Canadian Youth Business Foundation

Canadian Youth Business Foundation

October 27, 2011 08:00 ET

Canadian Delegation Departs for G20 Young Entrepreneur Summit

Thirty-one young entrepreneurs to travel to Nice, France to propose sustainable economic growth solutions to G20 leaders

TORONTO, ONTARIO--(Marketwire - Oct. 27, 2011) - Today, 31 young Canadian entrepreneurs from British Columbia to Nova Scotia are preparing to depart for Nice, France where they will form the official Canadian delegation at the G20 Young Entrepreneur Summit (G20 YES).

The dynamic young leaders were selected by the Canadian Youth Business Foundation (CYBF) earlier this summer to participate in the G20 YES, an annual international summit of dedicated and influential entrepreneurs of the G20 countries. The global delegates will then work together to identify ways that government and business communities can best harness the potential of young entrepreneurs. The summit runs between October 30 and November 2, 2011.

"I'm extraordinarily proud to have assembled this world-class group who best represent the driven, resourceful and innovative nature of Canadian entrepreneurs," says Vivian Prokop, chief executive officer of the Canadian Youth Business Foundation and founding chair of the G20 Young Entrepreneurs' Alliance (G20 YEA). "The caliber of talent is a true reflection of the stellar entrepreneurial ecosystem that has been cultivated in Canada through our collaborative network of partners and, which has been applauded worldwide."

The strength of Canada's entrepreneurial ecosystem was specifically identified in a recent research study conducted by McKinsey & Company, (which can be found here), and echoed this week in another report, "Entrepreneurs Speak Out: A call to action for G20 governments" (can be seen here), a barometer that examines entrepreneurship across the G20 economies and issued by Ernst & Young, applauds Canada's efficiency and encouragement of an entrepreneurial culture. Both studies were commissioned by the G20 YEA to provide a base for discussion and the advancement of entrepreneurial endeavors within the G20 nations.

CYBF hosted the inaugural G20 YES in June 2010, where the primary outcome was the formation of the G20 YEA, an international network of like-minded organizations supporting youth entrepreneurship.

To find out more about the Canadian delegates travelling to France, please click here.

Canadian Youth Business Foundation – Canada's Entrepreneur Gateway

The Canadian Youth Business Foundation (CYBF) is the 'go to' place for youth entrepreneurship. As a national charity, we are dedicated to growing Canada's economy one young entrepreneur at a time. We look at character not collateral, when providing youth, age 18-34, with pre-launch coaching, business resources, start-up financing and mentoring. We help them launch and sustain a successful entrepreneurial business.

Contact Information

  • CYBF Media Contact:
    Rachel Azagury
    Senior Manager, Marketing and Communications
    416-408-2923 x2111 / Cell: 647-834-2923
    razagury@cybf.ca
    www.cybf.ca