This year 10 teams with creative business ideas and exciting side hustles are turning their vision into reality!
View the 2022 Competition Album Here.
This year 10 teams with creative business ideas and exciting side hustles are turning their vision into reality!
View the 2022 Competition Album Here.
We've invited all problem solvers, big thinkers and go-getters, like you, to take part in the 2022 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 now 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 at the beginning of April 2022.
Competition Finalists
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.
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.
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 in the 2022 competition.
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 business startup support services.
Creativity Award
For a business design that is inspiring new or unconventional with a USD $2,000 cash prize and $10,000 in business startup support 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 business startup support 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!
"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 Start up and Growth Instructor, Professor/Owner and Director at Healthy Futures and Healthy Growth
Public Speaking Instructor, Interim Dean of Business & Finance at The University College of the Cayman Islands
Project Consultant, Mentor & Instructor - Design Thinking, Zimtra Asset Management SEZC
Mentor & Instructor - Raising Capital, Founder and Managing Director, JB Advisory Services SEZC
Enterprise Cayman’s inaugural Cayman Islands Business Design Competition, sponsored by Cayman Enterprise City (CEC), hosted the competition finals at the Harquail Studio Theatre on Saturday, 27 March 2021. A first of its kind in the Cayman Islands, the “Pitch Day” welcomed 10 teams to the stage to pitch their business ideas to a panel of judges and leading business professionals.
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