Young Leaders, Institute of Caribbean Studies, The Food and Agriculture Organization United Nations Guyana (FAO), Social Enterprise and Administration Initiatives (SEA), Caribbean Centre of Excellence for Sustainable Livelihoods (CoESL).