Canadian Youth Business Foundation

Canadian Youth Business Foundation

November 22, 2010 17:19 ET

Canadian Youth Business Foundation Announces 2010 Chairman's Award Winners

TORONTO, ONTARIO--(Marketwire - Nov. 22, 2010) - The Canadian Youth Business Foundation (CYBF) announced today the winners in the Best Business Award categories for the 2010 CYBF Chairman's Awards program.

"The CYBF Chairman's Awards were created to celebrate excellence in youth entrepreneurship across Canada and to recognize that these start-ups are the driving force behind Canada's economic growth and prosperity," says Vivian Prokop, chief executive officer, CYBF. "From an innovative energy intelligence system that reduces CO2 emissions to a green manufacturer of non-toxic bioplastics, these winning businesses are prime examples of how CYBF's bright young entrepreneurs are building a better tomorrow while inspiring other young people to become the next generation of business leaders. Congratulations to them all!"

The award winners will each receive a prize package valued at more than $5,000 which includes national profiling through the media, social media and advertising.

Additionally, the five businesses will compete for the grand prize, the CYBF National Best Business Award, at the CYBF Chairman's Awards celebration scheduled to take place in Spring of 2011. The National Best Business Award winner will receive a prize package valued at more than $25,000, which includes a cash prize of $20,000. The winner will also receive an all-expense paid trip to France to participate as an official Canadian delegate at the 2011 G20 Young Entrepreneur Summit and will have the opportunity to network with 400 bright young entrepreneurs from the G20 nations. The cash prize portion of both awards packages is privately funded by an anonymous third party.

"A hearty congratulations to all of this year's applicants for their significant contributions to the business communities in which they operate, as well as to the greater Canadian economy," says Ms. Prokop. "All of CYBF's entrepreneurs are outstanding representatives of the calibre of young entrepreneurs in our country."

The 2010 Chairman's Awards winners:

2010 CYBF Best Innovative Business

Business: Invenia Technical Computing Corporation

Entrepreneur: Matthew Hudson

www.invenia.ca

2010 CYBF Best Green Business

Business: Solegear Bioplastics Inc.

Entrepreneur: Toby Reid

www.solegear.ca

2010 CYBF Best Female Entrepreneur

Business: Atlantic Cirque

Entrepreneur: Anaïs Guimond

www.atlanticcirque.com

2010 CYBF Best Socially-Minded Business

Business: Momzelle Nursing Clothing

Entrepreneur: Christine Poirier and Vincent Poirier

www.momzelle.com

2010 CYBF Best Newcomer Business

Business: La Tortilleria

Entrepreneur: Axel Arvizu and Juan Roman

www.latortilleria.ca

To read about these award winners or for additional information on CYBF, please visit www.cybf.ca/awards.

About the Canadian Youth Business Foundation (CYBF)

The Canadian Youth Business Foundation (CYBF) is the 'go to' place for youth entrepreneurship. As a national charity, we are dedicated to growing our nation'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. Information about CYBF is available at www.cybf.ca.

Contact Information

  • Media Contact: Canadian Youth Business Foundation
    Rachel Azagury
    Senior Manager, Social Media, Media and Events
    866-646-2922 x2111 or Cell: 647-834-2923
    razagury@cybf.ca
    www.cybf.ca