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Seven entries were received for various projects, including online shopping; retail distribution; seasoned meats; organic juice production and sales; and clothing design and manufacturing.However, it was Lester Woolward and Samantha Austin of a new start-up called C-Post Couriers, who won the 0,000.00 business account prize for the most comprehensive and bankable plan.year Ivey’s Scotiabank International Case Competition (SICC) drew teams from all over the world to come to Canada, form relationships with one another, and compete in a truly unique case competition.
For full details of coverage limitations, refer to the CDIC brochure Protecting Your Deposits.
To qualify you must be approved for a Scotia Line for business VISA card.
“In keeping with the Ivey tradition, we encourage all participants to work hard and play hard,” Irwin and co-chair Jordan Sills, HBA ’17, wrote in the SICC handbook.
On November 26, 2014, Scotiabank announced the winner of its Business Plan Competition, launched in collaboration with the Georgetown Chamber of Commerce and Industry (GCCI) in September, as one of the Bank’s Small Business Week initiatives for 2014.
"I learned so much over the brief competition period," said KT Irwin, HBA '18, one of the event co-chairs.
"It was fascinating to watch the subtle differences between the teams throughout the event.Based on the judges’ findings, Scotiabank will be partnering with the GCCI in 2015 on a workshop to equip small business owners with the skills to prepare the financials for a business plan. Electronic banking for business - included - gives you 24 hour access to your Canadian dollar business accounts through your Scotia Card® for business bank card. Deposits are eligible to be insured under the CDIC Act only if they are in Canadian currency, have a term of 5 years or less and are payable in Canada.Teams had approximately 15 hours to prepare their case before they presented to a panel of 11 judges, comprised mostly of Ivey alumni.Three teams advanced to the finals, where they presented to all judges as well as their fellow SICC peers.Eligible persons had to submit a Business Plan using Scotiabank’s free Business Plan Writer tool which can be accessed by visiting Scotiabank’s website clicking on the Tools and Resources link under the Small Business tab.The judges were GCCI President Lance Hinds, Owner/Director of Social Rank Media Rosh Khan, Scotiabank Robb Street Branch Manager Brian Hackett and Scotiabank Marketing Manager Jennifer Cipriani.While your company can survive for a while without sales or profits, it won’t last long without cash.It’s important to have a road map for your business that shows where you want to go and how you’re going to get there.Although SICC is a competition at its core, there’s much more to the four-day event.Teams bring their different points of view, cultures, and experiences to the table, learning from one another and getting a unique perspective into life in a different country.