Scotiabank to award $1.5M to start-ups in latest business plan contest

From left are Executive Director of the Georgetown Chamber of Commerce and Industry (GCCI) Richard Rambarran, Vice-President of the GCCI Nicholas Boyer; ActionCOACH Guyana head and member of GCCI Vishnu Doerga, Scotiabank’s Marketing Manager Jennifer Cipriani, the Master Class Institute’s head Rosh Khan and last year’s winner and runner-up, Denisha Victor and Davindra Laltoo, respectively, who were at the launch yesterday.

Scotiabank yesterday launched its fifth annual Vision Achiever Programme Business Plan Competition, which will see a total of $1.5 million going to the winning entrants.

The launch was held at the Waterloo Street office of the Georgetown Chamber of Commerce and Industry (GCCI), where Scotiabank’s Marketing Manager Jennifer Cipriani explained that the prize money has been doubled as part of the bank’s 50th anniversary celebrations.

Last year saw $750,000 being awarded to the successful entrants, with winner Denisha Victor of KoKo receiving $500,000, and runners-up Davindra Laltoo and Omesh Balmacoon, of Guyana Premier, receiving $250,000.