The Economic Club of Canada

The Economic Club of Canada

September 04, 2014 09:36 ET

Jr. Economic Club Students Pitch Ideas to Business Leaders for Bragging Rights and Scholarships

TORONTO, ONTARIO--(Marketwired - Sept. 4, 2014) -

Editors Note: There is a photo associated with this press release.

On Friday, August 29th 2014 the Jr. Economic Club of Canada (Jr. EC), with a primary mandate to educate and inspire Canadian youth to become financially literate, celebrated the culmination of "Bay Street Boot Camp," a five-day financial literacy course and entrepreneurial challenge that brought 40 students from across Ontario into the heart of the financial district. Students were given the chance to pitch their business ideas to a panel of expert "Mega Minds" in a Dragons' Den-style format.

"We were very impressed by the quality of students here - It's a great opportunity to show our support for the young minds that will be the leaders of tomorrow," said Janny Vincent, President and CEO of Fundata Canada Inc. Fundata provided the grand prize of $10,000 in scholarship money that was awarded to the winning team comprised of Thomas Stephen and Ahmed Saeed, alongside $5,000 from the Investment Funds Institute of Canada (IFIC) to be split amongst second and third place teams.

The day started with an entrepreneurial tradeshow where students pitched their ideas to business executives and politicians. Mega Minds then deliberated on the top six businesses they would "invest" in to advance to the final round of presentations.

The "Mega Mind" panel included The Honourable Kevin Sorenson, Minister of State (Finance); The Honourable Don Meredith, Jane Rooney, Financial Literacy Leader, Financial Consumer Agency of Canada; Jan Dymond, Director of Public Affairs, IFIC; Michelle Michalak, Head of Financial Literacy, VISA; Janny Vincent, President and CEO, Fundata Canada Inc.; Ungad Chadda, Senior Vice President, TSX; Brooke Biscoe, Vice President, Business Development, Fundata Canada Inc.; and Rick Headrick, President, Sun Life Global Investments.

"The Jr. Economic Club deserves high praise for giving these young entrepreneurs such a great opportunity to showcase their creativity and enthusiasm," said Jan Dymond, Director of Public Affairs, IFIC. The week encompassed a variety subjects including everything from basic finance and personal money management, to health, personal branding and interview skills.

"I'm honoured to participate in this event and meet such enthusiastic and bright young entrepreneurs," said Rick Headrick, President, Sun Life Global Investments. "We are proud to support an initiative that aligns with our mission to educate Canadians and help them achieve lifetime financial security." Sun Life Financial also presented the "Student of the Week", Kunal Crasta with an Apple iPad.

Winners Thomas and Ahmed successfully pitched "AirCharge," an innovative smartphone case tailored to an on-the-go society. The product turns radio waves into usable electricity, making it possible to charge mobile devices anytime and anywhere.

For more information about the Bay Street Boot Camp program, go to www.EconomicClub.ca, visit us on Facebook and follow us on Twitter at @JrECofCanada.

About the Jr. EC

President and CEO of the Economic Club of Canada, Rhiannon Traill, created the Jr. EC in 2011 with the goal of encouraging young Canadians to become financially literate. Over the last three years the Jr. EC has accepted over 6,000 high school students and has given out over $50,000.00 in academic scholarships.

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20140904-Economic-club.jpg.

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