Scotiabank to Focus on Business Banking Training for Business Week

Scotiabank Celebrates Business Week with a 98.1 Cash Quiz and Business Plan Writing Contest where the winner will be awarded a startup account of up to $ 300,000, starting Monday .

The business plan writing competition was launched last week; however, Scotiabank encourages small business owners to use its Business Plan Writer, an online tool, to prepare and submit a plan for their business. The top three plans will be assigned startup accounts worth $ 300,000, $ 200,000 and $ 100,000, respectively, he said in a press release. The registration criteria are that the company must not employ more than 20 people, haveAnnual gross revenues not to exceed $ 60 million and the investment is expected to be between $ 5 million and $ 50 million.

“At Scotiabank, we know the valuable contribution small business owners make to the growth of Guyana’s economy,” said Scotiabank National Director Amanda St Aubyn. She also said the bank is committed to helping Guyanese entrepreneurs achieve their financial goals, offering them relevant advice, services and tolls that will help them start and grow their small businesses. “We believe that financial literacy, business planning and knowledge are essential to the business success of our clients,” noted St Aubyn.

Scotiabank is also hosting a Business Plan Development Seminar for Selected Small Business Customers and a Money Minute Quiz on 98.1 Hot FM starting at 7:30 am These activities will run Monday through September 28th. The program aims to educate the public about business banking services. For more information, the public is invited to visit Guyana.bank scotia. com / smallbusiness or check out the company’s Facebook and Twitter pages at Facebook.com/ScotiabankGY and Twitter.com/ScotiabankGY.



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Michael C. Sumner

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