Millennial Business Pitch Competition by RIBBA: Meet Participant Papi’s Coquito

Friday, March 08, 2019

 

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Victor Regino - Co Founder of Papi's Coquito

Recognizing the gaps in support for entrepreneurs and small businesses in Rhode Island, the Rhode Island Black Business Association (RIBBA) in 2011, began advocating for state support and incentives for small businesses and minority businesses similar to the incentives available to big businesses and corporations. 

With funding from the City of Providence CDBG program and Commerce Corporation, RIBBA successfully created a program that combines access to capital with expert business consultant support that has since 2015 assisted established minority businesses to grow, increase revenue, and create jobs.    

The Millennial Business Pitch Competition, sponsored by RIBBA and The MET School Entrepreneurial Center, is the first business competition expressly designed to support young, urban, minority early-stage entrepreneurs.  The entrepreneurs are all under 30 and they own early-stage companies ranging from construction, music production and clothing manufacturing to a beverage company. The event is open to the public and scheduled for Saturday, March 9, 2019 from 10 am to 2 pm at One Regency Plaza in Providence. 

Meet one of the finalists -- Papi’s Coquito founder Victor Éstefan Regino -- appeared on GoLocal LIVE and discussed his emerging secret - SEE VIDEO INTERVIEW ABOVE

The winners receive a $3,000, a very low-interest business loan and free high value customized business and technical services to help them stabilize and grow their businesses.

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RIBBA's Ranglin

Lisa Ranglin, RIBBA president said, “In spite of the recent report from the Kauffman Foundation that found Rhode Island to be last in the nation in its support for entrepreneurs, our young entrepreneurs have all launched a business in Rhode Island and they are rolling right over the many obstacles that line their path. They are shining examples of determination and creativity.  RIBBA and the MET School Entrepreneurship Center are delighted that we can be among the few that extend financial and technical support to these ambitious young entrepreneurs.”   

 

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