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- Jelle Sjoerdsma
- 27 April 2004
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- Venture Capital in the Caribbean
- Current Status
- Global Perspective
- historical growth trends
- VC industry sizes
- Future Prospects
- Caribbean economies
- VC potential
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- 1492: Columbus “discovered” the West Indies after receiving VC
- early 1990’s: several local initiatives in some countries
- mixed results: failures, mergers, survivors
- Puerto Rico is in class by itself
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- source: Puerto Rico Venture Forum
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- Puerto Rico is a maturing market, with strong influence from USA
- Rest of Caribbean is
- led and managed locally
- only a few active firms per country
- small in scale
- making slow progress
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- VC trends in other countries
- historical growth
- economic contributions to GDP
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- source: British Venture Capital Association
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- source: National Venture Capital Association
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- Top-down review of economies
- VC Potential
- countries
- investment sizes
- Conclusions
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- Only a few Caribbean countries can sustain a local VC industry
- VC activities, outside Puerto Rico, are small
- Scope for new initiatives is limited
- Experiences from other countries indicate that modest growth and
long-term sustainability is achievable
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Notes