LAUNCH YOUR IDEA FASTER

The Cayman Islands Business Design Competition

An innovative Ideate Programme that assists entrepreneurs with developing an idea through design thinking and prototyping.

Launch Labs Logo Ideas-1-1

About The Competition

We've invited all problem solvers, big thinkers and go-getters, like you, to take part in the Cayman Islands Business Design Competition. Enterprise Cayman is on a mission to develop engaging programmes that provide individuals and growing businesses with the support and opportunity to develop new products, services, and business. We're providing a platform where innovators can connect and offering a welcoming business environment that fosters innovation — a place where individuals, local businesses, and global ventures can thrive!

Successful applicants will take part in training sessions and workshops based on Design Sprint exercises. Competitors will then have one month to streamline their project and work with professional project advisors before presenting their final project to a panel of judges.

Download Official Rules & Judging Criteria

HERO Website Image TEMPLATE (30)

HERO Website Image TEMPLATE (31)

HERO Website Image TEMPLATE (33)

HERO Website Image TEMPLATE (32)

 

2022 Competition Winners

  • Project of the Year  
    Emailchaser.io: a website and sales tool that allows people to find anyone's email address, even if the email isn't publicly available by George Wauchope
  • The Creativity Award
    SECRET2SAFETY: a Self-defence product for women by Lakeisha Mason
  • The Community Impact Award 
    ConnectKind:
    a Social hub for volunteers and stakeholders by Jennifer Marshall

2022 Competition Finalists 

  • Cafe de la Etudier: a Café, office and study space by Janaye Prehay, Rhon Royer & Greyshell Bent
  • ConnectKind: a Social hub for volunteers and stakeholders by Jennifer Marshall
  • Dark Horse Tan: a Body positive & healthy self-tan products and service by Amber Ford
  • Emailchaser.io: a website and sales tool that allows people to find anyone's email address, even if the email isn't publicly available by George Wauchope
  • Gift Fairy: a Digital gift-cards app by Daval Gregory & Shane McDermot
  • HelloKlub: a Community activity club app by Jesper Barrozo & Chlouie Gaetos
  • Ports & Shipping Lines App: a Web based logistics tool for shipping by Willem Jacobs
  • SECRET2SAFETY: a Self-defence product for women by Lakeisha Mason
  • The Wellth Club: a Socially responsible health club by Taryn Stein
  • Presto: an On-demand laundry service by Dhalia Dames

Why take part?

Launch your idea faster

Develop & Launch your Idea Faster

Access professional support networks

Access Professional Support Networks

Meet like-minded entrepreneurs

Meet Like-minded Entrepreneurs

Develop your public profile & public speaking skills

Develop your Public Profile & Public Speaking Skills

Who can apply? 

The Cayman Islands Business Design Competition is open to all residents of the Cayman Islands over the age of 18 years. Participants may compete as individuals or in teams up to four persons. 

What type of project can I enter?

Competitors can apply by entering a new product idea, a new service, or new feature that they wish to market. 

You might already have an existing business and your team is considering launching a new product, OR you might have an idea for a brand new business. 

How much does it cost to enter?

Thanks to the generous support from Cayman Enterprise City, the Cayman Islands Business Design Competition is 100% FREE to apply! 10 successful projects and finalists will be invited to participate each year. 

What can you win? 

 

Project of the Year

For a business design that shines above and beyond competition expectations. The grand prize for the "Project of the Year" is USD $10,000 plus $13,500 in wraparound business services. 

Creativity Award

For a business design that is inspiring new or unconventional with a USD $2,000 cash prize and $10,000 in wraparound business services. 

Community Impact Award

For a business design that makes a difference in our local and/or global communities with a USD $2,000 cash prize and $7,500 in wraparound business services. 

All finalists will receive a business support "Prize Pack" valued at over $1,500 and one year complementary access to the Enterprise Cayman Launch Labs studio! 

What do participants have to say? 

"The Design Weekend was amazing. Very informative, 4 years of college packed in one weekend, loved it!"

"I felt supported and well guided throughout the entrepreneurship crash course." 

"I loved the "buzz" of enthusiasm in the room. The diversity of finalists, across different ages, ethnic origin, gender, backgrounds, etc., helped make us feel that we really belonged in the room, which encouraged such wonderful participation and interactivity. Thank you."

