Canadian Youth Business Foundation

Canadian Youth Business Foundation

June 01, 2012 09:40 ET

Canadian Delegation Departs for G20 Young Entrepreneur Summit

Twenty young entrepreneurs to travel to Mexico City, Mexico to propose entrepreneurial solutions to G20 leaders

TORONTO, ONTARIO--(Marketwire - June 1, 2012) - Today, 20 young Canadian entrepreneurs from across Canada are preparing to depart for Mexico City where they will form the official Canadian delegation at the G20 Young Entrepreneur Summit (G20 YES). The summit runs between June 2 and June 5, 2012.

These dynamic young leaders were selected by the Canadian Youth Business Foundation (CYBF) to participate in the G20 YES, an annual international summit of dedicated and influential entrepreneurs of the G20 countries, coordinated by the G20 Young Entrepreneurs' Alliance (G20 YEA). The global delegates will work together to identify ways that government and business communities can best harness the potential of young entrepreneurs. In addition, they will discuss in-depth research conducted by McKinsey & Company and the entrepreneurship barometer established by Ernst & Young, which demonstrate that entrepreneurship is critical for innovation, growth and employment, particularly for young people.

"I'm very proud to bring this world-class group of young Canadian entrepreneurs to the world stage," says Vivian Prokop, chief executive officer of the Canadian Youth Business Foundation and founding chair of the G20 Young Entrepreneurs' Alliance (G20 YEA). "They best represent the driven, resourceful and innovative nature of the entrepreneurial ecosystem that has been cultivated in Canada through our collaborative network of partners and, which has been applauded worldwide."

The discussion at G20 YES Mexico, the third to occur since CYBF hosted the inaugural G20 YES in June 2010, will focus on key points for support that have been established through intense discussion at past summits. The topics that have emerged as key focus points for discussion and improvement are: access to funding, coordinated support, entrepreneurship culture, regulation and taxation, and education and training. For the current summit, three key priorities have been identified, namely, access to funding, entrepreneurship culture and regulation and taxation. Through improvement of these measures, it is believed that business and entrepreneurial culture can be moved towards a world in which young entrepreneurs are limited only by their imaginations.

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

For more information about the G20 YES in Mexico, 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 organization, 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, to help them launch and sustain a successful entrepreneurial business. CYBF is the founder of G20 Young Entrepreneur Summit (G20 YES) and founding member of the G20 Young Entrepreneurs' Alliance (G20 YEA). For more information, visit

G20 Young Entrepreneur Summit-Mexico

The G20 Young Entrepreneur Summit Mexico is a gathering of young entrepreneurs (age 18-40) and entrepreneurship-focused organizations from the G20 countries. Hosted by COMPAREX, it provides valuable input to government leaders to assist in driving sustainable global economic growth, exchange ideas and to foster international partnerships and collaboration. The G20 YES is an official program of the G20 Young Entrepreneurs' Alliance. For more information, visit

G20 Young Entrepreneurs' Alliance (G20 YEA)

The G20 Young Entrepreneurs' Alliance is a collective of leading entrepreneurially-minded organizations representing the G20 countries who seek to promote youth entrepreneurship as a powerful driver of economic renewal, job creation, innovation and social change. The Alliance was founded as a movement to engage the G20 leaders in the cause of youth entrepreneurship, share information across borders, affect positive policy change and create a global network of young entrepreneur advocates while building a collaborative entrepreneurial environment worldwide. For more information, visit

Contact Information

  • Canadian Youth Business Foundation
    Nicolee Tattersall
    Manager, Media Relations
    Office: 416.408.2923 ext. 2208 or Cell: 647.405.2923