Demerara Bank to unveil $10M start-up support programme this weekend

Local entrepreneurs will have a new avenue for financing as Demerara Bank Limited launches a $10 million Revolving Programme on Saturday. The initiative, branded the Dream Build Lead (DBL) Innovation Tank Programme, will provide grants of up to $1 million each to 10 start-ups. Applicants will compete in an Innovation Tank–style format, pitching their business ideas before a live judging panel.
The bank said the programme aims to address the financing challenges faced by emerging businesses while promoting innovation, job creation, and sustainable growth. In addition to funding, start-ups will receive mentorship and guidance on ethical business practices. Saturday’s event, at the bank’s Corporate Office, Camp Street, Georgetown, will outline the structure of the programme, eligibility requirements, and open the application process. Senior executives are expected to deliver keynote remarks on the bank’s commitment to supporting entrepreneurs and strengthening Guyana’s business ecosystem.
According to the bank, the programme is designed to reduce barriers to financing for start-ups, while promoting innovation, job creation, and economic growth. In addition to funding, beneficiaries will receive mentorship and support in adopting sustainable and ethical business practices.
At the launch event, senior executives and partners will present the structure of the programme, outline eligibility requirements, and open the application process for interested entrepreneurs. Keynote remarks will highlight the institution’s long-term commitment to strengthening Guyana’s entrepreneurial ecosystem.
Chief Executive Officer (CEO) of Demerara Bank said the programme represents a platform for innovation and sustainable growth. “We want to give entrepreneurs the tools they need to succeed and in turn, empower communities across Guyana,” he noted.
The launch event is scheduled to begin at 11:00h.