Government Partners With LIME for ‘Start-Up Jamaica’

first_imgGovernment Partners With LIME for ‘Start-Up Jamaica’JIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay Story HighlightsThe Government has partnered with telecommunications company, LIME, to provide Internet connectivity, furniture and equipment for the ‘Start-up Jamaica’ initiative.‘Start-up Jamaica’ is a public/private partnership for economic growth and development.It is expected to be launched later this year and seeks to provide mentorship and other business support for aspiring and new technology entrepreneurs. RelatedGovernment Targeting Renewable Energy Installations in Hotels Photo: JIS PhotographerMinister of State in the Ministry of Science, Technology, Energy and Mining, Hon. Julian Robinson (seated right) and Head, Retail, LIME, Stephen Price (seated left), sign a Memorandum of Understanding (MoU) for the provision of Internet connectivity, furniture and equipment to the ‘Start-up Jamaica’ initiative at the Ministry’s New Kingston offices, today (June 9). Others sharing in the moment (from left) are: Corporate Communications Manager, LIME, Elon Parkinson and Managing Director, Biztactics Limited, Sandra Glasgow. The initiative is expected to be launched later this year and seeks to provide mentorship and other business support for aspiring and new technology entrepreneurs. RelatedGovernment Committed to Renewable Energy Agenda RelatedEWI Officially Notified of Licence Revocation for Energy Projectcenter_img FacebookTwitterWhatsAppEmail Government Partners With LIME for ‘Start-Up Jamaica’ TechnologyJune 9, 2014Written by: Chris Patterson The Government has partnered with telecommunications company, LIME, to provide Internet connectivity, furniture and equipment for the ‘Start-up Jamaica’ initiative.‘Start-up Jamaica’ is a public/private partnership for economic growth and development, which aims to help Jamaica’s innovators and entrepreneurs grow from being an idea to a product, thus increasing employment and access to foreign exchange.It is expected to be launched later this year and seeks to provide mentorship and other business support for aspiring and new technology entrepreneurs.The agreement was formalised through the signing of a Memorandum of Understanding (MoU) between Minister of State in the Ministry of Science, Technology, Energy and Mining, Hon. Julian Robinson and Head, Retail, LIME, Stephen Price during a  ceremony at the Ministry’s New Kingston offices, on June 9.In his address, Mr. Robinson thanked LIME and the other corporate partners who have come on board to support the initiative, which he says augurs well for economic growth and development in Jamaica.“LIME has been extremely supportive from the beginning and we are very happy that we are at the stage where we are formalising the arrangements,” he added.Mr. Robinson said the initiative is intended to bridge the gap for talented Jamaicans who do not have access to funding and the ideal environment to capitalise on “great ideas in technology.”Meanwhile, Mr. Price said his company will, for the first time in Jamaica, introduce an Internet exchange dedicated to the facility.“(This) will make the hosting of content here in Jamaica very easy for them; they don’t have to go and use expensive pipes to go overseas to come back to Jamaica, they will have their own internet exchange,” he said, adding that the initiative will be the catalyst for great things to come.He further noted that the sector is “ripe for real productivity and to bring back foreign exchange into the market.”‘Start-up Jamaica’ also seeks to move Jamaicans from being primarily consumers of technology to becoming producers of technology; and to position the country as a hub for innovation and entrepreneurship with the Caribbean region.Through a partnership with Jamaica National, the facility will be located at Duke Street in Kingston. It is also receiving funding from the Development Bank of Jamaica for the initial stages of establishment.Also, Middle East based accelerator company, Oasis500, will invest in tech entrepreneurs who are interested in going through the required process for selection. Advertisementslast_img

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