On Friday, May 20, 2016, ScotiaBank launched its Vision Achiever LivePitch 2016 business plan competition, in collaboration with the Georgetown Chamber of Commerce and Industry (GCCI) to promote entrepreneurship locally.
This is the second year for this exciting competition which was first launched in September 2015 during Scotiabank’s celebration of Small Business Week. Entrants were required to use the Bank’s free online Business Plan Writer tool to prepare a business plan and enter it into the competition. The top four plans were sent to the final round where they had to pitch their business on television in front of the judges. Wafugee Inc. emerged winner of the 2015 competition. The other finalists were Extravagant Celebrations, The Solution Centre and Robbie’s Weedcutting and Maintenance Services. This year, the format of the competition has been modified where entrants will be required to first submit a 60-second video pitch for a new business or expansion of an existing business via
email to firstname.lastname@example.org. The Bank will facilitate recording for those who don’t have access to such a facility on June 10 and 24 from 17:00hrs at ActionCoach, Parade Street, Kingston, Georgetown. Eligible videos will be uploaded for viewing and voting at facebook.com/ScotiabankGY between June 30, 2016 and July 15, 2016. The top three pitches will go to the finals, along with two
wildcard picks by the judges. The five finalists will be required to prepare a business plan using Scotiabank’s free online Plan Writer tool. The winner and runner up will be announced the week of September 19, 2016 and will receive a $500,000 and $250,000 start up business account at the Bank, respectively. All the finalists will benefit from an ActionCoach training programme sponsored by the Bank and ActionCoach. The Scotiabank Vision Achiever LivePitch 2016 competition is one of the Bank’s initiatives to celebrate Small Business Week which will run from September 19-23 this year. Interested persons can go to guyana.scotiabank.com or the Chamber’s website gcci.gy for the full terms and conditions of this competition.
TERMS AND CONDITIONS
The Scotiabank Vision Achiever LivePitch 2016 Competition is open to Guyanese residents, 18 years and above, who are interested in starting a business as well as existing small business owners who want to expand their business. Employees of Scotiabank (hereinafter referred to as “the Bank”) and/or those living in the same household of each and their immediate families (spouses, parents, children and siblings and their respective spouses), its Advertising Agency and/or those living in the same household of each, members of the Georgetown Chamber of Commerce and Industry and finalists in past business plan competitions run by Scotiabank, are not
eligible to participate in this competition.
HOW TO PARTICIPATE
Record a one minute video pitch of your business idea and send it via email to
Record your one minute video pitch using our facilities on the dates listed below. Email
email@example.com to register for your recording.
Deadline for submission of videos is June 25, 2016. Entrant must state his/her name at the beginning of
The videos will be uploaded to facebook.com/ScotiabankGY by June 30, 2016 for public voting
Public voting will end July 15, 2016 and the top three pitches will go through to the finals along with two
wildcards identified by the judges
The five finalists will be required to use Scotiabank’s free online Business Plan Writer tool to prepare a
Business Plan. The tool is accessed at guyana.scotiabank.com under Small Business, Tools and Advice
Friday June 10, 2016 17:00hrs ActionCoach, 122 Parade Street
Friday June 24, 2016 17:00hrs ActionCoach, 122 Parade Street
The winner and runner-up will receive a $500,000 and $250,000 start up business account respectively
while all five finalists will receive business coaching from ActionCoach Guyana.