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Blog - Página 22 de 23 de archivos - nombre del Exportación del Caribe

Servicios Compartidos, Beneficios Compartidos

Once outsourcing became a business model, Shared Services centers was a logical and exponential outcome. Such centers are like business supermarkets, delivering key transactional processes and or administrative support under one roof. That results in clients getting to outsource finance and accounting, legal, information technology and even Human Resources in a bargain package that helps them consolidate productivity and reduce costs.

 Historically, Shared Services was defined as delivery of processes to a company from a shared model. The sharing in this instance referred to services delivery across business units and a sharing of accountabilities and responsibilities between the shared services organization and its customers. There are different iterations of that model now, but the core definition remains attractive for firms, even as Artificial Intelligence and robotics are changing service delivery.

 For the Caribbean, selling Shared Services, either in delivery or accommodation, may now be the region’s best outsourcing product. Some companies with a long history in the region have set up such centers here. Canadian activewear market leader Gildan established theirs in Barbados in 1999; Scotiabank launched its hub in Trinidad and Tobago in 2013. And only months ago, KPMG, one of the top four global professional services firm, opened its Shared Services center in Kingston, Jamaica.

 To build marketing momentum and attract other big firms that want value from outsourcing, the Caribbean Export Development Agency will be promoting Shared Services at its second annual Outsource to the Caribbean Conference (OCC2019) in Curaçao May 6th to 10th. The Agency intends to highlight the Caribbean’s service possibilities, especially those beyond voice centers, and why partnerships in this region makes good business sense.

 Operation size and space in the Caribbean are affordable, suitable and practical. Shared Services help these locations with economies of scale in real estate and business ready facilities. A company can benefit from Class A office space rental rates per square meter/ month as low as US$2.8 (US$0.26 per square feet) in Haiti, US$11.2 (US$1.04 per ft2) in Suriname and US$11.7 (US$1.08 per ft2) in Jamaica. In other benchmarked BPO markets like India, Philippines, Costa Rica, Colombia and Mexico, rental rates vary between US$12.4 (US$1.15 per ft2) to US$26.7 per square meter (US$2.48 per ft2).

 The Caribbean’s diverse and skilled English-speaking workforce makes it an ideal location for most combined back office operations because it offers solid capability. Many Fortune 500 and other multi nationals already have a presence here, which means a center can recruit local talent who have first world business experience.

Shared Services also bring big savings on statutory and social security taxes and benefits like group health. Even better, the Caribbean’s labour costs are more competitive than North America, falling between 88% to 55% lower. Over 70,000 students graduate from higher education every year.  The region also has the advantage of speaking several global languages with English, French, Spanish and Dutch spoken fluently.

 The region’s proximity to major markets as a gateway between North and South America, and its modern infrastructure means set up and integration is seamless. That proximity, and recent telecom/internet advances in most territories make it easy to support cross border operations with other regional players.

 Some other valuable benefits of Shared Services in the Caribbean for foreign firms were recently highlighted in a Smarter with Gartner blog: service reliability, simplification of effort and key insights that help partners improve business performance. 

 According to the blog, reliability adds value by meeting customer needs at a competitive cost. A reliable vendor allows a client to focus on improving and refining their own processes. “The Caribbean has already proven it’s a reliable business partner,” says Tessa Jacques – President of the Caribbean Association of Investment Promotion Agency’s (CAIPA). “Each country offers incentives that increase the savings to each investor and investment facilitation staff who stand ready to assist in any way.” The region’s territories also boast high functioning institutions, efficient government, and regulatory systems that are conducive to business.

 The second benefit, simplifying effort, brings a seamless, positive customer experience for clients who may be expanding or who want their key processes done in a standardized manner and can leverage management expertise and governance across all business support functions.

 Insights, often the best driver of business growth, are multiplied in Shared Services precisely because they bring untold value not only in the smart moves they allow companies to make, but also in market mistakes they help companies avoid. Insights from good data analysis offer opportunities to increase revenue, cut cost and improve business performance overall.

 OCC2019 comes at a time when Caribbean economies are riding on growth north of the region. As this seems likely to continue for the near future, it will make it easy to sell the concept of Shared Services centers to firms that want partners who will join them in solving their business problems. Others will simply want the ease of setting up their own, as Scotia and KPMG did. “Many of these companies want to know that the local talent is technically capable to support their operations. We can offer that in the Caribbean,” says Tessa Jacques – President of the Caribbean Association of Investment Promotion Agency’s (CAIPA). 

This article was originally published on the Outsource to the Caribbean website .

Building a brand, from a bar of soap, to a bath and body line – the bahamaSpa™ story

Indira Weech owner of bahamaSpaâ„¢.

When Indira Weech returned home to the Bahamas after living in Europe, she started a movement.  Determined to offer tourists an authentic Bahamian experience, Indira decided to forego traditional souvenirs, opting for soap, which she dubbed the useful souvenir. 

Her handcrafted, skin-loving bars, formulated with indigenous botanicals and Caribbean scents, provide the perfect way for visitors to the Bahamas to take home a little piece of paradise.  And her focus on using natural ingredients and sustainable packaging has been at the forefront of her eco-coconscious living in the Bahamas, inspiring others to be more mindful of how much they throw away.

From just soaps in 2004, bahamaSpa™ has expanded to a full body and hair care range, including body scrubs, butters, creams, lotions, massage oils and shampoo bars. And at the root of the company’s success, is Indira’s passion.  As she tells it, she’s obsessed with formulating products that are good for both the user and the environment.

If you are going to be successful as an entrepreneur, it can’t just be about money, she said. The days and nights will be long, so you’ll need to find something you’re passionate about, and motivated to keep doing in spite of the failures you will encounter.

In addition to loving what you do, Indira implores aspiring entrepreneurs to train continuously.  Knowledge is key to remaining relevant, improving your product or service and perfecting your brand, she said.

Looking back on her own failures, Weech shared that there have been many, including the closing of her business and starting again from scratch. But she believes when entrepreneurs share their story, they should willingly share both the highs and the lows, so that those contemplating the journey have a true sense of what it can be like.

Looking ahead, future plans for bahamaSpa

It’s been 11 years since Indira started building the bahamaSpa brand, and many of them have been spent learning about product formulation and about the beneficial properties of plants and herbs.  The focus on, and investment in continuous education has been worth it.  Her palm, phthalate and paraben free products are receiving rave reviews, and have found their way into luxury spas across the Bahamas.

The demand for this healthier, environmentally friendly skin care option has been so high, that keeping up supply has been challenging.  And, because many of the tourists who try Weech’s souvenirs want more than a one-off experience, her focus is now on getting export ready.

bahamaSpa is one of 20 women-owned Caribbean businesses making up the first cohort of participants in the Women Empowered through Export (WE-Xport) programme, which is designed to support Caribbean women in business to start exporting, or increase the exports of their products and services. 

Inspired by the sights, sounds and smells of Paris while exploring the city as a child, Weech knew then she wanted to be a creator.  She wanted to produce something beautiful and artistic that brought pleasure to its users, and she wanted it to be on display in one of the luxurious Parisian storefronts she peered into and fell in love with.  bahamaSpa, with support from the WE-Xport programme, is at the beginning of the realization of that dream, and Indira is confident, that she will one day walk the streets of Paris, and see her products looking back at her from the other side of the glass.

