Dedicated to Entrepreneurs

STEP Ahead Internship Programme!

Are you a young, ambitious Trinidadian aged 16–25, eager to break into the world of entrepreneurship but unsure where to start? The Timely Entrepreneur Resource and Research Centre (TTERRC) is thrilled to introduce you to our STEP Ahead: Youth Entrepreneurial Launchpad internship programme—your gateway to hands-on business experience, mentorship, and real-world skills!

Why Join STEP Ahead?

This July–August, our hybrid (in-person + virtual) internship offers:
Practical Training: Work on real projects—from market research to startup pitching.
Expert Mentorship: Learn from seasoned entrepreneurs and business leaders.
Stipend Support: Earn money for your commitment (2–3 days/week).
Portfolio Boost: Walk away with a certificate, experience, and tangible work samples.

Who Should Apply?

– Aspiring founders with big ideas.
– Students curious about business careers.
– Young creatives, techies, or problem-solvers ready to make an impact.

How to Apply

Visit this link here (click) to fill out our quick application form by Deadline 25 June 2025. Limited spots available!

Don’t just dream—build your future with Timely!

#YouthEntrepreneurs #STEPAhead #TERRCTrinidad

 

BUSINESS RESILIENCE PLAN TEMPLATE
By The Timely Entrepreneur Resource and Research Centre

1. Business Overview

– Company Name:
– Date Prepared:
– Prepared By:
– Key Stakeholders (Name/Role/Contact):

2. Risk Assessment

Identify potential threats and their impact (High/Medium/Low).
(Customize with risks specific to your industry.)

3. Critical Business Functions

List essential operations that must continue during a disruption (rank by priority).
1. Payroll & Employee Support
2. Customer Service/Communication
3. Inventory Management & Order Fulfillment
4. IT & Data Security
5. Financial Operations (Cash Flow, Invoicing)

4. Resilience Strategies

A. Financial Resilience
– Maintain 3–6 months of operating cash reserves.
– Diversify funding sources (e.g., lines of credit, grants).
– Cut non-essential costs (identify these in advance).

B. Operational Resilience
– Cross-train employees for critical roles.
– Backup suppliers (list 2–3 alternatives for key inventory/services).
– Remote work capabilities (tested and ready).

C. Customer & Communication Plan
– Crisis messaging templates (for email/social media).
– Key contacts list (customers, vendors, media).
– Loyalty retention strategies (e.g., discounts for long-term clients).

D. Technology & Data Backup
– Cloud-based systems for remote access.
– Weekly data backups (stored off-site/encrypted).
– Cybersecurity protocols (e.g., VPNs, MFA).

5. Emergency Response Plan

Step-by-step actions for immediate crises (e.g., fire, cyberattack, sudden lockdown).
– Step 1: Activate crisis team (list names/roles).
– Step 2: Secure people/assets (evacuation, IT shutdown).
– Step 3: Communicate with stakeholders (use pre-drafted templates).
– Step 4: Switch to backup systems (e.g., remote work, alternate suppliers).

6. Recovery Roadmap

How to restore normal operations post-disruption.
– Short-term (0–7 days): Resume critical functions (e.g., payroll, customer support).
– Medium-term (1–4 weeks): Rebuild inventory, assess financial damage.
– Long-term (1–6 months): Revise strategy based on lessons learned.

7. Testing & Maintenance

– Quarterly drills (e.g., mock supply chain disruption).
– Annual plan review (update risks/strategies).
– Employee training (new hires, refresher courses).

8. Resources & Support

The Timely Entrepreneur’s Resilience Toolkit (templates, webinars).
– Local emergency contacts (e.g., IT support, backup suppliers).
– Insurance policies (review coverage annually).

Get Started Now
✅ Book a private consultation to customize your plan.
✅ Join our ***Resilience Workshop to stress-test your strategy.

The best time to prepare was yesterday. The second-best time is NOW.

This template is designed to be practical, actionable, and adaptable for businesses of all sizes—especially entrepreneurs and small businesses.