Canadian Youth Business Foundation

Canadian Youth Business Foundation
Women's Enterprise Centre

November 20, 2013 11:30 ET

A New Partnership Between the Canadian Youth Business Foundation and Women's Enterprise Centre

Coming together to support youth entrepreneurship

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 20, 2013) - The Canadian Youth Business Foundation (CYBF) is pleased to announce an exciting new partnership with Women's Enterprise Centre (WEC). The creation of this partnership will continue to grow female entrepreneurship across British Columbia.

"I am delighted that Women's Enterprise Centre and Canadian Youth Business Foundation are working more closely together. We both share a common vision of helping entrepreneurs and small business owners through financing, resources and mentoring. Through this alliance, we hope many young female entrepreneurs will have access to new opportunities to continue to grow their businesses," says Laurel Douglas, CEO of the Women's Enterprise Centre.

Jill Earthy, Regional Director BC & Yukon for CYBF said, "We are thrilled to be working with The Women's Enterprise Centre to reach more female entrepreneurs across the province who are starting businesses. The proven combination of inexpensive financing and mentorship will contribute significantly to the success of these small businesses, and ultimately the community."

Nearly 37% of all BC entrepreneurs and small business owners are women. Through this new strategic partnership, both organizations will help young women entrepreneurs start and grow their businesses and become successful entrepreneurs in their communities.

Jessica Cruise, Founder & CEO of Vibes Fitness, a young female entrepreneur who obtained financing and through CYBF and is now a mentor with WEC, is an excellent example of the new partnership. "The support that CYBF offered in the initial stages of building the business was a key factor in our ability to grow quickly. We have gone from 1 location in 2009 to 5 location in 2013! Throughout the past 5 years I have also been able to give back as a mentor and speaker through the Women's Enterprise Centre which allows me to stay connected with these two amazing resource centres that got me started!"

Through this new formal partnership, both organizations will help young women entrepreneurs start and grow their businesses and become successful entrepreneurs in their communities.

About Women's Enterprise Centre

Women's Enterprise Centre is the leading business resource for BC women who own a business or are thinking of starting a business. Our team of professionals provides business loans up to $150K, skills training, business advice, mentors, resources and a supportive community to help women start, grow and succeed in their business. See our website www.womensenterprise.ca, our Facebook page www.facebook.com/wecbc or call 1.800.643.7014.

About Canadian Youth Business Foundation

CYBF offers young entrepreneurs age 18-39 a start-up package of mentorship and financing of up to $15,000 via low interest rate start-up financing and may qualify for a match or double match of financing up to $30,000 via CYBF's partnership with BDC- Business Development Bank of Canada. In addition to financing and mentorship, CYBF offers young entrepreneurs with in-person and online resources to succeed in starting up their business. For more information, please visit www.cybf.ca, our BC regional Twitter page www.twitter.com/CYBFBC, or call 1-800-464-2923.

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