Visit the We-Xport booth at Bmex in June 2019 to see the bahamaSpa range of products.

¿Qué hace que Curaçao sea una excelente ubicación para la Conferencia Outsource to the Caribbean 2019?

One of the Caribbean’s most vibrant and cosmopolitan countries, Curaçao has just the character for OCC 2019 (May 6th – 10th).

The Caribbean Association of Investment Promotion Agencies (CAIPA) and Carib Export will be working with the Curaçao Investment Promotion Agency, fDi-Intelligence (an arm of the Financial Times), and other partners to ensure that it delivers nothing but excellence and rewards to all participants.

Introducing Curaçao

Excellence is already a benchmark of Curaçao. The Dutch-Caribbean country is, with Aruba and Bonaire, one of the ABC islands, and an independent nation in the Netherland kingdom. It has been called a bit of Holland in the middle of the Caribbean. Really, though, it’s more Papiemento – the best of several worlds. Papiemento is one of Curaçaos’ three official languages (after Dutch and English). Like Curaçao’s diverse population, it is a blend of Spanish, Dutch, English, Portuguese, and African. You won’t often, even in the Caribbean, find so many worlds in a single island. The country is, in a word, unique. Progressive: with its underpinnings of freedom in all areas. Quintessentially Caribbean: welcoming weather (heat buffered by trade winds, clean air, with little rain), beaches, and colorful and objectively beautiful old world architecture. Modern: advanced infrastructure, transportation, and an extensive telecommunications network. Magnificent: It has an underwater cave known as the blue room (!) Quirky: iguana soup, anyone?

Not just a holiday spot

Curaçao regularly welcomes vacationers and its natural charms have enticed some to make it their home. But it’s not just a resort island. Its lengthy, services tradition includes pioneering the Offshore Financial Services Sector in the Caribbean as early as the 1920s. This positions the country ahead of the curve when it comes to the growth sector that is Business Process Outsourcing (BPO).

With development on par with, and easy access to markets in, the US and Europe; link-up with Dutch capitals in Europe and the Caribbean; proximity to the US (literally in the same time zone as New York); and the fact that it is tax-and-investment-incentivized; Curaçao is ready to court quality investors.

Well connected

Curaçao’s IT infrastructure has made it a data hub for the region. Daily flights from Europe, the US, Central America, and the Caribbean make it a physical hub. Meanwhile, its authentic attractiveness, modern amenities, while being located in the Caribbean Sea, though not in the hurricane belt (so investors can rest easy there), add to its appeal.

Curaçao has, in its capital Willemstad, one of the world’s largest natural harbors, accessible via a moving bridge called the swinging old lady; making it a center for container ships. A country so used to being at the center of things is well positioned to host an event like OCC 2019 – showcasing that paradisiacal as it is, the Caribbean has much more to offer to a service-driven, IT connected, progressing world, and especially to the world of international business.

This article was originally published on the Outsource to the Caribbean website .

Llevando el factor sorpresa a Villas At Sunset Lane

Her passion had always been for cooking, Caribbean dishes in particular and after a long career in corporate America as a tax accountant, Jacqueline Cort-Thomas returned to the classroom to learn the science of food. The idea was to build a business that provided private catering for high-end clients in New York City, but after an internship at the famous W Hotel in New York she decided to go into the hotel trade.

“I was so impressed with the boldness of colours used in the rooms, the welcoming service offered by the staff, and the feeling of being pampered in someone’s home,” she said. “And at that moment, I decided to duplicate such a property in Antigua where I grew up.”

Birthing the Vision
Jacquline was so ‘wowed’ by her experience at the W Hotel, it became the inspiration behind her vision of a 10-room, Caribbean-inspired property, that would also wow it’sits guests. In 2007, the Government of Antigua were offering concessions for the construction of small properties during Cricket World Cup which would enable the purchase of building supplies, furniture and fixtures tax free. Naturally, Jacquline saw this as her opportunity to make her vision a reality and in 2009, two years after purchasing land with her sister and business partner, Villas at Sunset Lane opened its doors.

As the new kid on the block, Cort-Thomas shared that her welcome wasn’t warm from the other hoteliers on the island.

“No one extended a hand to me,” she said.  “It was a lonely path; I felt push back and in one case outright animosity, but I ignored it, worked around it, and moved forward.” 

Despite this, Jaqueline proved her critics wrong by winning numerous industry awards, including some from global travel site Expedia and the Antigua Tourist Board. These proved her credible, and earned her critics’ respect.

A Decade Strong. What Next?
This year Villas at Sunset Lane celebrates a decade in operation, and Jacqueline is focused on expanding to a 15-room property that can compete against the disruption that she has faced since Air BnB has entered into the hotel industry.

“Airbnb have done an excellent job in forcing prices down, so more hotels are available to individuals unable or willing to pay higher prices for the wonderful service they would receive,” she said. “That has impacted me, so I’ve had to change, or else I’d end up being a dinosaur.”

Jaqueline’s changing her strategy focusing on the group travel market in order to compete more effectively with the Airbnb.

“I’ll be positive and say I believe this will take off, which will then provide the additional revenue to build out the extra rooms I need for the expansion,” she said.

What’s the Takeaway?
For those considering having a go at entrepreneurship:

  • Have a clear vision and a detailed plan of how to execute it;
  • Do not rely on external forces to provide the encouragement or motivation you need to keep going;
  • Ensure there is enough flexibility within that plan to enable you to make adjustments necessary for continued growth and success;
  • and finally, ensure what you’re offering is unique.

Antigua has no shortage of hotels, but what separates Villas at Sunset Lane from the others says Jacqueline, is the ambiance, purpose-built, large rooms on a property providing a quiet, pampered environment, where the owner, a trained chef, fuses Caribbean and international flavours for an unforgettable epicurean experience.

Visit the We-Xport booth at Bmex, in June 2019, to learn more about Villas at Sunset.

Take a virtual tour and find out more at: www.villasatsunsetlane.com and @VillasAtSunset on Facebook and Instagram.

El Caribe es la mejor propuesta de valor para la subcontratación

Organizers of the second Outsource to the Caribbean Conference scheduled for May 6-10 in Curaçao expect a bumper attendance, and for good reason. The Caribbean is the hottest location for major US firms outsourcing operations to grow revenue. And we’re not talking about the weather.

Interest this year promises to be higher than at the inaugural OCC 2017 event in Jamaica. Registration already suggests a robust return rate of participants. The OCC target markets this time include more than 300 business process outsourcing (BPO) industry leaders from the Caribbean, Mexico, Colombia, the USA, the Netherlands and Canada. The first OCC saw 160 industry specific participants from more than 20 countries.

“OCC’s purpose is to pull the Caribbean BPO sector together to plan and execute a strategy to enhance our presence in the global BPO market,” says Suzette Hudson, Senior Advisor in Investment Promotion at Caribbean Export, a regional trade and investment promotion agency mandated to enhance the competitiveness of CARIFORUM SMEs, promote trade and attract investment. Its partners for the event are the Caribbean Association of Investment Promotion agencies (CAIPA), the Curaçao Investment Promotion Agency, CINEX, and fDi-Intelligence (a Financial Times arm).

