{"id":384915,"date":"2026-06-05T16:05:40","date_gmt":"2026-06-05T20:05:40","guid":{"rendered":"https:\/\/content.carib-export.com\/?post_type=news&#038;p=384915"},"modified":"2026-06-05T16:06:08","modified_gmt":"2026-06-05T20:06:08","slug":"caribbean-businesses-encouraged-to-harness-open-innovation-through-the-eu-lac-digital-accelerator","status":"publish","type":"news","link":"https:\/\/content.carib-export.com\/nl\/news\/caribbean-businesses-encouraged-to-harness-open-innovation-through-the-eu-lac-digital-accelerator\/","title":{"rendered":"Caribbean\u00a0Businesses Encouraged to Harness Open Innovation Through the EU-LAC Digital Accelerator\u00a0"},"content":{"rendered":"\n<p>Caribbean entrepreneurs, startups, and established businesses were encouraged to embrace open innovation and international collaboration as the&nbsp;<strong>EU-LAC Digital Accelerator<\/strong>&nbsp;hosted its&nbsp;<strong>Digital Connectors Barbados<\/strong>&nbsp;event under the theme&nbsp;<strong>\u201cUncracking Open Innovation in Barbados: Meet the EU-LAC Digital Accelerator\u201d<\/strong>&nbsp;at Hotel Indigo, in Barbados. The event brought together&nbsp;founders, corporate leaders, ecosystem stakeholders, and policymakers to explore how corporate-startup partnerships can accelerate digital transformation and business growth across Barbados and the wider Caribbean.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>With the support of the European Union,&nbsp;Caribbean Export Development Agency,&nbsp;in partnership&nbsp;with fellow&nbsp;EU-LAC Digital Accelerator implementing partners&nbsp;TECNALIA, Octantis and European Business Network,&nbsp;hosted the&nbsp;event&nbsp;in Barbados. The event highlighted opportunities&nbsp;for&nbsp;Caribbean companies to connect with businesses&nbsp;across&nbsp;Europe and Latin America&nbsp;to&nbsp;co-create innovative solutions, and access acceleration services&nbsp;that support the development and market adoption of&nbsp;new technologies&nbsp;and business models.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Opening the event,&nbsp;<strong>Leo Naut, Deputy Executive Director of&nbsp;Caribbean&nbsp;Export Development Agency<\/strong>, highlighted the&nbsp;programme&#8217;s&nbsp;transformative impact on private sector development across the region.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><em>\u201cThis&nbsp;programme&nbsp;is creating private sector development in a whole new way.&nbsp;It\u2019s&nbsp;creating a pathway towards making our startups connect with international opportunities,\u201d said Naut. \u201cFor us, it\u2019s a 360-degree view on private sector development and really creating an opportunity in terms of digital transformation because it\u2019s about co-creating solutions that typically are not readily available and could really move the needle in terms of productivity and technology use in businesses across the region.\u201d<\/em>&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Naut noted that the Accelerator is already generating tangible results in the Caribbean, with nine partnerships either accelerated or currently undergoing acceleration across Barbados, Jamaica, Trinidad and Tobago, and the Dominican Republic.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><em>\u201cOur startups get to connect with potential clients internationally, while our corporates get to engage with solution providers and innovations that are not readily available in the region. It is truly a win-win situation,\u201d<\/em>&nbsp;he added.&nbsp;&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Representing the European Union Delegation to Barbados, the Eastern Caribbean States, OECS and CARICOM\/CARIFORUM,&nbsp;<strong>Chiara Tardivo, Team Leader<\/strong>, underscored the strategic importance of partnerships in driving innovation and sustainable development&nbsp;and how this initiative is central to the EU-LAC Digital Alliance that the European Union&nbsp;supports as part of its Global Gateway Investment Agenda.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><em>\u201cThrough the Digital Accelerator we can see how new partnerships have been built between Caribbean startups and European corporates. We are&nbsp;very happy&nbsp;because we know the great entrepreneurial potential that exists in the Caribbean, and we are pleased that Europe can&nbsp;benefit&nbsp;from it through this&nbsp;programme,\u201d&nbsp;<\/em>said&nbsp;Tardivo.&nbsp;&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>She further emphasized the European Union\u2019s commitment to people-centred&nbsp;digital transformation through its Global Gateway strategy.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><em>\u201cThe focus is on Caribbean startups and SMEs and how to help them engage more directly with partners in Europe and Latin America. We believe that Caribbean entrepreneurs and innovators can play&nbsp;a great role&nbsp;as leaders in the global digital economy and in defining its direction.