The Cluster Linked Incubator Model for Business (CLIMB) is a new initiative proposed by the Office for Private Sector Relations (OPSR) for implementation under the SFA 2002 funding cycle. This Programme seeks to create and sustain small business incubators to help Saint Lucia businesses adapt to the challenges of a CARICOM Single Market economy. Based on a formal review of the best practices in incubators, a methodology was developed for the Saint Lucian environment. In this model a much more extensive program of business training is recommended to compensate for the relative inexperience of small business entrepreneurs. |