The Branson Centre in the Caribbean is committed to providing businesses in Jamaica with the tools they need to succeed.
Many businesses get stuck in 'small business' mode and need a helping hand to scale up operations, revenue streams and market penetration. To help Caribbean based businesses learn and grow the Branson Centre of Entrepreneurship have joined with the National Commercial Bank (NCB) and designed Operational Excellence workshops - the first one of the year took place in Jamaica last month.
This is the first specialised workshop opened to the public through the Branson Centre’s scale-up accelerator programme. The half-day workshop covered a range of topics which helps small-to-medium enterprises (SMEs) achieve superior performance - encouraging continuous process improvement in order to comprehensively satisfy the needs of both internal and external customers.
"This workshop got rave reviews last year, so we opted to bring it back. This year we sold out all tickets within the first week.'' said Dmitri Dawkins, Branson Centre’s entrepreneur programme director.
"Identifying bottlenecks in your business, where to invest to fix them, and how much increased margin it will result in is crucial for any scaling business. It was a very interactive session with all the entrepreneurs contributing to the conversation based on their specific industry and business models. Small interactive workshops like these are value-filled but costly to set up, which is why we’re happy that NCB is invested in the development of SMEs through our partnership, making this all possible," said Dawkins.
“We are always looking for opportunities to help our customers grow and solve problems and there is no doubt that our partnership with Branson Centre has done that. The Jamaican economy is sustained by entrepreneurs and our investment in programmes like these are important in helping businesses reach their full earning potential” said Gregory Peart, Sales Manager at NCB.
The Branson Centre defines companies in the scale up phase as those in the $25 Million - $200 million revenue bracket - looking to increase scale their operations, increasing revenue and entering new markets. The Centre's 'high-touch' training offering takes place over a six-month period and incorporates rigorous training through business workshops and investment readiness boot-camps (sponsored by NCB). It also offers support through advisory boards and monthly CEO meetings with heads of industry.
Branson Centre helps Caribbean entrepreneurs scale their business with a specialized component for blue economy entrepreneurs. Take the business assessment quiz and learn more.