Caribbean Export’s optimism for a successful conference is well placed. As Caribbean infrastructure improves and costs elsewhere escalate, the region has become as valuable to the BPO industry as firmware. “Our value proposition is strong, and we are confident we can continue to attract BPO firms from North America,” says Hudson.

The region offers native language speakers in French, Spanish, Dutch, Portuguese and English, many of who are multilingual. The workers are well educated, highly skilled, are service oriented and are mostly lifelong learners. Caribbean culture produces workers who are affable and easy-going talents, easy to train in industries from financial services to technology.

Outsourcing to the Caribbean is a no brainer for another reason, one that real estate executives use as a mantra: location, location, location. The region shares time zones with the US’s eastern seaboard so there is easy alignment of working hours and business, training and meeting schedules. It’s an added bonus for SLA and KPIs because the region is a stone’s throw away, and North American executives can hop on a plane and be here the same day when necessary.

The Caribbean also scores high in infrastructure, with reliable and consistent access to all utilities. Its telecommunications fibre optic infrastructure connects all islands in the region, with redundant high-speed internet that competes internationally in voice and data services. Firms can use cloud technology to reduce start up and ongoing costs.

Bottom line is that the Caribbean offers 10% to 30% lower costs and delivers above average results, say some BPO executives. “If they were unable to produce results near what we could generate from a higher cost option, we would consider moving to higher cost options,” says one executive who has worked nearly 10 years with a Caribbean BPO.

OCC2019 will feature a 2-day workshop for regional BPO service providers, and conference topics such as “Driving business growth through RPA (robotic process automation) and intelligent automation from a Caribbean perspective.” This year’s event will also include an EXPO, networking sessions and the first ever Caribbean BPO of the Year Awards event,” according to Hudson.

Emprendedor caribeño construye marca reciclando

Tamara Prosper is an artist who has always been drawn to the world of business, so she combined her studies in business management with her passion for art, to create the Grenada-based, luxury, eco-jewellery brand, Tambran by Tamara.

Prosper started this venture in 2013 while studying at UWI in Trinidad & Tobago, inspired by her realisation that the university generated a great deal of reusable waste material.

The quality of this material, said Tamara, was high – discarded banners from seminars and scrap pieces of wood – and inspired her to experiment with transforming one man’s waste into treasures that would adorn the necks, wrists and even ears of others.

With no advertising budget, or capital for a storefront, Tamara utilised social media as her trading platform, and entered competitions in order to acquire some of the capital she needed to grow her business.

Maintaining momentum, and understanding your product’s value

“I absolutely love what I do,” Tamara shared.  “So that makes it easy for me stay motivated.”

In essence, Tamara proves daily that if you can make a living doing the thing you love, you will never work a day in your life.  But while this is a tremendous blessing, it can also be a curse.  Prosper shared that her passion for her work sometimes poses a problem in terms of pricing.

“I feel like it’s so easy to do, because I enjoy it so much, that I can sometimes undervalue my product,” she said.

A 2014 Eco Challenge Caribbean Award at the UN-funded Talent and Innovation Competition of the Americas also helped to validate the Tambran brand and provide greater recognition, further incentive for Prosper to prosper, by scaling up, and continuing to innovate.

What’s next for Tambran by Tamara?

New jewellery collections are in the works that will incorporate natural materials such as seeds and pods from Shak Shak trees, paint and some synthetics.

Focused on her goal of providing a central place where customers can find her product, Prosper will soon unveil a “storefront” with a difference.  She recently purchased a second-hand vehicle that will double as both a mobile and stationary store, allowing the Tambran by Tamara team to drive to highly-trafficked events, and return to their base after.

Finally, testing is currently underway to facilitate plans to branch into the world of fashion.  Trendy hand-painted jeans, tops and even Tambran by Tamara couture may be gracing Caribbean runways in the not too distant future.

Tamara envisions the Tambran brand, growing to become a recognisable eco-Caribbean brand with a significant presence in Barbados, Grenada, Jamaica and Trinidad within five years.

“I want it to become the Michael Kors of eco-jewellery,” Prosper said.

A few takeaways for budding & aspiring entrepreneurs

Believe in your ability, and know that you are good enough.  Know and believe in the quality and value of your product, and price it accordingly.  This, Tamara says, is perhaps the most valuable piece of advice she can offer to any budding entrepreneur.

And also, just get started, she said.

“Don’t wait on the right time, because the right time never comes.  You don’t have to know it all in order to get started; you will learn along the way.”

Finally, Tamara advises Caribbean entrepreneurs in particular, to be inspired, rather than discouraged, by the success of entrepreneurs in developed states.

“But you must start by believing in yourself, your vision and your product.”

Visit the We-Xport booth at Bmex in June 2019 to see what, the eco-jewellery brand, Tambran by Tamara has to offer.

FIND OUT MORE ABOUT Tambran by Tamara: Facebook and Instagram – @tambranbytamara

Benlar Foods, el experimento que se convirtió en un exitoso emprendimiento empresarial y empresa social

Founded in the land of wood and water, this social enterprise is transforming lives by offering healthy, nutritious foods, sharing knowledge and empowering other members of the community.

CEO Craslyn Benjamin established Benlar Foods in 2014, while working as a strategic forecaster with Jamaican food giant, Grace Kennedy.  It was initially an experiment intended to troubleshoot a supply shortage Grace Kennedy was experiencing.  Benjamin was contracted to grow scotch bonnet peppers, and with two acres of land, she rolled out a fully organic, best practice set up.  The experiment proved to be several times more bountiful than imagined.

“It was amazing,” she said.  What I made in three months of reaping, I was making in a year of salary at Grace, and they paid me really well.”

Inspired by her success, Benjamin resigned from Grace to run Benlar Foods fulltime.  She strategized on how she could increase yield, and grow produce efficiently, and she shared the knowledge gained with other farmers in her community, eager to ensure they too could reap her level of success.

“I wanted to increase the availability of authentic Jamaican products,” Benjamin said.  “Sometimes you hear, oh, I am not getting the authentic jerk seasoning anymore from Jamaica.  I have an issue with that because our country is known for its food and spices, so I feel the need to protect that,” she said.

After a year in business, Benjamin landed a major contract with Burger King.  It proved to be the stepping stone toward developing a sustainable business model.  She scaled up production, created new products and launched Benlar-branded spices, all with a view toward strengthening brand Jamaica.

Scaling up and going global

With four years of business under their belt, and six major contracts, what’s next for Benlar Foods?

They have just incorporated an e-commerce platform, which facilitates trade by enabling them to drop shipments in different countries.

Organic prepared foods are next on their list of offerings, and they are setting up an agro processing facility to facilitate this.  It will allow them to control freshness along the supply chain, add value, and meet customers’ preference for convenience.  It will be one of the only facilities in Jamaica offering a service of this kind.

They are also pursuing a Safe Quality Foods (SQF) certification, which will allow them to export to foreign territories like Australia and Sweden.

“This is really big for us, in terms of taking us to the next level where food safety and traceability are concerned,” Benjamin said.

