logging in or signing up UWI2004 Stella Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: Embed: Flash iPad Copy Does not support media & animations WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 114 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: January 19, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Venture Capital in the CaribbeanCurrent Status, Future Prospects: Venture Capital in the Caribbean Current Status, Future Prospects Jelle Sjoerdsma 27 April 2004 University of the West Indies International Conference on Business, Banking and FinanceAgenda: Agenda Venture Capital in the Caribbean Current Status Global Perspective historical growth trends VC industry sizes Future Prospects Caribbean economies VC potentialCaribbean VC Status: Caribbean VC Status 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 itselfPuerto Rico Investment (M$): Puerto Rico Investment (M$) source: Puerto Rico Venture Forum 1,000VC in the Caribbean: VC in the CaribbeanStatus is Mostly Immature: Status is Mostly Immature 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 Global Perspective: Global Perspective VC trends in other countries historical growth economic contributions to GDP UK Investment: UK Investment source: British Venture Capital AssociationUK Investment / GDP: UK Investment / GDPUSA Investment: USA Investment source: National Venture Capital Association 106,000USA Investment / GDP: USA Investment / GDP 1.06 %2002 VC Investment / GDP (%): 2002 VC Investment / GDP (%) source: 3i, EVCA, PricewaterhouseCoopersCaribbean Prospects: Caribbean Prospects Top-down review of economies VC Potential countries investment sizes ConclusionsCaribbean 2002 Economies: Caribbean 2002 EconomiesPopulation (million): Caymans 0.0 Population (million) Cuba 11.3 Jamaica 2.6 Dom Rep 8.6 Haiti 8.3 Puerto Rico 3.9 Barbados 0.3 Trinidad 1.3 Bahamas 0.3 Guadeloupe 0.4GDP (US$ billion): GDP (US$ billion) Trinidad 9.4 Barbados 2.6 Puerto Rico 67.9 Cuba 13.2 Bahamas 5.1 Jamaica 8.4 Caymans 1.8 Dom Rep 21.3 Guadeloupe 4.5GDP per capita (US$ 000): GDP per capita (US$ 000) Caymans 43.3 Jamaica 3.2 Cuba 1.2 Bahamas 16.2 Turks 10.3 Dom Rep 2.5 Puerto Rico 17.6 Trinidad 7.3 Barbados 9.6 Guadeloupe 10.3 Antigua 9.4VC Potential: VC Potential country GDP pop /cap Trinidad 9.4 1.3 7.3 Puerto Rico 67.9 3.9 17.6 Barbados 2.6 0.3 9.6 Bahamas 5.1 0.3 16.2 Jamaica 8.4 2.6 3.2 Martinique Guadeloupe 4.6 0.4 10.3 cutoff limits > 1.0 1.0 5.0 > 1.0 0.2 5.0 > 1.0 0.2 3.0 Annual Investment Potential: Annual Investment Potential Assume annual investment at 0.1 % of GDPConclusions: Conclusions 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 achievableQ & A: Q & A www.dynamic-equity.com You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.