Sunday 15 December, 2019

Cocoa Republic, Precision Music up for Champions of Business Awards

The creators of a chocolate manufacturing company and a music production company have been nominated for EY Entrepreneur Of The Year awards at the 2019 Champions of Business Awards.

The companies are among eight vying for Start-up and Emerging Entrepreneur awards, sub categories of the main award sponsored by EY.

The winners will be announced at a ceremony at the National Academy for the Performing Arts (NAPA) this evening.

The main category recognises entrepreneurs in two sub-categories who use their ingenuity, perseverance and hard work to build businesses that benefit the economy and help to make a better country.

Christopher Boodoosingh, the Chief Executive Officer of Cocoa Republic Limited, is nominated under the start-up sub-category. His chocolate manufacturing company uses high quality Trinitario cocoa grown in Trinidad as its foundation.

Cocoa Republic has three bars on the market which are available at retail stores and online, including on Amazon. Its latest products include a vegan milk chocolate bar, Hazelo – a vegan substitute for Nutella made with Trinitario cocoa and a Vegan Ice Cream made from cocoa beans.

The company provides chocolate to a high-end distributor that supplies many Michelin Star restaurants in New York City.

The company also secured an exclusive supply contract with a producer in Germany which will provide opportunities to export to other European markets. Cocoa Republic has won several awards for its products.

Sophia Stone and Stacy Seeterram, of Caribbean Cure Limited; Faariah Khan and Kevin Singh of Green Age Farms Limited and Matthew Moses and Andrew Laquis, Shyft Investments Limited are also nominated in this category.

Kasey Phillips of Precision Global Music Limited is nominated in the emerging entrepreneur sub-category. The music producing company has won several prestigious local, regional, and international awards.

The company moved from just producing music for artists to owning the music they produced. Today, the company’s resume reads as a who’s who in the local, regional, and international musical arenas. From Grammy award winners to celebrated regional artists, to R&B superstars, the company’s experience spans the Caribbean and United States.

Also nominated in this category are Hesma Tyson of Caribbean Specialty Foods Co. Limited; Stefan Grosberg of Del Mano Food Limited; and Jennifer Ramoutar-Goberdhan of Jennifer Goberdhan Signature Weddings

Meanwhile, Associated Brands Industries Limited (ABIL) will receive the Internationally Known… T&T Owned Company of the Year award this evening.

Introduced in 2014, this category recognises a company for its achievements in taking steps to move their business from a local operation to an International player. The award is sponsored by First Citizens.

ABIL is a leading manufacturer and distributor of snack foods, chocolate confectionery, biscuits and breakfast cereals in the Caribbean.

The company has built up an extensive portfolio of brands, including Sunshine Snacks, Charles Candy, Devon Biscuits and Universal Cereals. In addition to manufacturing for the local and regional markets, ABIL also distributes a range of imported products.

The company has been expanding progressively over the years as it continues to build on its production lines. Apart from its local distribution, key export markets include Jamaica, Barbados, St. Lucia and Dominican Republic. It also exports to over 20 countries worldwide, reaching as far as Taiwan and Ireland.

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