Mentorship, training and an international outlook, keys to success

“Research programmes and organisations focused on training and mentorship,” Benjamin said.  “This is key to continued learning and evolution.”

The knowledge she gained through her enrolment in the Branson Centre of Entrepreneurship, and her selection for President Barrack Obama’s Young Leaders of the Americas initiative and Caribbean Export’s WE-Xport programme have been priceless and she continues to reap the benefits to date.  The programmes exposed her to how top US conglomerates manage fresh produce and distribution across several states, assisted her with developing a strategic action plan, and exposed her to a network of over 245 entrepreneurs from Latin America and the Caribbean with whom she exchanges ideas daily.

“You must network with entrepreneurs across the region.  Study how countries, like Cuba, Venezuela and Haiti do business differently, and see what elements can be beneficial…to your operation.  “We don’t operate in a vacuum,” she said.   “A global approach will be key to your success.”

Visit the We-Xport booth at Bmex in June 2019 to view the Benlar Foods’ product range.

Find out more about Benlar Foods, how they assist other farmers and empower the youth in their community.

Website:  www.benlarfoods.com

Facebook and Instagram : @benlarfoods

De Etiopía a Santa Lucía, la historia de Meme Bete

While living and working as a development professional in Ethiopia, Meme Bete’s founder, Taribba do Nascimento helped women entrepreneurs get export-ready, and as she watched their ventures grow, she was inspired to follow the entrepreneurial path.

“The leather industry is really organized in Ethiopia, and I loved African prints, so I thought African print fabric with leather would produce a beautiful bag,” Taribba said.

She established Meme Bete in 2009, a brand specialising in crafting exclusive handbags and purses.

At first it was a side hustle she used to repay student loans, but after becoming a mom, Taribba gave up her job and dived into Meme Bete full-time, so she could stay at home with her son.

In 2012 Taribba returned to Saint Lucia and to full time development work, again making Meme Bete a part time venture.  It was a strategic move that enabled her in four years to accrue the capital needed to purchase industrial machines, hire staff and commence production full time from her very own atelier.

As a single mom relying solely on profits from an entrepreneurial venture and having responsibility for the livelihood of her staff, each day is a challenge.  Despite the rush of support from friends and family eager to support her venture, there were only so many bags they could buy, and when that initial support dwindled, it was time to convince strangers to buy.

Eyes Set on Becoming an Iconic Brand

Meme Bete will celebrate its 10th anniversary in April 2019, and Taribba is focused on increasing the brand’s visibility, as well as incorporating more personal stories in the hopes of inspiring others.  The brand is intentionally small and focused on exclusivity.  They do not replicate prints, and colour schemes are unique in each bag.  In effect, no two Meme Betes are the same.

The goal?  To be that thing people must get when they visit Saint Lucia.

“I want it to be synonymous with Saint Lucia,” do Nascimento said.  “There are the Sulphur Springs.  There are the Pitons.  And there is That’s what I want,” she said.

Fittingly, do Nascimento borrowed the name from a Saint Lucian saying that means same animal, same beast, loosely translated on island as “there is no difference; we are all the same”.

“It’s now trendy to buy artisanal products, and people are beginning to understand the need to support local economies,” do Nascimento said, “making it a great time to be an entrepreneur in the Caribbean.”

There is no shortage of talented people in the Region and Taribba is one of twenty women entrepreneurs that was selected to participate in the Women Empowered Through Export (WE-Xport) programme implemented by Caribbean Export.  We-Xport supports Caribbean women in business to start exporting or increase the exports of their products or services.

Find out more about Taribba’s journey by subscribing to her newsletter at: www.memebete.com, and join the Meme Bete community on Instagram: @memebete.bags and Facebook: @meme.bete.

Hacer negocios en Cuba

Un mercado de más de 12 millones de personas no es nada para que los exportadores caribeños se dediquen a hacer el ridículo. Ese es el tipo de mercado del que se beneficiaría cualquier empresa de la Comunidad del Caribe (CARICOM). Por eso, cuando la CARICOM y Cuba firmaron un Acuerdo de Cooperación Comercial y Económica recíproco hace 15 años, proporcionó a los exportadores de la región acceso a millones de clientes potenciales. El acuerdo recíproco, que se centraba principalmente en el comercio de mercancías, permitía la entrada libre de impuestos o con derechos reducidos a Cuba de productos específicos como zumos de frutas, salsas, condimentos, aderezos y ropa procedentes de la región de la CARICOM. Aunque el acuerdo está ahora, más o menos, inactivo, varias empresas establecidas han aprovechado la oportunidad de acceder al mercado cubano, aunque no sin tener que superar varios obstáculos.

Baron Foods Limited, una empresa manufacturera de Santa Lucía con una gama de productos de 165 condimentos y bebidas con la certificación del Sistema de Seguridad Alimentaria (FSSC) 22000 V3, es una de esas empresas.

Cinco de sus condimentos y salsas han sido aprobados y aceptados para su venta en el mercado cubano y la empresa está a la espera de un pedido confirmado por TRD Caribe, uno de los mayores distribuidores de alimentos y bebidas de Cuba. También tiene en el punto de mira el sector de la hostelería y el turismo y los comercios minoristas.

El Director General Ronald Ramjattan dice que habría sido negligente por parte de su empresa, que tiene 24 años y ya está presente en otros mercados de la región, no haber mirado a Cuba. Cuba es un mercado nuevo y emergente con más de 12 millones de habitantes que comparten una cultura y unas preferencias alimentarias similares a las del resto de los caribeños, afirma. El mercado cubano es similar en muchos aspectos al resto del Caribe, aunque la influencia española tiene su cuota de diferencia con respecto a nosotros.

Como reconoció Ramjattan, los beneficios son importantes para cualquier exportador de la CARICOM. Entre ellas, el acceso a un gran mercado regional que los competidores estadounidenses no pueden aprovechar, debido al prolongado embargo de Estados Unidos contra el comercio con Cuba. Aunque a partir de enero de 2015, se hizo posible que los estadounidenses visitaran Cuba sin una licencia específica si la visita entra dentro de alguna de las 12 categorías, todavía hay límites a la cantidad de bienes que pueden introducirse en el país en el equipaje, y enviarse por barco desde el extranjero. Sin embargo, los retos para entrar y competir en el mercado cubano son numerosos.

Cuba tiene una de las pocas economías de planificación centralizada que quedan en el mundo, y el gobierno controla el 90% de la economía. Todo el comercio con ese país debe realizarse a través del Estado. Por lo tanto, las mercancías sólo pueden ser importadas a Cuba por entidades gubernamentales y empresas conjuntas que posean permisos para las mercancías en cuestión.

El elevado coste del transporte (tanto marítimo como aéreo), las diferencias jurídicas e institucionales y la insuficiencia de mecanismos de financiación y crédito son otros de los principales obstáculos. Además de las estrictas normas que rigen la política de importación del país, el idioma fue un obstáculo para Baron Foods.

El hecho de que el español sea la lengua hablada es una de las principales barreras a las que tuvimos que enfrentarnos. Las condiciones de venta son completamente diferentes, ya que buscan facilidades de crédito de tres a seis meses, dice Ramjattan.

