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DID INVEST SAINT LUCIA RIP OFF A YOUNG ENTREPRENEUR?

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A local entrepreneur’s business idea appears to have striking similarities with Invest Saint Lucia’s newest marketing tool. The owners of 3Sixty, a local company offering virtual reality tours, presented their idea during the recently concluded National Idea Pitch Competition – an event organized by Invest Saint Lucia. ISL came under scrutiny after it rolled out its own version of a virtual reality tour to regional hotel investors during an investment summit that recently took place in Hollywood, Florida. ISL has denied violating intellectual property laws suggesting the apparent confusion is born out a simple coincidence. Investment Minister Dr. Ernest Hilaire says he’s looking into it.

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