Canadian Youth Business Foundation

Canadian Youth Business Foundation

January 27, 2014 12:10 ET

Media Advisory: Calgarian Entrepreneurs and Experts Asked to Weigh in on National Entrepreneurship Action Plan Hosted by CYBF

CALGARY, ALBERTA--(Marketwired - Jan. 27, 2014) - The Canadian Youth Business Foundation (CYBF) invites members of the media to the Calgary roundtable of Action Entrepreneurship: Growing Young Enterprise on Tuesday, January 28, 2014.

Roundtable discussions will be based on recent research which found opportunities to create a more entrepreneurial Canada and better support youth enterprise:

  • To capitalize on Canada's entrepreneurial potential, we must promote, inspire, and expand young enterprise
  • Youth entrepreneurship benefits Canada by reducing unemployment rates, creating high-value jobs for others and satisfying the demand for self-determination
  • Its relatively low start-up and labour costs, strong public policy, and accessibility of initial funding earned Canada a place among the top five G20 countries to start a business
  • The birth rate of new enterprises is high, and about half survive their first five years
  • Key challenges facing young entrepreneurs today include: lack of awareness; neutral/negative community reception; fear of failure; and lack of success stories

This 10-city roundtable series convenes the best and brightest young entrepreneurs with business and non-profit leaders, educators, policy makers and other to identify the best opportunities to expand Canadian youth entrepreneurship. The series will culminate in a national summit in Toronto in May 2014 aimed at agreeing on and committing to an action plan.

Who: Calgary-based young entrepreneurs and entrepreneurship experts will be joined by guest speakers, including:
The Honourable Dave Hancock, Deputy Premier, Minister of Innovation & Advanced Education;
Julia Deans, CEO, CYBF;
Rob Price, Director, Alberta, CYBF;
Michele Fugiel Gartner, Director, Strategic Investments and Operations;
Kimberley Neutens, Director, Hunter Centre for Entrepreneurship and Innovation, University of Calgary;
Barbara McLean-Stollery, President, Executive Airways Grooming Services;
Derek Major, CEO, AEligeo CRM Inc.
What: Participants will draw from their insights, personal experiences and the latest evidence-based research (available at to recommend ways to expand youth entrepreneurship, concentrating on four key drivers: mindset, skills, resources and markets.
Where: University of Calgary
Dining Centre
Blue Room
165 University Gate NW
Calgary, AB T2M 4S7
When: Tuesday, January 28, 2014, 8:30 a.m. to 1:00 p.m. (refreshments provided).

A complete schedule of CYBF roundtables, agenda and locations is also available at: Please follow us on Twitter: @CYBFCanada / #AECanada.

About the Canadian Youth Business Foundation

The Canadian Youth Business Foundation (CYBF) is a national non-profit organization dedicated to growing Canada's economy one young entrepreneur at a time. We look at character, not collateral, when providing youth aged 18-39 with pre-launch coaching, business resources, low-interest financing of up to $15,000, and industry leading mentoring to help them launch and sustain successful businesses. CYBF's co-financing partner, the Business Development Bank of Canada, leverages CYBF's application process to provide up to $30,000 in additional support for CYBF entrepreneurs.

Established in 1996, CYBF has been recognized as a global leader in advancing youth entrepreneurship. CYBF is a founding member of the G20 Young Entrepreneurs' Alliance, the Canadian member of The Prince's Youth Business International, and the Canadian host of Global Entrepreneurship Week.

Contact Information

  • For more information, to confirm attendance
    or to arrange an interview, please contact:
    Mallory McCredie
    NATIONAL Public Relations
    403-531-0331 EXT. 253 or Mobile: 403 652-6265