KINGSTON, CMC – The USA Division of State says Particular Consultant for World Partnerships Dorothy McAuliffe, US Ambassador to Jamaica Nick Perry, and the Branson Centre of Entrepreneurship, Caribbean on Wednesday signed a memorandum of understanding (MOU) launching a Coalition for Local weather Entrepreneurship (CCE) Hub right here.
The State Division mentioned the hub will present programming, coaching, and mentorship and facilitate entry to capital for greater than 130 local weather entrepreneurs from a minimum of 15 nations all through the Caribbean.
“Co-signatories and companions, Branson Centre of Entrepreneurship, the Division of State’s Workplace of World Partnerships, and US Embassy Kingston will help local weather entrepreneurs by capital, capability constructing, technical help, entry to mentorships, and community constructing in early and progress phases,” the State Division mentioned.
It mentioned the preliminary funding to ascertain CCE Hub Jamaica comes from a US $250,000 Division of State grant from the Coalition for Local weather Entrepreneurship Fund.
Non-public sector companions will match this seed cash, bringing the entire program worth to greater than US $400,000.
The State Division mentioned CCE Hub Jamaica is the ninth such hub worldwide, including that CCE Hubs present “a devoted innovation house for founders and startups engaged on rising sustainable options for clear power, climate-smart agriculture, local weather finance, local weather resilience, adaptation and restoration.”
The primary CCE Hub was established in Accra, Ghana, in 2023 in partnership with Arm and Educational Metropolis College.
The State Division mentioned CCE was launched at COP26 in Glasgow as a public-private partnership between the State Division and personal sector companions to deal with the local weather disaster whereas contributing to the inexperienced progress of growing nations by supporting entrepreneurship round local weather options.
It mentioned CCE Hub Kingston will help the US-Caribbean Partnership to Deal with the Local weather Disaster 2030 (PACC 2030) and can instantly additional its 4 targets of bettering entry to improvement financing, facilitating clear power challenge improvement, enhancing native capability for local weather adaptation, and deepening collaboration with Caribbean companions.
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