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Demerara Bank to launch $10M programme to support start-ups
Kaieteur News – Demerara Bank Limited on Saturday will officially launch its Corporate Social Responsibility (CSR) Revolving Programme at its Corporate Office on Camp Street, Georgetown.
Demerara Bank Limited on Saturday will officially launch its Corporate Social Responsibility (CSR) Revolving Programme at its Corporate Office on Camp Street, Georgetown
The landmark initiative sets aside G$10 million in funding to support Guyanese start-ups through an engaging Innovation Tank–style competition, where entrepreneurs will pitch their business ideas before a live judging panel. The event will introduce the programmes structure, showcase its benefits, and officially open applications for start-ups seeking funding of up to G$1 million each, the bank said in a press release.
Attendees will hear from senior executives, and partners about the program’s vision and how it aims to strengthen Guyana’s entrepreneurial ecosystem.
At the programme the bank will disclose full details of the Dream Build Lead (DBL) Innovation Tank Programme, including terms, eligibility requirements, and the innovative Shark Tank-style competition format. Keynote remarks will be delivered by senior managers on the company’s commitment to supporting entrepreneurs and community growth.
There will also be media interviews with executives, marketing representatives, and potential applicants to capture perspectives on the initiative’s national impact. Attendees will have a chance to connect with leaders, entrepreneurs, and partners in Guyana’s business and community development sectors.
According to the bank, the Dream Build Lead Innovation Tank Programme is designed to break down barriers faced by start-ups in accessing financing. By providing non-repayable grants of up to G$1million each, the program empowers ten (10) start-ups with the resources to innovate, create jobs, and contribute to Guyana’s economy.
Beyond financing, the program will also emphasise sustainability, ethical business practices, and mentorship, ensuring that entrepreneurs are not just funded but supported in building long-term success. “This launch represents more than just a financing program. It is a platform for innovation, creativity, and sustainable growth. We want to give entrepreneurs the tools they need to succeed and in turn, empower communities across Guyana,” said the Bank’s Chief Executive Officer.
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