TechBeach, the Caribbean Diaspora’s leading tech entrepreneurial ecosystem and startup accelerator, will today host its highly anticipated TBR LAB Startup Demo Day.
The virtual event will feature 13 promising startups from its cohort 3 program. The Founders represent 8 Caribbean countries and a variety of industries including edtech and proptech.
Demo Day culminates TBR LAB’s 10-week accelerator program. Startups gained resources and tools to support their growth in the digital economy. TBR LAB also provides participants with insightful content and a global community through its immersive educational program.
The TBR LAB Demo Day is a startup showcase presenting emerging high-growth, tech, and tech-enabled companies located in or focused on the Caribbean and the Caribbean Diaspora. All startups are tech-enabled from a variety of industries including edtech, eCommerce, media, and more. Demo Day provides startups with the opportunity to pitch to an audience of key stakeholders, angel investors, venture funds, and industry experts.
Participating startups include RentMyTutor, the Caribbean’s premier online digital learning platform, and Iteperi, the event-experience platform designed to help connect event attendees socially to deliver improved event experiences.
Other startups represented include ZRISE, a creator marketplace that connects brands and businesses to the ideal content creator for any project or campaign and MyLifePlans, a service that helps individuals prepare comprehensive, legally binding estate plans and wills for a fifth of what a lawyer would charge.
Many of the TBR LAB founders have used their regional experience to create solutions to gaps within the Caribbean market. With the industry insight and strategic investment that TBR LAB’s 10-week program offers, these startups can expect to scale to an international level.
“We’re laying the foundation for the growth of technology companies that are solving problems for the region and ones that are scalable globally. We’re truly excited about the change that’s happening” says TechBeach Co-Founder Kyle Maloney.
Startups from the first Cohort include Zwede Huwitt’s LUHU (Let Us Help U), a social e-commerce platform that provides users with access to products and services as well as social networks. Through TBR LAB and Silicon Valley’s Draper Lab program, LUHU secured seed funding from both Silicon Valley and Trinidad.
TBR LAB furthers TechBeach’s vision to radically transform the digital landscape of the Caribbean and surrounding emerging markets through a comprehensive ecosystem approach. Since its inception TBR LAB startups have collectively raised in excess of US $50M and are quickly becoming catalysts for economic growth and job creation.
Eric Sonnier, Director of Accelerator Programs at TechBeach retreat sat down with UrbanGeekz to discuss TechBeach’s united vision to advance the tech ecosystem in the Caribbean. “There are discrepancies in the Caribbean because it’s a relatively new market. For example, there are no real venture capital firms outside of Puerto Rico. TechBeach Retreat is there to bridge the gap between regional talent and access to mentorship and funding”.
Seeking to spark a shift in cultural mindsets towards innovation and entrepreneurship in the Caribbean, as well as bring awareness in US and Latin American markets to the potential of the Caribbean. Eric says “When people think of the Caribbean and innovation, we want them to think of TechBeach Retreats”.
TechBeach Retreats is currently expanding its portfolio of programs to include TechBeach Connect, a mentorship and networking program, and Innovation Island, summits that bring together innovators in entrepreneurship and enterprise for panel discussions and workshops.
The business showcase will gather Fortune 500 executives as well as investors from North and Latin America, Europe, Africa, and the Caribbean to highlight 13 of the most promising startups in the Caribbean.
The collaboration between TechBeach, the Inter-American development bank, and the accelerator program DMZ, TechBeach kicked off 2021 with the mission of being the Caribbean’s first pure tech accelerator program.