Canadian Youth Business Foundation

Canadian Youth Business Foundation

November 18, 2010 08:47 ET

Canadian Youth Business Foundation Opens First-Ever Manitoba Office

Hands-On Support to Enhance Central Canada's Entrepreneurial Community

WINNIPEG, MANITOBA--(Marketwire - Nov. 18, 2010) - In conjunction with Global Entrepreneurship Week (GEW) Canada, the Canadian Youth Business Foundation (CYBF), Canada's entrepreneur gateway and official host of GEW Canada, is pleased to announce the opening of a new regional office in Winnipeg, Manitoba. The opening is a momentous occasion for the organization, which has worked diligently to foster youth entrepreneurship from coast to coast to coast since its inception in 1996.

The office, located at 230-3025 Portage Avenue in Winnipeg's St. James neighbourhood, provides an environment for young entrepreneurs to learn about CYBF's start-up financing, pre-launch coaching, mentorship and online resources. The new location also features access to mobile workstations, additional business resources and complimentary wireless internet access.

"The growing interest in entrepreneurial careers combined with the desire to 'come home' to Manitoba creates significant opportunities for CYBF to begin to reverse the historic outward migration and cultivate future business leaders within the province," says Joelle Foster, director of Manitoba, Nunavut and Northwest Territories, CYBF. "CYBF looks forward to working with young entrepreneurs and helping to turn their fresh ideas into a reality."

The expansion of CYBF into Manitoba comes at a pivotal time in Canada's economic recovery. According to the Business Development Bank of Canada, more Canadians living in the regions most affected by the crisis, including Manitoba, have stated their intentions to start a business. Currently, there are 90,000 self-employed entrepreneurs in the province, a number that has risen nearly 70 per cent over the last three decades. CYBF aims to further encourage this persuasion towards entrepreneurship and provide the necessary supports for success. 

One such program is the CYBF Newcomer Entrepreneur Program, which offers flexible loan assessments and a hand-matched mentor to provide new Canadians with insight into running a business in Canada.

For additional information on the Manitoba office, please contact Joelle Foster at 204-227-2232 or jfoster@cybf.ca.

About CYBF - 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 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. www.cybf.ca.

About Global Entrepreneurship Week (GEW)

From November 15 – 21, 2010, more than 100 countries will come together to celebrate Global Entrepreneurship Week (GEW), a movement to inspire millions of people to embrace innovation, imagination and creativity. GEW Canada 2010 is hosted by the Canadian Youth Business Foundation, a national charity that connects hundreds of organizations to champion a culture of entrepreneurship and mentoring, through local, national and global initiatives. www.gewcanada.com.

Contact Information

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