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CICMC Management Consulting Business Symposium

CICMC Management Consulting Business Symposium. Develop and  Implement   a  Strategy  for  the  Sustainability  of  CICMC. Innovative Demand Side Strategies. St. Kitts Marriott Resort 30 June 2010. Basil Springer www.bimventures.com. MANAGEMENT CONSULTING SUPPLY SIDE (Services).

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CICMC Management Consulting Business Symposium

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  1. CICMC Management Consulting Business Symposium Developand  Implement   a  Strategy  for  the  Sustainability  of  CICMC Innovative Demand Side Strategies St. Kitts Marriott Resort 30 June 2010 Basil Springer www.bimventures.com

  2. MANAGEMENT CONSULTING SUPPLY SIDE (Services) IndividualSmall CompanyLarge CompanyLocal ConsortiumLocal / Overseas Consortium

  3. Business Development Needs Demand Side (Target Market) Intra-CaribbeanIndividualsSMEs (Start ups and Emerging Enterprises)Large EnterprisesGovernment MinistriesGovernment Owned CompaniesStatutory CorporationsNGOsAssociationsFunding Agencies

  4. Business Development Needs Demand Side (Target Market) Extra-Caribbean Open Market (Private and Public Sectors) Beneficiary Countries of Caribbean Aid

  5. Innovative Strategies to Enhance the Demand for Management ConsultantsOpportunities  for the  Sustainability  ofCICMC 1 CBET Shepherding Model™2 Reverse Donor Country Model

  6. Developand  Implement  a  Strategy  for  the  Sustainability  of  CICMC 1 CBET Shepherding Model™

  7. Visited Boston 23 years AGO (1986) In Search of Venture Capital KnowledgeLittle Private Sector Interest in Barbados at that time www.bimventures.com

  8. 12 Years After Boston……. Caribbean Development Bank Consultancy (1988 – 2001) Innovative Ways Of Diversifying The Economies In The Caribbean With Focus On Services Exports Services Services Services www.bimventures.com

  9. The reality: Sunset Industries – the decline of sugar cane & bananas Our challenge: Replace with Sunrise Industries. To diversify the economies of the Caribbean, we need one successful business after another, growing & expanding beyond our borders Setting Rising www.bimventures.com

  10. 2001 Caribbean Business Enterprise Initiative (CBEI) emerged with advice from Dr. Grenville Phillips, Corporate & Finance Consultant Caribbean Business Enterprise Trust Inc. (CBET) Legally Domiciled In St. Lucia www.bimventures.com

  11. 2001 Baton Passed from CDB to the Private Sector for Implementation by CBET www:cbetmodel.org www.bimventures.com

  12. 2001 CBET Inc. – Became Operational A Caribbean Catalyst Turning Concepts into Commercial Realities www.bimventures.com

  13. 2001 CBET emerged as a Regional Private Sector Led Trust Supported by 3 Central Banks 5 Commercial Banks St. Lucia Office of Private Sector Relations (OPSR) www.bimventures.com

  14. 2001 -2006Financially Self-sufficientHigh Impact Growth Strategy Workshops toGenerate New Ideas Through Brainstorming (HIGS)Strategic Visioning Retreats(SVR’s)Business Plan Preparation(BPLANS) www.bimventures.com

  15. 2001-2006Business Plans Developed • Over 20 Potentially Viable Global Market Oriented Businesses • Many Sectors • 3 Main Smart Partners www.bimventures.com

  16. www.bimventures.com

  17. www.bimventures.com

  18. uintessential uality uick Queen Elizabeth Hospital www.bimventures.com

  19. Business Plans Developed in Many Sectors 2001-2006 Board Game Renewable Energy Communications Agro-Industry Film Creative Arts Education I T C Consulting Sport Health www.bimventures.com

  20. 2001-2006Business Plans Developedwith assistance of 3 SMART PARTNERS Horticultural Business Solutions Inc. 4P Group Investment & Financial Services Inc. ATLANTA BARBADOS BARBADOS www.bimventures.com

  21. Road Block! Road Block! www.bimventures.com

  22. No Readily available Investment Finance for Start-up Enterprises We do not fund start-ups! www.bimventures.com

  23. The First Disaster........ Frustrated Entrepreneurs www.bimventures.com

  24. Another Disaster........ Potentially good ideas never see the light of day. www.bimventures.com

  25. Another Disaster........ Stymied Economic Growth www.bimventures.com

  26. 2007 Back to the Drawing Board...... Road Block Removal Process www.bimventures.com

