1. CICMC Management Consulting Business Symposium Innovative Demand Side Strategies Develop and Implement a Strategy for the Sustainability of CICMC Basil Springer www.bimventures.com St. Kitts Marriott Resort 30 June 2010

2. MANAGEMENT CONSULTING SUPPLY SIDE (Services) Individual Small Company Large Company Local Consortium Local / Overseas Consortium

3. Business Development Needs Demand Side (Target Market) Intra-Caribbean Individuals SMEs (Start ups and Emerging Enterprises) Large Enterprises Government Ministries Government Owned Companies Statutory Corporations NGOs Associations Funding Agencies

4. Business Development Needs Demand Side (Target Market) Extra-Caribbean Open Market (Private and Public Sectors) Beneficiary Countries of Caribbean Aid

5. Innovative Strategies to Enhance the Demand for Management Consultants Opportunities for the Sustainability of CICMC 1CBET Shepherding Model™ 2Reverse Donor Country Model

6. Develop and Implement a Strategy for the Sustainability of CICMC 1 CBET Shepherding Model™

7. Visited Boston 23 years AGO (1986) In Search of Venture Capital Knowledge Little Private Sector Interest in Barbados at that time Visited Boston 23 years AGO (1986) In Search of Venture Capital Knowledge Little Private Sector Interest in Barbados at that time www.bimventures.com

8. Caribbean Development Bank Consultancy (1988 – 2001) www.bimventures.com Innovative Ways Of Diversifying The Economies In The Caribbean With Focus On Services Exports 12 Years After Boston……. Services

9. The reality: Sunset Industries – the decline of sugar cane & bananas Our challenge: Replace with Sunrise Industries. To diversify the economies of the Caribbean, we need one successful business after another, growing & expanding beyond our borders www.bimventures.com Setting Rising

10. 2001 Caribbean Business Enterprise Initiative (CBEI) emerged with advice from Dr. Grenville Phillips, Corporate & Finance Consultant www.bimventures.com Caribbean Business Enterprise Trust Inc. (CBET) Legally Domiciled In St. Lucia

11. 2001 Baton Passed from CDB to the Private Sector for Implementation by CBET www:cbetmodel.org www.bimventures.com

12. A Caribbean Catalyst Turning Concepts into Commercial Realities www.bimventures.com 2001 CBET Inc. – Became Operational

13. 2001 www.bimventures.com CBET emerged as a Regional Private Sector Led Trust Supported by 3 Central Banks 5 Commercial Banks St. Lucia Office of Private Sector Relations (OPSR)

14. 2001 -2006 Financially Self-sufficient High Impact Growth Strategy Workshops to Generate New Ideas Through Brainstorming (HIGS) Strategic Visioning Retreats (SVR’s) Business Plan Preparation (BPLANS) www.bimventures.com

15. 2001-2006 Business Plans Developed 2001-2006 Business Plans Developed www.bimventures.com  Over 20 Potentially Viable Global Market Oriented Businesses  Many Sectors  3 Main Smart Partners

16. www.bimventures.com

18. uintessential uality uick Queen Elizabeth Hospital

19. Business Plans Developed in Many Sectors www.bimventures.com 2001-2006 Board Game Consulting I T C Renewable Energy Health Creative Arts Sport Communications Film Education Agro-Industry

20. 2001-2006 Business Plans Developed with assistance of 3 SMART PARTNERS 2001-2006 Business Plans Developed with assistance of 3 SMART PARTNERS www.bimventures.com ATLANTABARBADOS Horticultural Business Solutions Inc. BARBADOS 4P GroupInvestment & Financial Services Inc.

21. www.bimventures.com Road Block!

