Bajan Sun Magazine - Caribbean Entrepreneurs Vol1 Issue 8 | Page 69

These concepts will be judged and voted upon by an expert panel to determine the finalists who will go forward to produce their concepts, which would then be subject to a final evaluation before the selection of a winner in November of this year. The winning team will win a trip to Germany at CeBit, one of the most prestigious ICT tradeshows in the world. Lisa Cummins, Executive Director of the BCSI stated that The “App economy” can no longer be seen as a passing fad. It now plays a central role in generating value in the post PC era and has grown into a $20US billion dollar industry within the past five years and created almost 500,000 jobs in the US alone. At BCSI we have been heavily invested in the past year in creating new industries in non traditional areas where we are seeing growth globally and upgrading our skills pool. What we are seeing trending in the US and other markets suggests that there is potential for Barbados to utilize the growing pool of computer and technology oriented technicians and pair them with industry partners to create a tremendous opportunity for innovation and economic growth. We are aiming to create a vibrant mobile app industry and in so doing create that overall economic eco system that supports industry development, entrepreneurial growth, employment generation and foreign exchange generation as we integrate further into the global value chain. www.bajansunonline.com/MAGAZINE/ | [email protected] | @BajanSunOnline