Sin embargo, Kapril Industries no tenía el problema de la barrera del idioma. La empresa de fabricación de cosméticos, creada en diciembre de 2002 por un grupo de profesionales de la química en la República Dominicana de habla hispana, lleva dos años exportando a Cuba productos para el cuidado del cabello y la higiene personal.

La proximidad de la República Dominicana a Cuba, el hecho de que ambos tengan mercados similares para los productos capilares y el hecho de que los residentes de ambos países hablen el mismo idioma, resultaron ser una ventaja para Kapril.

La razón de elegir a Cuba como mercado es que compartimos grupos étnicos similares, al ser islas cercanas y, por tanto, características similares. Además, compartimos el mismo clima de la región del Caribe y nuestros productos están diseñados con una fórmula tropicalizada, dice la directora general Julia Jiménez, que también es la primera vicepresidenta de la Asociación de Pequeños y Medianos Fabricantes de Cosméticos de la República Dominicana (APYMEFAC).

Pero, al igual que Baron Foods, Kapril tuvo que pasar por los largos procesos requeridos para cumplir con las normas y regulaciones de importación del país. Y ambos descubrieron que tener un producto establecido no era suficiente para entrar en el mercado.

La normativa sobre alimentos y medicamentos forma parte de la rigidez de la aplicación. Nuestros productos tuvieron que ser sometidos a pruebas y evaluaciones a través de sus aboratorios, dice el director general de Baron. Al explicar el proceso, Ramjattan añadió En primer lugar, sus productos deben tener la certificación HACCP. En segundo lugar, hay que asistir a la feria anual FIHAV (Feria Internacional de La Habana). Una vez aceptados sus productos, hay que enviarlos para su evaluación en el laboratorio. Una vez aprobados los productos, teníamos que seleccionar uno o varios organismos gubernamentales para que fueran los distribuidores. Por último, se concretan las condiciones de venta con el distribuidor. Del mismo modo, Kapril pasó por el proceso de cumplimiento de toda la normativa necesaria.

FIHAV fue vital para que ambas empresas se abrieran paso en Cuba. El evento anual es la mayor y más importante feria comercial de Cuba. A ella asisten varios responsables de la toma de decisiones y compradores cubanos que negocian contratos con proveedores extranjeros, se informan sobre nuevas tecnologías y productos, conocen a nuevos exportadores y refuerzan sus relaciones con proveedores ya establecidos. Dada la importancia que los cubanos conceden a las reuniones cara a cara, es un evento que merece la pena para que los potenciales exportadores evalúen el mercado cubano y la competencia extranjera.

Participamos como expositor en FIHAV en 2012 con el apoyo de Caribbean Export. En este evento recibimos varias propuestas de diferentes clientes; les atrajo la presentación y las caracterÃsticas de los productos y finalmente fuimos seleccionados por uno de ellos como proveedor, dice Jimenez de Kapril, quien anima a los exportadores que quieran exportar a Cuba a asistir a la feria.

Para conseguir el acceso a Cuba, Baron Foods también asistió a varias ferias comerciales facilitadas por Caribbean Export. En los últimos dos años, la empresa fue seleccionada por la Agencia de Promoción del Comercio de Exportación de Santa Lucía para buscar activamente la entrada en el mercado cubano. Esta empresa definitivamente da dividendos y nos ha puesto en el punto en el que estamos hoy, dice Ramjattan.

Hacer negocios con Cuba con éxito requiere una gran planificación, como ocurre con la entrada en cualquier mercado. Incluso antes de iniciar el proceso de exportación, las empresas deben evaluar su preparación para la exportación, investigar y seleccionar su mercado objetivo, tener una estrategia sólida a medio y largo plazo con los recursos financieros para ejecutarla, y disponer de suficiente capacidad de producción y flexibilidad.

Sin embargo, a la hora de exportar a Cuba, las empresas también deben determinar si las mercancías que desean exportar están controladas, prohibidas o reguladas, y si se requiere un permiso, una licencia o un certificado de exportación. Hay que estar preparado para la exportación. El embalaje y el etiquetado deben satisfacer el mercado cubano y deben poder enviarse en contenedores, añade Ramjattan.

La Oficina Nacional de Normalización de Cuba establece las normas de etiquetado y envasado de los bienes de consumo. Esta normativa se aplica en el puerto de entrada, por lo que los productos deben cumplir los requisitos de etiquetado antes de ser importados.

Ahora que está lista para que sus productos lleguen a las estanterías de Cuba, Baron Foods reconoce que el otro reto será mantener los precios competitivos, ya que los productos chinos baratos son muy frecuentes en el mercado cubano.

Kapril también ha tenido que competir con proveedores de países más desarrollados con productos bien presentados y a precios competitivos. Pero el director general dice que la empresa superó esa barrera mejorando su envase y manteniendo una alta calidad para ampliar su mercado
compartir.

Aunque hace su parte para garantizar que la empresa coseche éxitos en Cuba, como lo ha hecho a nivel local y en Granada, Dominica y Trinidad y Tobago, Baron Foods cree que los gobiernos regionales pueden hacer más para ayudar a los exportadores a acceder al mercado cubano.

Los gobiernos pueden seguir trabajando con la administración cubana para establecer acuerdos de protocolo para las empresas manufactureras de la región, dice Ramjattan.

Por su parte, Jiménez dice que quiere que se firme un acuerdo comercial entre la República Dominicana y Cuba.

Este artículo fue escrito por Dwayne Parris y publicado por primera vez en la publicación Caribbean Export Outlook 2nd Edition

Pionero en el Mercado de Exportación

In Jamaica in the 1980’s, a food scientist with experience in dietetics, nutrition and food research development positioned her company as an export-driven firm. Considered a pioneer in her field, Dr. Juliette Newell started what has burgeoned into one of the local leaders in the manufacturing and distribution of Jamaican products in the overseas markets. Today, Tijule Company Limited is managed by Dr. Newell’s nephew Roy Newell, who took over the business after her passing.

With 65 full time employees, and occupying over two acres of prime commercial land, the 30-year old company produces an exceptional line of products, which includes canned and frozen fruits and vegetables, flavourful sauces, seasonings, dips and condiments, exotic and gourmet jams, jellies, marmalades, fruit bars and bammies (cassava). Tijule also manufactures sauces and other products to customers’ specifications and tastes.

According to Roy, the Managing Director of Tijule, opening the company was a dream come true for Dr. Newell.

“My aunt had a PhD in Nutrition so food was her passion. She has also wanted to always take a taste of Jamaica to the rest of the world.”

Dr. Newell succeeded in doing just that as 80% of the company’s output is exported directly to the United States, United Kingdom, Canada, China, India, Japan, and the balance sold to other regional exporters and locally.

Roy noted that because of the market they are in, all companies that produce jams, jellies, and other condiments in Jamaica are their competitors; but his aunt never saw this as a challenge. He revealed that Dr. Newell’s biggest hurdle came in securing capital for her business

“The 1980s was a difficult period, especially for a woman. Banks saw women as high risks and they were not too willing to give loans unless men were on the Board of Directors. As a woman in business, my aunt had to get a lawyer to verify that she was of sound mind and could manage a business.”

