World Entrepreneurship Summit 2014: South America and the CaribbeanMercy College, Feb 18th, 2014
By Malko Ebers, Madeline Tanamal
The World Entrepreneurship Summit (WES) 2014 showcased South America and the Caribbean and was attended by entrepreneurs, country representatives and thought leaders. The hostr New York Business Consultants believes that the region offers amazing business opportunities not just in tourism and offshore banking but in sustainable agriculture, infrastructure investments, retirement and energy.. WES 2014 aims to promote entrepreneurship and to bring investors, partners and opportunities together.
The first session of the summit was presented by Mr. Eduardo Urdapilleta, the director of business analytics at Citibank. Mr. Urdapilleta outlined several opportunities and challenges of doing business in Latin America. Latin America is characterized by a growing export economy, growing middle class and stronger participation in the global market. However, to succeed in the Latin American marketplace it is important to understand the specifics of culture, regulation, taxes and consumer preferences. Partnerships are key!
The second session discussed the project development and investment opportunities in Belize, presented by the Assistant Vice President at US Oil Properties, Mr. Lovoy Rubin. Petroleum oil is the major pie of Belize's export, around 29% of it. Other big upcoming projects/ investment opportunities are the areas of agriculture, tourism and eco-tourism.
After the second session, our keynote speaker Ms. Karen Hoyos from Colombia shared her entrepreneurial success story in media, training and coaching. The participants were blown away by her testimony and finding her life's purpose. Karen's seminar quickly lift up everybodys spirit and ended with the final message to believe in yourself to make dreams come true.
Session three looked into the topic of energy and sustainability. Mateo from MADEL International Corporation talked about a green business project that will solve Haiti's trade deficit and that will bring jobs and prosperity to the country through sustainable greenhouse farming. The project will include building a sustainable farming operation, training school and housing - a sustainable community that will be not only to able to support its own food production but also able to export food to the world. The energy discussion continued with a presentation of Prof Peter Fusaro from Columbia University on how to bring renewable energy to the Caribbean, in which biomass and sun energy are seen as the solutions to Caribbean's high electricity price and dependency on oil. As for cleantech opportunities in Brazil and the Americas, Mr. Antonio ValleNetto, US/ Canada manager of Bunge Environmental Market suggested solar and wind energy as the prime energy sources for the Caribbean..
The summit ended with a panel discussion with three Caribbean entrepreneurs, an amazing entrepreneurial couple behind the success story of Kreyol essence, Mr Stephane Jean-Baptiste and Ms. Yve-Car Momperousse. The discussion was modertaed by Bertrand Gervais of Success Mentor Education. Kreyol essence is a all-natural women's beauty products and uses all ingredients from the Caribbean.
Performers for the summit included Argentinian musician Mr. Guillermo Silveira and alive ministry singer Dr. Nyjeri Norman. Art exhibitions by award winning artist Mr. Vicente Gomez and sketches by Ms. Elllen Stedfeld.
The World Entrepreneurship Summit 2014: South America and the Caribbean was sponsored by Mercy College, Colure, Tiffin Wine, Organo Coffee, Karen Hoyos International and Ampleen.
The economy of South America and the Caribbean offer many business opportunities today. Contact us now and let us help you take advantage of these opportunities as well. more information at www.newyorkbusinessconsultants.com
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