2nd Grand Bahama Tech Summit has bolstered Grand Bahama’s economy by over half a million dollars

The Summit has seen the creation of new jobs, partnerships, and businesses in Grand Bahama.

The 2nd Grand Bahama Technology Summit has added over half a million dollars to the Grand Bahamian economy, according to Grand Bahama’s State Minister, Senator Kwasi Thompson.

As reported by Magnetic Media, Minister Thompson said during the event on Wednesday that the Summit had ‘exceeded expectations’. The Office of the Prime Minister even had to close up online registration for how fast spaces were going.

“For this we are truly thankful,” the Minister said. “Our journey has just begun and we look forward to new initiatives in the coming months.”

He added:

“As we embar upon these three days (at the Summit) and we chart the way forward I encourage us to move forward with the mindset of ‘go big, or go home’. In Grand Bahama we can’t afford to think small or be small-minded. I believe, way down in my spirit that big things are about to happen but only if we are prepared to think big, believe big and Go big!” [Source: Magnetic Media]

Since the launch of the Tech Summit, the Minister has seen Grand Bahama creating several new partnerships, as well as jobs, programs and companies. Amongst them, he addressed tech call center Itelbpo, which recently announced that it will be taking on 100 more Bahamian staff.

Additionally, the Summit has provided important ground to discuss crypto regulation for the Bahamas.

“This Summit has also attracted important Regulators like Christina Rolle of the Securities Commission, who will lead discussions on Crypto Currency Regulation for the Bahamas, a topic which has attracted an enormous amount of attention nationally and internationally.” Minister Thompson said.

The government will also be launching a new ICT program, dedicated to teaching coding to 100 young Grand Bahamians.

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