Scotiabank Business Plan

The University of Hong Kong took home the first place prize, with Maastricht University of Business and Economics and Muenster School of Business and Economics as the other finalists.Maastricht also won the spirit cup, demonstrating the team’s enthusiasm for both the social events and the competition itself.

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When they weren’t working on the case, participants were indulging in poutine, enjoying a Molson Canadian or two, and playing mini stick hockey.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.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.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.Participants learned about the rise of Fin Tech, and the technologies that disrupt and change financial services to make the process more efficient.The case specifically focused on the future potential of blockchain technology for the Scotiabank Digital Factory.