Barbadian Entrepreneurs on the rise in both males & females: Presentation of the GEM National Report at CHSB

The Global Entrepreneurship Monitor (GEM) project, which was first introduced in 1999, is an annual assessment of entrepreneurial activity, aspirations and attitudes of individuals across a wide range of countries. The unique quality of GEM stems from its approach to studying the grassroots level of the behaviour of individuals with respect to starting and managing a business, which provides a more detailed picture of entrepreneurial activity than what is found in official national registry data sets.

The program has three main objectives:

• To measure differences in the level of entrepreneurial activity between countries
• To uncover factors leading to appropriate levels of entrepreneurship
• To suggest policies that may enhance the national level of entrepreneurial activity.

The GEM 2012 National Report was launched this morning at The Cave Hill School of Business- UWI (CHSB-UWI). The presentation featured a keynote address from Donville Inniss, Minister of Industry, International Business, Commerce & Small Business Development.

Subsequent to the presentation of the results from Ms. Marjorie Wharton - Director of the Strategic Business Services, CHSB-UWI, there was a panel discussion.

Subsequent to the presentation of the results from Ms. Marjorie Wharton – Director of the Strategic Business Services, CHSB-UWI, there was a panel discussion.

This discussion included Dr. Henderson Carter – Lecturer in History, University of the West Indies, Cave Hill Campus; Ms. Lynette Holder – CEO, Small Business Association; and Dr. Leroy McClean – CEO, Barbados Investment and Development Corporation. There will be a special GEM presentation by Dr. Rodrigo Varela of ICESI University Colombia and and Ms. Celeste Foster – Managing Director of ACR Business Solutions, delivered the closing remarks.

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