Most Read Contributor in Cayman Islands, September 2016
Small-business owners who are interested in receiving free
consultations from UCCI business students are invited to apply to
the Student Consulting Programme, a joint initiative between UCCI
and the Department of Commerce and Investment (DCI).
The deadline to apply is Friday, 9 January. Cayman National Bank
is sponsoring the programme, in order to cover expenses incurred by
the students as part of their consultancy.
The 10-week programme matches each successful applicant with a
team of students who are enrolled in the University College of the
Cayman Islands' upper-level Entrepreneurship and Small Business
Management course. The teams will be guided in their consultancy by
'This is a great opportunity for our business community to
interact with our students, in order to give our youth hands-on
experience to deal with issues faced by entrepreneurs', said
DCI Director Ryan Rajkumarsingh. 'I see this as a win-win for
both entrepreneurs and students'.
DCI Business Services Officer Thais Ducent said the initiative
gives students opportunities to apply their knowledge to solve
'The small businesses that have participated in the past
also benefited from free and confidential access to DCI advisers
and UCCI faculty', she noted.
Business owners who best demonstrate a core need in a specific
area – for example, marketing, accounts, business management,
etc. – will be those selected to participate. This will allow
programme facilitators to better match the businesses with students
in particular fields of study.
The selection criteria are:
the owner's business must be established, not a start-up;
although non-profits are considered, for-profits are given
the business must have a problem area that, when resolved, will
result in an improvement to the business;
the business owner must have a sincere interest in solving
problems and improving business operations; and
the owner / manager must express a willingness to spend the
necessary time and effort with the student team.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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