The Amber UTech Launchpad has announced the advancement of 26 promising entrepreneurs to the pitching stage of its startup incubator.
This marks a progression in the “100 startups in 1000 days” vision by Amber Group, in collaboration with University of Technology, Jamaica.
Launched on March 6, 2024, the Amber UTech Launchpad provides an unparalleled incubator programme offering comprehensive support. This includes end-to-end funding for product development, office space, business coaching, and marketing support for the selected finalists.
The selected entrepreneurs are set to participate in an intensive bootcamp, a nurturing ground for refining their business strategies and pitches. The culmination of this stage will be a presentation before a distinguished panel of judges and a public vote, adding a dynamic interactive component to the competition.
The names of the 26 successful applicants will be announced on the Amber website and social media platforms.
Dushyant Savadia, CEO of Amber Group, shared his enthusiasm: “The large volume of high-quality applications underscored the rich entrepreneurial spirit in Jamaica. Our rigorous selection process focused on creativity, sustainability, innovation, and scalability across various sectors—from tech innovations in law, health, transport and advancements in gaming and tourism to name a few.”
Savadia said the selection process proved to be exceptionally challenging, highlighting the high caliber of applicants and the vibrant entrepreneurial spirit within the community.
“Despite the difficult decisions, it is important to note that those not selected for this phase are not being dismissed due to the quality of their ideas but due to the limited capacity of each cohort. We strongly encourage those not selected to reapply for the next phase, as continuing opportunities will be available.”