  27. 2007 The Solution Advent........ The CBET Shepherding ModelTM www.bimventures.com

  28. Issue : High failure rate of Start-up Enterprises (80-90% in first 2 years) Solution : Shepherding (High success rate – 80%) www.bimventures.com

  29. Issue : Sources of Business Ideas with the DNA of an elephant Solution : Sunrise Industries • Business Development Services • Creative Industries (e.g. Film, Music, Fashion, Art) • Education • ITC • Renewable Energy • Health & Wellness • Construction www.bimventures.com

  30. Issue : Timely access to Appropriate Finance Solution : Seed & Venture Capital Funding www.bimventures.com

  31. 2007 The CBET Shepherding* Model ™ BBEC Partnership Entrepreneur Seed and Venture Capital Funding Business Management Shepherding A Chain is only as strong as its weakest link CBET partners with the Entrepreneur on a Journey From Idea Sustainable Business Success *Mentoring – Counseling – Hand Holding – Facilitation – Coordination – Marketing – Financing – Productivity Enhancement

  32. “Shepherding as Collateral” Shepherding protects against the Risk of Business Failure and hence secures the Seed & Venture Capital Investment www.bimventures.com

  33. 2008 BBEC - A Smart Partnership Barbados Government CBET Inc. Barbados Private Sector Foreign Direct Investment www.bimventures.com

  34. Capitalisation of Seed Capital Revolving and GrowthFund Management BBEC Legal Entity Barbados Seed Capital Fund (Trust) Government Permanent Subscribed Capital • Economic Benefits • Include: • Employment • Forex Earnings/Savings • Energy Security • Food Security Shepherding Services Protection against Risk of Failure

  35. Capitalisation of Venture Capital Fund Management BBEC Barbados Entrepreneurs’ Venture Capital Fund (Limited Partnership) BVECF – General Partner OFFERING MEMORANDUM Investment in Bond Issue backed by a Government Guarantee • Investor Benefits • Government Guarantee • Exit Strategy - ROI • Enterprise Development • Economic Growth Shepherding Services Protection against Risk of Failure

  36. 2008 Barbados Implementation Seed Capital CBET Inc. Barbados Government Seed Capital Partnership Rolled out November 15, 2008 www.bimventures.com

  37. 2008 Barbados Implementation Venture Capital CBET Inc. Barbados Government Private Sector Venture Capital Partnership Rolled out August 2009 (with Government as First Investor) www.bimventures.com

  38. 2010 Pilot Phase Eight Business Enterprises (1) Caribbean Streaming Network Eezee Kricket The Innoventive Group Movementunes.com

  39. 2010 Pilot Phase Six Business Enterprises (2) Went Caribbean Inc. Manipura Inc. Caribbean Tales Worldwide Distribution Inc. studiocaribe.tv

  40. 2010 These first 8 companies are conservatively projected to generate an average revenue BB$1.0 mn per year per business over the first five years www.bimventures.com

  41. 2010 More than 20 Prospective Bimventure Entrepreneurs in the Pipeline www.bimventures.com

  42. Process for Prospective Entrepreneurs Submit EOI Form to Bimventures www.bimventures.com

  43. Process for Prospective Shepherds Submit Résumé Register with Bimventures BBEC www.bimventures.com

  44. Bimventures will soon be inviting Sophisticated Investors(BB$100K – BB$1mn) to Invest in The Barbados Entrepreneurs’ Venture Capital Fund www.bimventures.com

  45. Process for Prospective Investors Request the Venture CapitaI Fund Offering Memorandum www.bimventures.com

  46. Developand  Implement  a  Strategy  for  the  Sustainability  of  CICMC How do we stimulate Economic Growth? One Successful Enterprise after Another Bimventures is a Pilot www.bimventures.com Franchise CBET Shepherding Model™ throughout the World

  47. Developand  Implement  a  Strategy  for  the  Sustainability  of  CICMC Opportunties may abound for Management Consultants as the CBET Shepherding Model™ the Global Market Place

  48. Developand  Implement  a  Strategy  for  the  Sustainability  of  CICMC 2 Reverse Donor Country Model

  49. Barbados as a Donor Country Basil Springer Column 28 August 2007 “An Innovative Opportunity” www.cbetmodel.org (Click on “Weekly Columns”)

  50. CBET Inc. Thanks You

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