00:00Standing in place of her worship, Mayor Akila Glasgow-Warner,
00:04Deputy Mayor of Daigle-Martin, Valicia Sukdar,
00:07gave an insight into what a business incubator program is and its aim.
00:12A business incubator program gives very early stage companies access to education,
00:19training, mentorship, investors and other supports to help them get established.
00:26By working with these early stage businesses,
00:29these incubators help entrepreneurs move beyond their ideation stage
00:33into stable and sustainable business models.
00:37She also made mention of the promising numbers achieved in the program thus far.
00:42Reflecting on our incubator programs at Bagatelle, Daigle-Martin, South and Karanaj,
00:48we are encouraged as we have achieved a 70% completion rate.
00:53And today, with the addition of 21 new participants in Maraval,
00:58we will have had a total of 187 participants in this program to date.
01:04Business Development Manager at YTEP, Darren Winchester,
01:08told those present about YTEP's interest in the program.
01:11We are all about business and business development.
01:15We are all about ensuring that whatever idea you have as a seed
01:23emerges into the business that you have visualized it to be.
01:31We are interested as a company in seeing your business grow.
01:34We are interested as a company in seeing your business develop.
01:37And we are interested as a company in our relationship with you
01:40that sees the business find itself in different forms.
01:44That ensures that it grows.
01:47Past participants of the program, Francisca Brown Matter,
01:51who is now an entrepreneur and the proud owner of Francisca's Delights,
01:55shared what the program did for her.
01:58This program is truly a springboard.
02:02It equipped me with the tools and knowledge I needed to turn my business concept
02:13into a concrete plan.
02:16Brown Matter urged the new participants to build relationships,
02:20share their ideas, and use each other's experiences.
02:24She also shared some advice with them as they are about to begin the same journey
02:28she embarked on while in the program.
02:31Embrace the feedback.
02:35This program strives on discussion and constructive criticism.
02:44Don't be afraid to put your ideas out there.
02:53Even if you feel unpolished, the feedback you receive from instructors
03:01and fellow participants will be invaluable and strengthen your plan.
03:09Network, network, network.
03:13This program fosters a strong entrepreneurial community, so leverage it.
03:21Dominic Ramroop, TV6 News.
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