Wednesday, October 24, 2007

Young Americas Business Trust

This information will be very useful for young entrepreneurs (under 35): The Young Americas Business Trust (YABT) is a non-profit corporation headquartereded in Washington D.C. working in cooperation with the General Secretariat of the Organization of American States (OAS). YABT "acts as a catalyst to spur the development of young entrepreneurs through business training, partnerships, leadership and technology. "

Recently YABT announced the start of its annual Talent and Innovation Competition. It will be officially launched on November 1, 2007. TIC Americas presents awards as an international business plan competition and accelerator for young entrepreneurs.

Open to young entrepreneurs under 35 years old, from the OAS Member State countries (USA included) in the Americas and the international community, TIC Americas has five priority areas including: environment, agribusiness, trade, tourism and technology. The program goes beyond a simple business plan competition and includes the additional focus on extensive training, mentoring, networking, and a prototype to test market feasibility. TIC Americas winners will also be nominated to participate at the Global TIC Award and Forum.

The competition will be held in two stages starting with an on-line semi-final phase. The finals will be on-site in Colombia in May 29, 2008. The deadline for the registration of the teams is on February 1, 2008.

Seven prizes will be awarded in the following categories: Creative Design, Tradition and Culture, E-business, Spirit of Entrepreneurship, New Markets, Social Entrepreneurship, and International Alliance, which is a prize for teams composed by members of regions outside the Americas. Prizes will include monetary rewards, training and networking opportunities, as well as the nomination to participate in Global TiC Award and Forum.

To learn more about this exciting opportunity and the organization itself, please, visit http://www.myybiz.net/yabt/main/news/tic100407

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