Barbados Youth Business Trust

Barbados Youth Business Trust (BYBT) is a not-for-profit, registered charity (#271) and youth development organisation focused on entrepreneurship. BYBT was started in 1996 by a group of social entrepreneurs to improve the social and economic conditions of young, underserved persons between the ages of 18-35 years old. 

OUR VISION

We will always be a globally recognized best practice for youth entrepreneurship development.

OUR MISSION
To provide under-served young people with dynamic programmes, focusing on business mentoring, start-up loans, and entrepreneurial skills development.

Allicott

Our successful business strategy has been providing an integrated package of business mentoring, start-up loans and grants and other developmental support services to this target group. BYBT is a founding member of the YBI Network and the Barbados host of the Global Entrepreneurship Week (GEW) initiative.  This initiative is aimed at inspiring people to embrace entrepreneurship.

Barbados Youth Business Trust promotes Youth Entrepreneurship Development by providing persons with the essentials to start up a business.

We offer:

  • Business startup capital up as a lender of last resort
  • Business support grants in the following categories: Go and See, Feasibility and Educational Grants
  • Business mentors on a one-on-one, group , specialist  and cluster basis
  • Services – Needs and Competency Based Training, Personal Development, Networking, Marketing and Promotion, Social intervention / Counselling, Advocacy / Lobbying, Community engagement, Outreach, Internships, Library Services, Internet Café/Kiosk and Incubator

Masskin Foods

The Trust is a centre of excellence within the YBI network, a regional resource and was a lead programme for the four years IDB/MIF regional project to develop young entrepreneurs. As the lead programme, BYBT has assisted Youth Business Programmes in Trinidad and Tobago, Guyana, Belize, St. Lucia, St. Vincent and Dominica to start their operations by training managers, business mentors and young entrepreneurs. Additionally, BYBT is an approved Centre of Assessment under the Technical and Vocational Education Training Board and can therefore assess and issue certification of the Caribbean Vocational Qualification (CVQ), which is a CARICOM approved occupational standards.

BYBT works with several regional partners on projects and programmes relevant to youth development and sustainable livelihood including CARICOM in Haiti.