Business Design Competition Graphic

Competition Timeline

2023 Competition Dates 

  • 1 November 2022 - Application Goes Live
  • 31 January 2023 - Application Deadline 

2022 Competition Dates 

  • 17 February 2022 - 10 Finalists Announced
  • 21 February - Teams meet for breakout session with their project advisor(s) to help prep for the "Pitch Day"
  • 26 February 2022, 10:00am-5:00pm - Design Weekend! Competitors take part in a series of business-focused workshops including prototyping, business ethics, market research, raising capital, and more. 
  • 26 March 2022, 11:30am - Tech Rehearsal & Public Speaking Workshop
  • 02 April 2022, 10:00am-12:00pm - Pitch Day. Think "Cayman Islands Shark Tank". All are welcome to attend! 
  • 02 April 2022  - Awards Dinner 

Additional Resources

Website Image Banner and Background-1 Website Image Banner and Background (3)-1 Website Image Banner and Background (1) Website Image Banner and Background (6) Website Image Banner and Background (5) Website Image Banner and Background (7) Website Image Banner and Background (8) Website Image Banner and Background (4)

2022 Competition
Instructors & Mentors

Alicia Sizemore

Alicia Sizemore

Instructor on Financial Planning Master Session, Founder, White Cloud Accounting

Althea West-Myers

Althea West-Myers

Mentor & Instructor, The Cayman Islands Centre for Business Development

Charlie Kirkconnell-1

Charlie Kirkconnell

Setting-up your Cayman Islands Business Instructor, CEO, Cayman Enterprise City

Danner Taylor

Danner Taylor

Mentor, 2021 Business Design Competition Winner and Co-Founder of BizHub

David Manouchehri

David Manouchehri

Project Consultant & Mentor, Cyber Security and Data Analyst Professional

david-strucke

David Strucke

Mentor, CEO & Founder, Datastreamer

Fiona McDougall

Fiona McDougall

Business Start up and Growth Instructor, Professor/Owner and Director at Healthy Futures and Healthy Growth

Ivan Eubanks

Ivan Eubanks

Public Speaking Instructor, Interim Dean of Business & Finance at The University College of the Cayman Islands

Ian Zakovorotnyi

Ian Zakovorotnyi

Project Consultant, Mentor & Instructor - Design Thinking, Zimtra Asset Management SEZC

Jewel Donohue

Jewel Donohue

Public Speaking Instructor, Actress & Creative Executive, Solaris Entertainment

Kirk Douglas

Kirk Douglas

Mentor, 2021 Business Design Competition Winner and Co-Founder of BizHub

Mario Yaksetig

Mario Yaksetig

Mentor, Cryptographer at XX_Network

Mike Jenkins

Michael Jenkins

Creating the Greatest Pitch Deck Instructor, First Ascent Ventures

Nick Joseph (1)

Nick Joseph

Setting-up your Cayman Islands Business Instructor, Partner, HSM Law

Paul Keane

Paul Keane

Project Consultant, UX Designer, Harmonic Fund Services

Ramona Tudorancea

Ramona Tudorancea

Mentor & Instructor - Raising Capital, Founder and Managing Director, JB Advisory Services SEZC

Rich Dyer

Rich Dyer

Market Research Instructor, Co-Founder, Massive Media

rodney-alison

Rodney Alison

Project Consultant, Synergy Technology Engineering Limited

Rudolph Johnson

Rudolph Johnson

Project Consultant & Instructor for Innovation, Innovation Consultant, Barclays PLC

Tanya Wigmore

Tanya Wigmore

Project Consultant & Going to Market Instructor, Founder & Chief Growth Officer, CRO:NYX SEZC

Tom Jenkins

Tom Jenkins

Business Ethics Instructor, OpenText Corporation, Communitech

Bartosz Mozyrko

Bartosz Mozyrko

Mentor, Senior Product Manager at GoDaddy

Valery Davis

Valery Davis

Mentor, 2021 Business Design Competition Winner and Co-Founder of BizHub

Vlad Logvinov

Vlad Logvinov

Mentor, Founder, vCIO, Compliance beyond the box

2022 Competition Sponsors

Competition Archives 

A first of its kind in the Cayman Islands, the inaugural Business Design Competition took place 27 March 2021 at the Harquail Studio Theatre. 

Business Design Competition Archives