Roy added however that determination was what pulled her through, as interest rates at that time were very high, but she had a goal in mind and would not be deterred.

Since taking over the business, Roy has himself had some challenges noting that understanding how to run the business was the greatest one, but after completing an audit of the operations he feels more confident in his ability to carry on his aunt’s legacy.

The former electronics engineer believes that a large part of the company’s success is owed to his aunt’s insistence of comprehensive market research for the identification of markets and customers.

“This really gave the company a jump start in exports and helped us find our niche, which is catering to the Jamaican Diaspora in the US and the UK. We have also decided to focus more on our brand and ramp up the visibility of our company.”

With this new branding and marketing focus, Tijule has become increasing involved in in-market demonstrations, trade shows and study tours. Roy shared that most of the opportunities were made possible through the Caribbean Export Development Agency.

“We became aware of Caribbean Export in 2007 through the Jamaica Exporter’s Association (JEA). The Agency has since helped us with the development of new labels and modification of the old ones, the acquisition of quality management standards, streamlining and marketing and promotional systems, conducting market research, and upgrading our infrastructure. All of this was achieved through the grant scheme and through technical assistance.”

Tijule also participated in the Manufacturing Study Tour to France, Germany and the United Kingdom in 2012 and the ANUGA Trade Fair in Germany with support from Caribbean Export.

“Both occasions gave the exposure we need for new markets. We were also given an understanding of what is required in terms of international requirements, customer satisfaction, and the highest standards in the production process.”

Following participation in ANUGA, Tijule received pricing requests and orders from Africa, Denmark, Israel, Germany and Sweden. Roy believes that the Agency has helped prepare Tijule for a new growth trajectory.

“Caribbean Export has and continues to play a significant role in our overall growth and development. Their commitment to regional private sector development is unmatched.”

Besides becoming a globally recognized brand, Roy wants to undertake some aggressive marketing and market research for Tijule.

“We want to reach as many customers as possible, as well as ramp up our promotion to distributors.”

The tenacious businessman believes that these are also important aspects of business development that regional firms should seek to undertake, adding that it is important to leverage relationships with suppliers and distributors to build a solid network.

Like his aunt, Roy believes that humility, gratitude, and motivation go a long way in the achievement of goals and adding that aligning yourself with the persons to help you in the journey bodes well for success.

Tijule can certainly be saluted as a pioneer in the export market, and Dr. Newell’s role in this achievement will always be remembered.

This article was first released in the publication Primed For Success Vol. 3 

Cómo la cúrcuma dio origen a una premiada empresa emergente y está cambiando vidas en Belice

Cuando Umeeda Switlo visitó Belice en 2014 por encargo de una ONG internacional, se enamoró inmediatamente del país centroamericano, de su gente y de una especia de raíz dorada y picante.

Era la cúrcuma más hermosa que había visto en mi vida, recordó. Era enorme y de un color realmente anaranjado.

Y cuando estrechó la mano de uno de los antiguos cultivadores de cúrcuma de la India, se sintió inspirada, decidida a ayudarle a él y a otros cultivadores a reconectar con su cultura.

La cúrcuma, principal componente del curry, se introdujo en Belice hace más de 200 años, cuando llegaron al país sirvientes contratados por la India.

Venerada por sus cualidades medicinales, la cúrcuma también está muy arraigada en la cultura de Umeeda. Nacida en Uganda e hija de una mujer renacentista, Umeeda recuerda que su madre, Lella (también conocida como Mamajee), corría con coches, dirigía su propio Montessori y cocinaba un excelente curry. Huyeron del país desgarrado por la guerra en la década de 1970, y llegaron a Canadá con nada más que una maleta y recuerdos.

Mamajee se unió a su hija Umeeda, y finalmente a su nieta Nareena, en la cocina, compartiendo historias de su hogar y enseñándoles recetas tradicionales. También utilizó estas sesiones epicúreas para inculcar un fuerte sentido de la responsabilidad social, haciendo que Umeeda y Nareena se detuvieran a pensar cada vez que les preguntaba qué harían para hacer del mundo un lugar mejor.

Encontraron la respuesta durante la visita de Udeema a Belice en 2014, donde una combinación perfecta de historia, tradición y madre naturaleza dio a luz a una empresa social galardonada que ayudaría a los agricultores a obtener ingresos adicionales, emplear a los jóvenes, mejorar la salud y producir productos de forma sostenible.

Su proyecto empresarial, Naledo Belize, combina el nombre de Nareena con el de Toledo, el distrito de Belice de donde procede la cúrcuma. La empresa compra la cúrcuma directamente a los agricultores locales y la utiliza para fabricar Truly Turmeric, la primera pasta de cúrcuma de raíz entera elaborada de forma silvestre.

Es sólo cúrcuma, dirán ustedes. Pero no se equivoquen, la misión de Naledo, su producto final y el elemento social utilizado para producirlo son transformadores. La empresa ha sido preseleccionada para un premio a la innovación de productos SIAL París 2018, que reconoce a quienes ayudan a dar forma a lo que comemos hoy, y mañana.

Los premios se celebrarán en París durante la mayor feria de innovación alimentaria del mundo, del 21 al 25 de octubre de 2018.

Poner en marcha el negocio

Entonces, ¿qué se necesita para crear una empresa innovadora, socialmente consciente, sostenible y premiada?

Hubo algunas cosas que tuve que superar, la primera fue el miedo a mí mismo, compartió Umeeda. También estaba creando un nuevo producto. Nadie en el mundo había hecho esto antes, así que no había ningún ejemplo que pudiera seguir. Y lo hacía en un país extranjero.

Umeeda también recordó sus anteriores aventuras empresariales. Ser tu propio jefe es un reto, dijo. Y no estaba muy segura de estar dispuesta a hacerlo de nuevo. Pero se sintió alentada por los jóvenes aspirantes a empresarios de Belice, así como por el interés y la pasión de su hija por la empresa social.

La idea de un equipo de madre e hija me conquistó, dijo Umeeda. Ella tiene habilidades que yo no tengo, y yo tengo habilidades que ella no tiene. Así que se sentía como un buen equipo.

Umeeda tiene un historial empresarial muy variado que va desde la propiedad y la gestión de una enorme guardería infantil hasta la dirección de músicos y la construcción de un local de Rock n Roll.

La madre y la hija también tienen experiencia en desarrollo internacional. Nareena posee una gran experiencia en el sector de las organizaciones sin ánimo de lucro, donde trabajó como directora de recaudación de fondos; pero Naledo es su primera aventura empresarial, y admite que iniciar un negocio ha supuesto una enorme curva de aprendizaje.

Recuerdo ir a las reuniones con los distribuidores y anotar todos los acrónimos. Me dijeron que cuál era su precio de venta al público? Y yo iba al baño con mi teléfono para buscar en Google qué es el SRP, decía. Intentaba constantemente equilibrar el hecho de querer ser honesto y decir que no estoy seguro de lo que significa, con el hecho de parecer demasiado ingenuo y perder la capacidad de negociación.

Los desafíos también abundan en el ámbito personal. Tal y como cuenta Nareena, su relación no sobrevivió a los rigores de la actividad empresarial.

