Excerpt from Looptt
While 2020 was a dismal year for business, several Caribbean companies managed to not only survive but thrive in a socially distanced world. Industries range from food to finance, data to delivery, but they all have one thing in common — a technology-based foundation.
“The pandemic played into the hands of many tech companies as people transitioned to work from home, so the demand for digital tools and services skyrocketed. This saw double and triple-digit growth for companies within the sector. While traditional businesses that already leveraged technology were well-positioned to grow,” says Kyle Maloney, co-founder of TBR Lab, a Caribbean-based accelerator programme designed to connect regional startups, corporations and government agencies with global resources.
Maloney and his partner, Kirk-Anthony Hamilton, have made it their mission to expand the region’s technology landscape. Through Tech Beach Retreat, a platform built to connect the Caribbean with leading global technology companies, they have sought to provide startups with exclusive access to resources and mentorship from global tech executives.
To that end, various Tech Beach alums were perfectly poised for success when the world shifted to a primarily virtual existence, including these five Caribbean startups that successfully leveraged technology to make significant gains amidst a global pandemic:
Island Innovation is a social enterprise and digital media company at the intersection of sustainable development and communications, offering specialised services across various sectors. We bring together the private sector, government, utilities, NGOs and universities to advance innovation for sustainability and prosperity in islands worldwide.
