TFEP is working with the Secretariat of The Organisation of Eastern Caribbean States on the development of a specific set of entrepreneurial learning activities that bring together existing Caribbean and European entrepreneurial expertise and good practice proposals from throughout the two regions and develop any necessary/appropriate actions to fill any gaps that have been found.
Micro/Small and medium-sized enterprises (SME) play a crucial role in reaching the objectives of the economic development Strategies of many Caribbean countries. They are considered as crucial engines for growth and job creation. Economies need entrepreneurs as they are the life blood of a business orientated society. Enterprises that are started by entrepreneurs add to the competitive spirit of the economy, as existing enterprises are forced to compete with the ideas and methods of newer firms and come up with more efficient business strategies.
A key competence of ‘entrepreneurship’ is an individual’s ability to turn ideas into action. It includes creativity, innovation and risk-taking, as well as the ability to plan and manage projects in order to achieve objectives. Developing the mindsets, generic attributes and skills that are the foundations of entrepreneurship can be complemented by imparting more specific knowledge about business according to the level and type of education.
The goal of entrepreneurship education is to help people build and acquire the skills, knowledge and attitudes to act in an entrepreneurial way. To achieve this, entrepreneurship education has evolved into a concept for both the content and methods of teaching and learning. Entrepreneurship can be approached not only as a course or subject, but also as a theme and a method that can be embedded in all subjects at every level of education. Entrepreneurship education should not be confused with general studies of economics or business administration, as its goal is to promote creativity, innovation and self-employment, as well as the acquisition of hands-on, operative capabilities.
The CELI will have a strong focus on determining exactly what entrepreneur education currently exists throughout the Caribbean. What is currently available and offered, and on stimulating further developments and progress in broadening the spread and impact of entrepreneurship education across the Caribbean, based on learning from existing best practices in Europe.
An important element of the Initiative is the creation of a network of committed policy makers and experts working together, identifying and disseminating useful examples of policy that could inspire action in different Caribbean countries, proposing effective ways to share information, measure progress and define indicators of impact.
The five (5) elements to the Initiative are:
Caribbean Entrepreneurship Training – Position Statement
The establishment of a Caribbean Entrepreneurial Education Network (CEEN)
The creation of an interactive “Entrepreneur Education Virtual Space” (EEVS)
The development of a “Caribbean Entrepreneur Competences - Self-Assessment Tool” (CEC-SAT)
Teacher Training for Entrepreneurship Programme (T-TEP)
If you are interested in learning more contact Stephanie Sutton