Tenía una pareja, un novio con el que vivía, y no le gustaba lo que hacía. Él pensó que yo era una estúpida por hacer esto, compartió. Recuerdo que cuando imprimí mis primeras tarjetas de visita, me dijo que no podías llamarte director de operaciones. Ahora mismo eres el director de operaciones de nada. Ya no estamos juntos.

Pero a pesar de los numerosos obstáculos a los que se enfrentaron, Nareena y Umeeda no perdieron de vista el premio. Se mantuvieron centrados en su misión y dedicados a cumplir el deseo de Mamajee de vivir con un propósito, contribuyendo positivamente a la vida de los demás.

Naledo comenzó a desarrollar el producto en 2015. Para darse a conocer, decidieron prescindir de la vía del mercado agrícola y optaron por lanzarse en una feria del sector celebrada en mayo de 2016 en Vancouver (Canadá), en la que estarían presentes compradores minoristas, distribuidores e intermediarios. Su montaje era básico, sólo 50 tarros etiquetados y unas cuantas muestras. Pero la respuesta fue abrumadora. Naledo llamó la atención de un distribuidor nacional que creyó en su modelo de empresa social y les ayudó a pasar de cero tiendas en 2016 a 600 en todo Canadá, de costa a costa. La empresa también exporta ahora a las Bahamas, ya ha cerrado un acuerdo para Estados Unidos y se está preparando para exportar a Europa.

No se puede negar que fabrican un producto estelar, pero el éxito de Naledo también se debe en gran parte a su forma de hacer negocios. El espíritu empresarial de los jóvenes, la agricultura regenerativa y la sostenibilidad son los fundamentos de la empresa.

El lado humano de nuestro éxito es lo que más me enorgullece, el impacto que la producción de este producto ha tenido en los cultivadores con los que nos asociamos, la gente que puede ahorrar para la educación de sus hijos, renovar sus casas, ir de viaje, dijo Nareena. Cada vez hay más gente, sobre todo jóvenes, que se sienten orgullosos de decir que cultivan cúrcuma, en lugar de ver la agricultura como algo que hacen los pobres.

Con la excelencia viene el reconocimiento

Naledo Belize puede añadir su nominación a un premio SIAL París a una creciente lista de reconocimientos mundiales que incluye un premio a la innovación del Gobierno de Belice, una de las 10 principales empresas alimentarias de Canadá a tener en cuenta en 2018 y un puesto en la temporada 13 del exitoso programa de televisión Dragon’s Den.

En SIAL, decenas de miles de interesados en la industria de la alimentación y las bebidas tendrán la oportunidad de probar la pasta Simply Turmeric de Naledo, que se expondrá en el stand de la Agencia de Desarrollo de las Exportaciones del Caribe (Caribbean Export). La agencia regional de promoción del comercio y la inversión apoya a las empresas del CARIFORUM en su desarrollo para la exportación y presentará 12 empresas regionales en la exposición. Caribbean Cure, una empresa de té con sede en Trinidad que formará parte de la exposición Caribbean Export, también está nominada a la SIAL.

El hecho de que dos empresas regionales hayan entrado en la lista de finalistas del SIAL es un gran logro, y en opinión de Umeeda es un mérito de Caribbean Export.

Tener una organización que cree que la región del Caribe tiene algo que ofrecer al mundo es muy importante. Lo que proporcionan en términos de acceso a los conocimientos y a la financiación me dejó boquiabierto, dijo Umeeda. No puedo enfatizar lo suficiente el apoyo que supone.

Naledo Belize espera lanzarse en Europa en 2019. Tanto Umeeda como Nareena destacaron que esto es posible gracias a Caribbean Export.

Un consejo para los aspirantes a empresarios

El viaje de Naledo desde Belice, hasta Canadá, el Caribe, América y pronto Europa, ha sido duro y ha estado lleno de noches sin dormir. Pero eso es sencillamente el espíritu empresarial, compartió Umeeda. Ella y Nareena reflexionaron sobre las innumerables noches que han pasado despiertas a las 3:00 de la madrugada, preocupadas, solucionando problemas y contemplando los próximos movimientos, las numerosas veces que la voz de la duda les empujó a abandonar. Pero cuando esas dudas afloran, la pareja encuentra su voluntad de seguir adelante en una cifra, 350, el número de cultivadores de Belice con los que se han asociado.

Pienso en no fallarles, en el increíble equipo de jóvenes con el que trabajamos en nuestra fábrica de procesamiento, en hacer que mi abuela se sienta orgullosa y en todas las demás personas de mi vida que me han dado valor y me han demostrado que hay que ser resistente ante la adversidad, dijo Nareena. Así que tal vez duerma un poco más en esas mañanas en las que no me metí en la cama hasta después de las 3:00 AM, y seguiré trabajando.

Nareena también imploró a sus compañeros empresarios, y a los que están en camino de emprender, que se rodeen de mentes afines. El marketing y las redes sociales se centran en la perfección, pero debajo de todo ello hay un inmenso trabajo, dedicación y abnegación. Compartir estas luchas con compañeros que las entienden es vital.

Te hace sentir validada, dijo. Te das cuenta de que no soy sólo yo. Estoy bien.

Y haz oídos sordos a los detractores que te aconseja.

Si su crítica es sobre tu producto o tu servicio, tal vez debas escucharla, porque en esa negatividad puede haber alguna posibilidad de mejora. Pero si son negativos con respecto a tu pasión, a lo que eres y a lo que crees, diles que se vayan.

PARA SABER MÁS SOBRE NALEDO BELICE: Facebook – Naledo Belice; Instagram – @ truly.turmeric; y visitando su página web www.naledo.com.

Cómo la tradición inspiró la innovación y una misión para curar el Caribe

For generations, Caribbean grandmothers have steeped and brewed indigenous herbs, roots and even bush, convinced of their ability to cure just about any ailment.  When two young entrepreneurs in the twin-island republic of Trinidad and Tobago decided to pay homage to this tradition, not even in their wildest dreams did they imagine that their earthy concoctions would be dubbed among the world’s most innovative foods.

Caribbean Cure, an award-winning tea company, draws from tradition to promote more naturally healthy lifestyles among those who sip their infusions.  The company is one of only two in the Region to be shortlisted for a SIAL Paris 2018 Product Innovation award, which recognises those who help shape what we eat today, and tomorrow.  They earned the selection for their indigenous ingredients, packaging, branding and the taste of their five infusions.

The awards will be held in Paris during the world’s largest food innovation exhibition, from October 21-25, 2018, and attended by tens of thousands of food and beverage industry stakeholders.  It’s an amazing opportunity for Sophia Stone and Stacy Seeterram, the owners of Caribbean Cure.  The company will receive immeasurable exposure from the shortlisting alone.

But getting to this point has not been without sacrifice and the determination to persevere despite numerous obstacles.  After all, the mark of success is not the absence of failures, but choosing to press on in spite of them, relentlessly seeking ways to make the dream a reality.

BREWING A VISION TO CURE THE CARIBBEAN

Passionate about using nature to promote health and wellness, Stone founded the company in 2015.

