Washington DC, February 1, 2017 - The Young Americas Business Trust (YABT) and Banreservas, the Bank of Dominicans, announced the launch of the TIC Dominican Republic and the "Cree Banreservas" award, for all young Dominicans participating In TIC Americas 2017.
For the second consecutive year, the financial institution and the Young Americas Business Trust (YABT) join forces to highlight and reward the most innovative and impactful enterprise in the country.
"We extended the registration deadline so that more entrepreneurs from Dominican can be part of this process. We invite young people between the ages of 18 and 34 who are citizens of the Dominican Republic to register their economic, social or environmental proposals that aim to be innovative solutions that allow the implementation of the Objectives for Sustainable Development in www.ticamericas.net," explains a statement released by YABT and Banreservas.
Registrations for TIC Dominican Republic are open until February 28, 2017, 12.59pm Washington, D.C. time. For this category, the rules of TIC Americas category StartUp Challenge apply. See rules.
It should be noted that young Dominicans who have already registered a proposal on January 31 automatically participate in the new category. Thus having the opportunity to be the winner of the "Cree Banreservas" Prize.
Three finalist teams will be selected from the participants; they will receive a scholarship to travel to the final competition in Mexico in June at the General Assembly of the Organization of American States (OAS). One of these teams will be the recipient of the Cree Banreservas prize of $5,000 in seed capital.
For the finalists, YABT will provide mentoring, international visibility, market access and many opportunities that generate from being a part of YABT's network of entrepreneurs and the Cree Banreservas Program.
TIC Americas is a program of the Young Americas Business Trust (YABT), an international non-profit organization working in cooperation with the OAS. YABT supports the objectives of OAS Member States by promoting youth development programs that promote the creation of businesses that generate employment and ensure that young people improve their living conditions.