Excelsior Community College launches Business Incubator
November 7, 2017 KINGSTON - Excelsior Community College will be making a bold move to support the startup economy by launching its first-ever business incubator, the Excelsior Community College Business Incubator (ECCBI), a hubbub for student entrepreneurs. The ECCBI will provide group support for the successful development of start-up and young growing businesses.
This one-of-a-kind hybrid entity on the day of the launch will feature four student-businesses.
The launch will be held at the main campus, 137 Mountain View Avenue Kingston 3, on Thursday November 16, 2017 from 1 p.m. - 3:00 p.m.
Specially invited guests include the Honorable Karl Samuda, Minister of Industry, Commerce, Agriculture & Fisheries; Mr. P. B. Scott, president of The Private Sector Organisation of Jamaica (PSOJ) and Mr. Dennis Chung, Chief Executive Officer at The PSOJ.
According to Mrs. Gwyneth Jackson, Head of School for the School of Business & Entrepreneurial Studies (SOBES), “In keeping with the College’s Strategic Plan and Vision 2030, ECCBI’s main goal is to produce successful businesses that will leave the incubator financially viable and self supporting.”
She further stated that these incubator business graduates will create jobs, revitalize communities, commercialize new technologies and strengthen local and national economies, helping to make “Jamaica, the place of choice to live, work, raise families and do business”.
The launch will feature these start-up businesses:
1. Yeahjamaica.com (past student-Computer Studies)
2. Nudities – Intimate garments (SOBES current 4th year student)
3. Farmer Chad-Paul
4. A sip of Wine (SOBES current 3rd year student)
Philmore McCarthy, principal of ECC, added that the ECCBI and the four businesses that will be a part of it is how the College strives to empower College students who can drive economic growth. “The Incubator will provide multifaceted entrepreneurial support for students and even staff. It will enrich and nurture entrepreneurs and enable them to manage their affairs,” he continued.
“This is the best economic contribution a tertiary institution can offer a society, wealth creation in the form of small and medium-sized businesses,” he said.