“I wanted to honour our long history in the Caribbean of using herbs and bush teas,” she said.  “And backed by science, my goal was to make these healing remedies more efficacious, convenient and attractive to today’s consumer.”

What began as a small experiment quickly became an obsession.  Consumed with ideas by the million, Stone was constantly in conversations with herself about how she could execute them, and also bombarded with reasons why they wouldn’t work.  But in spite of how impossible her dreams seemed, she could not shake them, and after months of agonising over the decision, she resigned her 9 to 5 for the full-time pursuit of her dream.

Success was not forthcoming with her initial line of eight supplements, and after depleting her savings, Stone was faced with two very clear choices, pack it all in and quit “dreaming”; or, find another way to make the dream work.  Like any true entrepreneur, she chose the latter.

It was a choice made entirely on her own belief in her dream, because, as Sophia recalled, everyone, including family and close friends, with whom she shared an idea of making tea blends with the ingredients used in the supplements, thought it was a bad idea.  They encouraged her to either try to make the supplements work, or close shop and find a “real” job.

WHEN THE GOING GETS TOUGH, THE TOUGH GET GOING

“I decided in that moment that I needed a partner who could help me and who would share my passion and vision for the company,” Stone said.  I didn’t want an investor.  I wanted a partner who would bring value and strength where I needed it most.”

She turned to the sole friend who embraced the vision.  A tea enthusiast in her own right, Seeterram had already invested hours listening to Stone share about the ups and downs of her journey and had become somewhat of a confidant.

“She was always very encouraging,” Stone said.  “She has her own herb garden and would always experiment with me on weekends in the kitchen with the latest healing herb she managed to harvest.  I knew Stacy would be the ideal partner…I knew in my heart that she was exactly who I wanted to continue the journey with,” Stone shared.

She credits the partnership for the success Caribbean Cure has garnered over the past year.

Seeterram, a former health management executive with over six years’ experience at the national level,  joined the company in March 2017, and the mutual respect and admiration she shares for Stone is evident in the way she speaks about the partner she refers to simply as “Soph”.

“I am now, and always have been awed by who she is.  Her work ethic impresses me at least once every week,” Seeterram said.  “She is also very innovative and purposeful in her mission that our company is so much more than an entity that will generate revenue.”

Contemplating these things, Seeterram said she felt a purposeful paradigm shift, one that could offer an opportunity for her to be a part of something less corporate, more interesting, more rewarding, and more impactful.

“It’s the feeling that comes from creating something from point A to Z,” she said.  “And I felt like that was exactly what I needed.”

WHAT’S SO SPECIAL ABOUT CARIBBEAN CURE TEAS

In mere months, Seeterram and Stone created five tea blends, and won the approval of family and friends who indulged in their curative, feel-good concoctions, but Caribbean Cure’s official recognition as producers of world class teas was cemented when they won bronze medals at the internationally recognised Global Tea Championships, hosted by the World Tea Expo in Colorado, for their Tropical Relaxation blend in November, 2017, and again for Island Breeze in January, 2018.

The SIAL shortlisting is their most recent, and biggest nod from the international community.

The secret is in the process, said Seeterram.  The tea leaves are slow-dried to maximise nutrient content.  Each blend is also a delicate balance, formulated to “create a memorable and unique experience in every cup,” she said.

There is also a little bit of history brewed in each cup of Caribbean Cure tea.  Island Breeze, a delicate blend that includes cardamom pods and white tea, is a tribute to Stone’s Afghan/Canadian heritage, and borrows from one of her family recipes; while Carnival Oasis with its inclusion of mauby bark, cinnamon and clove, transports Stacy – a Trinidadian, with roots woven throughout the West Indies – back to her childhood as it conjures  memories of her grandmother’s “magical” blends.

“We try not to worry about being successful,” Seeterram shared.  “What we do is work toward being significant.  And from this, success seems to have naturally followed us.”

RELEASING EMOTIONAL ATTACHMENT IN ORDER TO GROW

For any entrepreneur, a key success factor rests in the ability to maintain some emotional detachment from the business and product in order to make the difficult decisions necessary for brand development.  Stone and Seeterram discussed this from the get go.  If ever necessary, they would, no matter how difficult, have the courage to make the changes that would support growth.

Glass jars beautifully showcased the tea infusions they dedicated years to formulating.  This packaging was therefore foundational to Caribbean Cure’s conceptualisation.  But when opportunity knocked, with a chance to export to Canada and Japan, these jars, because of their weight, became impractical.  The partners therefore had to pivot to grasp the pending export opportunities.

In July 2018, Caribbean Cure, unveiled their new packaging, beautiful tea tins, adorned with designs created by a local artist.

EXCITING TIMES FOR CARIBBEAN WOMEN IN BUSINESS

“I am sure that someone could write an entire book on the struggles female entrepreneurs face…I think for me, the mental load of being a mother, and a dedicated entrepreneur is the biggest struggle I face,” Stone shared.  “Trying to balance my home and business life is a difficult task, and I think society tends to expect female entrepreneurs to do it all, successfully!”

The pair admit to experiencing both chauvinism and ageism, particularly when trying to pitch business ideas and close deals in male dominated settings.  But they remain focused on the silver lining in the ever looming cloud of gender inequality.

On the flip side, Seeterram said, “I must confess; we’ve gotten so many blessings because of our gender.  A good example is Caribbean Export’s WE-XPORT programme.  One of the reasons we qualified is because we are 100 percent female-owned.”

The Caribbean Export Development Agency (Caribbean Export), a Regional trade and investment promotion agency supporting CARIFORUM firms with development for export, launched its Women Empowered Through Export (WE-XPORT) programme in March, 2018.  The European Union, fund the programme and is supported by UN-Women and the Caribbean Development Bank, providing mentoring, training and numerous resources to Caribbean women in business to facilitate export or increase the export of their products and services.

Twenty businesses, all women-owned and operated, comprise the first cohort enrolled in the programme and are due to complete next year after a Women’s Business to Business Forum.

“They have supported us in our vision and given us many opportunities internationally to expose our brand that we may not have otherwise had,” Stone said of Caribbean Export and WE-XPORT.  They’ve have been absolutely invaluable resources, but they also encourage stick-to-itiveness, she shared.  “Caribbean Export, for example, is like a buoy in deep water, there for you when you’ve been swimming too long and hard, and you need a break.”

WORD OF ADVICE FOR BUDDING ENTREPRENEURS

As they reflect on a journey that has not been without immense challenges, Stone and Seeterram share some seeds of inspiration with fellow, and aspiring entrepreneurs.

“Do not fear mistakes,” Stone advised.  “Regrets are far more difficult to deal with than mistakes.  You walk away from a mistake having learned something, but a regret is a missed opportunity. Even if it seems beyond your reach, try. You will amaze yourself with what you are capable of.”

Finally, the partners stress that slow and steady wins the race.  Developing a business is a marathon.  So it’s not about speed.  It’s all about endurance.

“There will be lots of tears,” Seeterram said.  “But the moments of pride when it all comes together are priceless.” 

FIND OUT MORE ABOUT CARIBBEAN CURE: Facebook, Instagram, Twitter and LinkedIn – @caribbeancure and by visiting their website www.caribbean-cure.com.Â