22. No Readily available Investment Finance for Start-up Enterprises www.bimventures.com We do not fund start-ups!

23. Frustrated Entrepreneurs www.bimventures.com The First Disaster........

24. Potentially good ideas never see the light of day. www.bimventures.com Another Disaster........

25. Stymied Economic Growth www.bimventures.com Another Disaster........

26. Road Block Removal Process www.bimventures.com Back to the Drawing Board...... 2007

27. The Solution The CBET Shepherding Model TM Advent........ www.bimventures.com 2007

28. High failure rate of Start-up Enterprises (80-90% in first 2 years) www.bimventures.com Issue : Shepherding (High success rate – 80%) Solution :

29. Sources of Business Ideas with the DNA of an elephant www.bimventures.com Issue : Sunrise Industries Solution :  Business Development Services  Creative Industries (e.g. Film, Music, Fashion, Art)  Education  ITC  Renewable Energy  Health & Wellness  Construction

30. Timely access to Appropriate Finance www.bimventures.com Issue : Seed & Venture Capital Funding Solution :

31. The CBET Shepherding* Model ™ Entrepreneur Business Management Shepherding Seed and Venture Capital Funding A Chain is only as strong as its weakest link CBET partners with the Entrepreneur on a Journey From Idea Sustainable Business Success BBEC Partnership *Mentoring – Counseling – Hand Holding – Facilitation – Coordination – Marketing – Financing – Productivity Enhancement 2007

32. “Shepherding as Collateral” Shepherding protects against the Risk of Business Failure and hence secures the Seed & Venture Capital Investment www.bimventures.com

33. 2008 BBEC - A Smart Partnership CBET Inc. Barbados Government Barbados Private Sector Foreign Direct Investment www.bimventures.com

34. Capitalisation of Seed Capital Revolving and Growth Fund Government Permanent Subscribed Capital Economic Benefits Include: Employment Forex Earnings/Savings Energy Security Food Security Management BBEC Shepherding Services Protection against Risk of Failure BB$ 500,000 per year for 3 years 2008/09 2009/10 2010/11 Legal Entity Barbados Seed Capital Fund (Trust)

35. Capitalisation of Venture Capital Fund OFFERING MEMORANDUM Investment in Bond Issue backed by a Government Guarantee Investor Benefits Government Guarantee Exit Strategy - ROI Enterprise Development Economic Growth Barbados Entrepreneurs’ Venture Capital Fund (Limited Partnership) BVECF – General Partner Expected Private Sector and FDI Investment BB$ 8.75 million By 2011 Confirmed Government Investment BB$ 1.25 million in 2010 Shepherding Services Protection against Risk of Failure Management BBEC

36. Barbados Implementation Seed Capital CBET Inc. Barbados Government Seed Capital Partnership Rolled out November 15, 2008 www.bimventures.com 2008

37. CBET Inc. Barbados Government Private Sector Venture Capital Partnership Rolled out August 2009 (with Government as First Investor) www.bimventures.com Barbados Implementation Venture Capital 2008

38. 2010 Pilot Phase Eight Business Enterprises (1) Caribbean Streaming Network Eezee Kricket The Innoventive Group Movementunes.com

39. Pilot Phase Six Business Enterprises (2) Manipura Inc. Went Caribbean Inc. 2010 studiocaribe.tv Caribbean Tales Worldwide Distribution Inc.

40. 2010 These first 8 companies are conservatively projected to generate an average revenue BB$1.0 mn per year per business over the first five years www.bimventures.com

41. 2010 More than 20 Prospective Bimventure Entrepreneurs in the Pipeline www.bimventures.com

42. Process for Prospective Entrepreneurs Submit EOI Form to Bimventures www.bimventures.com

43. Process for Prospective Shepherds Submit Résumé Register with Bimventures BBEC www.bimventures.com

44. Bimventures will soon be inviting Sophisticated Investors (BB$100K – BB$1mn) to Invest in The Barbados Entrepreneurs’ Venture Capital Fund

45. Process for Prospective Investors Request the Venture CapitaI Fund Offering Memorandum www.bimventures.com

46. How do we stimulate Economic Growth? One Successful Enterprise after Another Bimventures is a Pilot www.bimventures.com Franchise CBET Shepherding Model™ throughout the World Develop and Implement a Strategy for the Sustainability of CICMC

47. Develop and Implement a Strategy for the Sustainability of CICMC Opportunties may abound for Management Consultants as the CBET Shepherding Model™ the Global Market Place

48. Develop and Implement a Strategy for the Sustainability of CICMC 2Reverse Donor Country Model

49. Barbados as a Donor Country Basil Springer Column 28 August 2007 “An Innovative Opportunity” www.cbetmodel.org (Click on “Weekly Columns”)

50. CBET Inc. Thanks You