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1st PWR Hour Focuses on Technology.

lounge18022018Entrepreneurs and innovators get information about technology to help them grow their businesses

Great Bay:---  The Power Hour was launched in 2013 as a networking event to provide tips to entrepreneurs and professionals to achieve unparalleled success. Since then it has been able to influence more than 1200 entrepreneurs and professionals with key notes from the island’s most notable entrepreneurs including Mr. Imran McSood, Chairman of NAGICO, Mr. Jean Arnell, co-founder and managing partner of COMPUTECH, and Mr. Arun Jagtiani, CEO of Island Real Estate Team.
Over the years, the organizers of the Power Hour have created other experiences, with their partners, to cater to the varying target groups of entrepreneurs, such as Dominate The Runway, which focused on creative entrepreneurs in fashion through the Caribbean, IP IMPACT focused on intellectual property for small medium enterprises (SME’s), and DOMINATE 360 the international event to help start-up entrepreneurs and innovators from the region to achieve unparalleled success.
After assessing the needs of entrepreneurs and innovators both on the island and in the region, the organizers under the leadership of Ife Badejo, have decided to develop a new brand, PWR (Produce Wealth Revolution) and rebrand the Power Hour. The new brand allows the organizers to better serve entrepreneurs, innovators, and SME’s on St. Maarten and in the region to accelerate their growth and build thriving 21st-century businesses.
The PWR (pronounced “power”) Brand includes an agency that provides innovative sustainable solutions and network which provides savings for its members and helps them build strategic relationships. The PWR Hour is the flagship experience that gives entrepreneurs and innovators cutting-edge information to grow their businesses while connecting to potential partners and clients.
As St. Maarten recovers from the devastating effects of the hurricanes in late 2017, entrepreneurs, innovators, and SME’s have a unique opportunity to help build back its economy and propel it forward in the 21st century. Understanding what affordable tools and technologies exist is then imperative for the island’s entrepreneurial community. For this reason, organizers are pleased to announce that UTS- a telecommunications service provider is a corporate partner for the first PWR Hour of 2018. Representatives of UTS will provide additional information on the best ways to use affordable technology to grow their business.
This PWR “Tech” Hour will help entrepreneurs, innovators, and SME’s to better understand what is required to succeed in the 21st century and how to overcome the specific challenges that St. Maarten’s entrepreneurial community faces.
To show their appreciation for the inspiring continued support, this first PWR Hour is a gift from The PWR Agency, UTS, and the organizers to St. Maarten’s dynamic entrepreneurial community. Registration is required to best accommodate the attendees. For more information, email This email address is being protected from spambots. You need JavaScript enabled to view it. or like the facebook page www.facebook.com/experiencepwr.


Sint Maarten Students in Holland meet with Prime Minister Romeo-Marlin and Minister Ferrier.

sxmhousemarlinromeo16022018THE HAGUE:--- On Friday evening a group of Sint Maarten students including youngsters that evacuated from Sint Maarten after the passing of Hurricane Irma, were invited to come to the Sint Maarten House in The Hague. Prime Minister Leona Romeo-Marlin & Minister of Finance Michael Ferrier wanted to inform the gathering of what could be considered as an extremely positive outcome of their visit to the Netherlands.

During the short presentation, Prime Minister Romeo Marlin emphasized to the students the importance of returning home once they have completed their studies. “It’s a pleasure to see students being interested in what’s going on in Sint Maarten and taking the opportunity whenever a Minister is present, to come and be informed.” The Prime Minister gave a brief summary of her activities while in the Netherlands including meetings with Prime Minister Mark Rutte and State Secretary Raymond Knops. Prime Minister Romeo-Marlin continued by encouraging the students to focus on their studies, getting the necessary experience, but to come home because “home needs you, especially now!”

Minister Ferrier when addressing the gathering told them, “We are resilient... we are a proud people; we do not wait for others to start to help ourselves, we just go! When bad things happen, you must dust yourself off and keep going! Be passionate about what you do and know your limitations. Be the best you can be in whatever job you land. ”

In conclusion, the students and youngsters were treated to prepared snacks and drinks and they had an opportunity to network and interact with the Ministers present by exchanging their thoughts, personal experiences, and ideas.

Minister Ferrier and State Secretary Knops sign 50 Million Guilder liquidity support loan.

ferrierloan16022018THE HAGUE:--- On Friday afternoon in The Hague Minister of Finance Michael Ferrier and State Secretary Raymond Knops signed off on a 50 Million Guilder loan to Sint Maarten, staving off looming liquidity challenges that Country Sint Maarten would otherwise face shortly. Minister Ferrier explained that the loan conditions are 0% interest, a term of 30 years, with 25 equal yearly payments of NAFls 2,000,000.00 starting in January of 2023 (5 years from now). This arrangement puts Country Sint Maarten in a much better position to deal with its financial obligations, especially in the Post Hurricane Irma period, when Government’s income has taken a heavy hit, while expenditures have gone through the roof.

Young Entrepreneurs Encouraged to Apply for the Young Leaders of the Americas Initiative.

Residents from Curacao, Aruba, and Sint Maarten are eligible to participate in the Young Leaders of the Americas Initiative (YLAI) and are encouraged to apply. In 2016 and 2017, a total of four young entrepreneurs from Curacao, three from Aruba, and one from Sint Maarten participated in the program that empowers entrepreneurs and innovative civil society leaders to strengthen their capacity to launch and advance entrepreneurial ideas and effectively contribute to social and economic development.
Sponsored by the U.S. Department of State and implemented by Meridian International Center, the initiative will bring 250 young business and social entrepreneurs from Latin America and the Caribbean to the U.S. in September and October 2018 for a five-week fellowship which will include an opening program; an individualized Fellowship program with counterpart companies or organizations throughout the U.S.; and a closing forum in Washington, D.C.
This professional fellowship will take place at universities, incubators, and non-governmental organizations across the U.S., while follow-on exchanges will send Americans to Latin America and the Caribbean to continue the collaboration. Participants will benefit from interaction with entrepreneurship experts, participation in skill-building workshops, and ongoing support through networking, mentorship, and investment opportunities.
This fully-funded fellowship is open to entrepreneurs between the ages of 25 and 35 with at least two years of experience as an entrepreneur in their own business or social venture as well as citizenship and residency in Aruba, Curacao, or Sint Maarten. They should be proficient.

MP Frans Richardson and Janhendrik Boekaar to spend the next eight days behind bars.

fransjanhendrik14022018PHILIPSBURG:--- The leader of the United St. Maarten Party and Member of Parliament Frans Richardson along with the Director of Windward Roads Janhendrik Boekaar have to spend the next eight days behind bars as the investigators for the TBO team continue with their investigations. A statement from the Prosecutor Office on Friday states that both suspects, detained on Wednesday in Sint Maarten, will remain in detention. J.H.B. and F.G.R. were presented today by the Public Prosecutor's Office to the judge of instruction (rechter-commissaris). The judge of instruction judged the arrest correct. The Public Prosecutor ordered thereafter the extended detention with 8 days.

In a press release on Wednesday, the Prosecutor Office states that MP Richardson is suspected of accepting bribes and tax fraud. The prosecutor office also states in their release that MP Richardson is also suspected of participating in a criminal organization aimed at recruiting votes for himself.
The Director of Windward Roads Janhendrik Boekaar is under investigation named Larimar. According to the Prosecutors Office Boekaar bribed civil servants and persons in the construction sector.


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