ST AUGUSTINE, Trinidad -- Despite the existence of a highly liquid financial market in the Caribbean, many believe that the ability to capitalize on entrepreneurial opportunities is stymied due to limited access to an appropriate mix of financial capital.
It is against this background, says executive director of the Caribbean Centre for Money and Finance (CCMF) Professor Compton Bourne, that the organization has partnered with the Caribbean Development Bank, the Trinidad and Tobago International Financial Centre and First Citizens Bank, the region’s largest indigenous bank, to host a seminar to explore the theme “Venture Capital: Its Relevance For the Regional Transformation Agenda” on April 4, 2014, in Port of Spain, Trinidad.
The seminar is aimed at professionals in the financial services sector, private equity/venture capital fund managers, institutional and angel investors, policy-makers, entrepreneurial firms, business owners and representatives of development organizations with a focus on enterprise development.
Topics cover venture capital mobilization and allocation, effective fund management strategies, aligning fund raising to investment strategy, sourcing and structuring deals, valuations and exits and the significance of the Caribbean financial market structure and legislation to the venture capital process. Participants will gain practical insights through shared investor/investee Caribbean experiences of the venture capital process from pre-entry to post-exit.
Presenters include minister of finance, Trinidad and Tobago, Senator Larry Howai; director of the International Centre for Entrepreneurship Research at Essex Business School, University of Essex, UK, Professor Jay Mitra; governor of the Central Bank of Trinidad and Tobago Jwala Rambarran; advisor to the prime minister of Belize and former governor of the Central Bank of Belize, Alan Slusher; Jeffery Hall, group managing director, Jamaica Producers Limited.
Coming out of this interactive forum will be a more in-depth understanding of venture capital and its use as an effective complementary financing tool to accelerate entrepreneurial development, necessary for meaningful transformation.