The Barbados Youth Business trust

What The Barbados Youth Business trust does

The Barbados Youth Business Trust (BYBT), operating as "Build Your Business Together," is a registered charity (#271) headquartered in St. Michael, Barbados, founded in 1993 as a private sector initiative in partnership with the voluntary sector. The organization supports entrepreneurs in Barbados through a portfolio of programs including the Sustainable Business Lab (SBL), Launch Your Business, the Waste Management Program, and the Social Enterprise Incubator, complemented by paid managed business services (HR, Accounting, Administrative) and networking events. Core deliverables to entrepreneurs include start-up capital, business mentoring, networking opportunities, advisory services, and marketing support, serving both young Barbadian entrepreneurs and a broader inclusive platform of entrepreneurs across all stages from idea to success.

BYBT's business model blends free programs with paid ancillary services, though pricing is not publicly disclosed and revenue figures are unavailable. The organization markets itself through a multi-channel approach including its website (bybt.bb), Facebook, Instagram (@bybt.bdos), and LinkedIn, supplemented by in-person events. The customer base consists of individual entrepreneurs and small startups in Barbados, with testimonial evidence from AI Online Inc. (founder Andre Ifill) and Elaine's Caribbean Crochet (founder Nikisha Toppin). No technology stack, API, or proprietary platform is described; service delivery appears to be human-mediated through mentors, experts, and structured program cohorts. The organization has no disclosed funding rounds, parent company, subsidiaries, or management team details, and operates as a stable, domestically focused nonprofit with 30 years of continuous operation.

Name

The Barbados Youth Business trust

Legal name

Barbados Youth Business Trust

Website

https://youthbusiness.bb

Company type

Private

Founded year

1993

Operating status

Operating

Short description

BYBT is a Barbados-based registered charity founded in 1993 that supports entrepreneurs through start-up capital, mentoring, networking, advisory, and marketing programs, plus paid HR, Accounting, and Administrative services, serving young Barbadian founders and inclusive entrepreneurship cohorts.

Ownership category

akta.pro rank

Product category

Youth Entrepreneurship Development

NAICS

Professional and Management Development Training (611430)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Youth Business Incubators & Accelerators (EDAMAHAC)

akta.pro secondary industries

Entrepreneurship Foundations & Startup Basics (EDAMAHAA), Leadership, Management & Teamwork for Business (EDAMAHAI), Business Planning, Pitching & Competitions (Pitch Decks, Demo Days) (EDAMAHAB), Entrepreneurship & Small Business Workforce Programs (EDAAAOAM)

Keywords

• Entrepreneurship programs
• Business incubation
• Youth entrepreneurship
• Small business mentoring
• Social enterprise support

Headquarters

HQ city

St. Michael

HQ country

Barbados

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Distribution channels1 record

Marketing channels5 records

Core offering

BYBT delivers entrepreneurship development programs and managed business services to aspiring and existing entrepreneurs in Barbados. Its core offerings include incubation and training programs (Sustainable Business Lab, Launch Your Business, Waste Management Program, Social Enterprise Incubator) and paid business services covering HR, accounting, and administrative support for participating entrepreneurs.

Product overview

The Barbados Youth Business Trust (BYBT) operates as a unified platform offering multiple interconnected programs and services for entrepreneurs in Barbados. The core offerings include the Sustainable Business Lab (SBL) for sustainable innovation, the Launch Your Business program for new venture creation, a Waste Management program for environmental entrepreneurship, and a Social Enterprise Incubator for social ventures. These programs are complemented by paid business services (HR, Accounting, Administrative) and networking events. The organization celebrates 30 years of supporting entrepreneurs since its founding.

Differentiator

Problem solved

Functional benefit

Brands

• Sustainable Business Lab (SBL): A program focused on sustainable business innovation where innovation meets responsibility

Products and services

• Sustainable Business Lab (SBL) An entrepreneurship development program from BYBT that supports entrepreneurs in building sustainable businesses in Barbados. Targeted at participants of BYBT's entrepreneurship pipeline.
• Launch Your Business
• Waste Management Program
• Social Enterprise Incubator
• Paid Business Services (HR, Accounting, Administrative)
• Events

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Voluntary SectorcoreStrategic or Co-development PartnerBYBT's entrepreneurship programme is a private sector initiative made possible through a partnership with the voluntary sector. Together they provide start-up capital, business mentoring, networking, advisory and marketing support services to encourage a new generation of young Barbadian entrepreneurs.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• SCORE (US): Large US non-profit providing free business mentoring, workshops, and resources to entrepreneurs. Closely comparable in the mentoring-driven, non-profit support model BYBT uses for its entrepreneur base.
• Caribbean Export Development Agency: Regional agency supporting business development and exports across CARIFORUM states. Comparable as a Caribbean business-support institution, though focused on export and trade development rather than startup incubation specifically.

Emerging players

• Hatch Caribbean: Regional Caribbean startup accelerator supporting early-stage founders. Comparable in entrepreneur-support focus and Caribbean geography, though it emphasizes venture-style acceleration rather than charitable support.
• Startup Barbados: Barbados-based community organization promoting local startup activity and founder networking. Directly comparable geography and entrepreneur target audience, though with a more event/network orientation than BYBT's programs.

Direct peers

• Prince's Trust (UK): Long-running UK charity supporting young entrepreneurs with capital, mentoring, and training. Closely comparable mission, program mix, and funding model to BYBT, though at materially larger scale.
• Youth Business International: Global network of youth entrepreneurship trusts of which BYBT is a member. Directly comparable as a youth-focused business support organization providing capital, mentoring, and incubation across multiple countries.
• Enactus: Global non-profit operating student-and-youth entrepreneurship programs across many countries, including the Caribbean. Comparable mission of developing entrepreneurs through training, mentoring, and competitions.
• Branson Centre of Entrepreneurship Caribbean: Caribbean-focused entrepreneurship support organization offering mentoring and incubation to founders. Operates in the same region and target market as BYBT, providing similar program structures.

Regional players

• National Entrepreneurship Development Company (NEDCO): Trinidad & Tobago state agency providing micro-financing, training, and business development services to entrepreneurs. Comparable Caribbean-region business-support mandate but operates under a different institutional model.

Others

• DreamSpring: US-based non-profit small business lender providing capital and mentoring to underserved entrepreneurs. Comparable non-profit funding-plus-mentoring approach, though operating in a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BYBTBdos
• LinkedInlinkedin.com/company/the-bybt
• Instagraminstagram.com/bybt.bdos

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Barbados Youth Business trust