\u201d&nbsp;<\/em>&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>During the workshop, participants learned about the EU-LAC Digital Accelerator\u2019s model for&nbsp;identifying&nbsp;corporate innovation challenges and matching them with startups capable of developing innovative solutions. The&nbsp;programme&nbsp;then provides tailored acceleration services including proof-of-concept development, business modelling, market expansion support, investment readiness services, and grant funding.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Maika&nbsp;Gorostidi, Co-Director of the EU-LAC Digital Accelerator<\/strong>, explained that the&nbsp;programme\u2019s&nbsp;core mission is to create new digital business opportunities across Europe, Latin&nbsp;America&nbsp;and the Caribbean.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><em>\u201cThe main value of the accelerator is the capability we have to connect&nbsp;organisations&nbsp;from Europe, Latin America and the Caribbean and support these partnerships so that they are ready to scale their businesses and technological solutions,\u201d&nbsp;<\/em>said&nbsp;Gorostidi.&nbsp;&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>She noted that since its launch in 2023, the Accelerator has&nbsp;identified&nbsp;more than 523 innovation challenges and&nbsp;facilitated&nbsp;over 100 collaboration agreements between startups and corporates.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><em>\u201cThese challenges are the seeds of new business opportunities. What we do is&nbsp;identify&nbsp;challenges from corporates and match them with startups that can provide solutions. Once they find a common goal, we support them with acceleration services and funding opportunities that can help them grow and scale.\u201d&nbsp;<\/em>&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Gorostidi also highlighted that participating startups can access grants of up to&nbsp;<strong>\u20ac10,500<\/strong>, including support for proof-of-concept development and implementation in real-world environments.&nbsp;&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The event featured presentations on best practices for designing innovation challenges, developing successful corporate-startup collaborations, and&nbsp;leveraging&nbsp;international partnerships for growth. Startup clinics were also&nbsp;scheduled&nbsp;to provide Barbadian entrepreneurs with direct guidance on how to engage with the Accelerator and develop competitive proposals.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Naut encouraged local entrepreneurs and businesses to join the growing innovation community.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><em>\u201cIf&nbsp;you&#8217;re&nbsp;a startup, this is a pathway to creating new clients, becoming&nbsp;international&nbsp;and&nbsp;validating&nbsp;your product ideas. We want to help Caribbean innovators turn their ideas into commercial opportunities and lasting partnerships.\u201d&nbsp;<\/em>&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The Digital Connectors Barbados event forms part of a broader series of activities aimed at strengthening innovation ecosystems throughout the Caribbean and increasing participation in the EU-LAC Digital Accelerator.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" 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The event brought together&nbsp;founders, corporate leaders, ecosystem stakeholders, and policymakers to explore how corporate-startup partnerships can accelerate [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":384926,"menu_order":0,"template":"","tags":[],"class_list":["post-384915","news","type-news","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Caribbean\u00a0Businesses Encouraged to Harness Open Innovation Through the EU-LAC Digital Accelerator\u00a0 - Caribische Export<\/title>\n<meta name=\"description\" content=\"Caribbean entrepreneurs, startups, and established businesses were encouraged to embrace open innovation and international collaboration as the\u00a0EU-LAC Digital Accelerator\u00a0hosted its\u00a0Digital Connectors Barbados\u00a0event under the theme\u00a0\u201cUncracking Open Innovation in Barbados: Meet the EU-LAC Digital Accelerator\u201d\u00a0at Hotel Indigo, in Barbados. The event brought together\u00a0founders, corporate leaders, ecosystem stakeholders, and policymakers to explore how corporate-startup partnerships can accelerate digital transformation and business growth across Barbados and the wider Caribbean.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/content.carib-export.com\/nl\/news\/caribbean-businesses-encouraged-to-harness-open-innovation-through-the-eu-lac-digital-accelerator\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caribbean\u00a0Businesses Encouraged to Harness Open Innovation Through the EU-LAC Digital Accelerator\u00a0 - Caribische Export\" \/>\n<meta property=\"og:description\" content=\"Caribbean entrepreneurs, startups, and established businesses were encouraged to embrace open innovation and international collaboration as the\u00a0EU-LAC Digital Accelerator\u00a0hosted its\u00a0Digital Connectors Barbados\u00a0event under the theme\u00a0\u201cUncracking Open Innovation in Barbados: Meet the EU-LAC Digital Accelerator\u201d\u00a0at Hotel Indigo, in Barbados. 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