Local company among finalists for CIM award

A T&T-based company is among 12 finalists in the 2013 Caribbean Idea Marketplace (CIM). Participating companies vied for US$100,000 award and a chance to participate in the Global Forum on Innovation and Technology in South Africa in May 2013. Finalists were announced at the CIM award ceremony held last week at the Pegasus Hotel, Kingston, Jamaica. The 12 CIM finalists presented their innovative business ideas to an audience of potential partners and investors. 

The T&T-based company’s project dealt with commercial solid waste recycling. According to the CIM website, the company provides recycling services to industrial and commercial businesses using globally accepted standards. Among those in attendance were representatives of the Caribbean Development Bank as well as from the International Diaspora Engagement Alliance Model from the Secretary’s Office of Global Partnerships and the US Department of State.

CIM brings together key experts on diaspora engagement, entrepreneurs, leaders in business and government and other prominent members of the Caribbean’s diverse communities. It is being implemented by Compete Caribbean and the International diaspora Engagement Alliance (IdEA) along with their partners and donors: Digicel, Scotiabank, the Overseas Private Investment Corporation (OPIC), infoDev, the UK’s Department for International Development, the Canadian International Development Agency (CIDA) and the Inter-American Development Bank (IDB).

CIM was officially launched on March 1, 2012 by Jamaican Prime Minister Portia Simpson Miller and former US Secretary of State Hillary Rodham Clinton.