Jeune Chambre de Commerce de Montréal

Jeune Chambre de Commerce de Montréal

October 25, 2005 23:59 ET

The 2006 edition of the Anges financiers de Montréal competition takes wings

MONTREAL, Oct. 25 - The 10th annual Anges financiers de Montréal competition was launched earlier today by the Honorary President, Mr. Jean-René Halde, President and Chief Executive Officer of the Business Development Bank of Canada (BDC). Presented by Canada Economic Development, the goal of this event is to help young entrepreneurs with new and innovative
ideas connect with experienced businesspeople prepared to invest in their projects. It is open to all entrepreneurs in the province of Quebec between the age of 18 and 40 and is organized jointly by the Fondation du maire de Montréal pour la jeunesse (fmmj) and the Jeune Chambre de commerce de Montréal (JCCM).

"Today's young entrepreneurs are characterized by the energy, passion and commitment they have for their businesses," said Jean-René Halde, the 2006 Honorary President of Anges financiers de Montréal. "By supporting them - an objective BDC shares with the Anges financiers competition - we also protect the important contribution they make to the economy."

Young entrepreneurs interested in registering should submit their candidacies by no later than January 30, 2006. Information regarding the competition and the rules can be found by consulting the official website ( www.angesfinanciers.qc.ca ). Twenty projects will be chosen from among the projects submitted and will be presented during the Anges financiers de Montréal gala dinner to be held March 29, 2006. This evening represents a unique opportunity for young and innovative entrepreneurs to connect with experienced business leaders, the 'Angels', and to benefit from their willingness to invest either time and/or money in their projects.

From among the entrepreneurs selected to present at the gala, the most impressive of these will be asked to present their projects to potential investors. Winners in the categories Best Start-up and Best Growing Business will each receive a grant of $10,000 sponsored by Canada Economic Development and Samson Bélair/Deloitte & Touche. In addition, a $5,000 Jury's Pick award will be given by Sun Life Financial.

About the fmmj

The Fondation du maire de Montréal pour la jeunesse (fmmj) is a non-profit organization with a mission to help young, low-income Montrealers to start up a business, including the artistic community. Its grant program acts as a spark to trigger financing. Its network provides access to support and mentoring services that contribute to the success of the businesses funded. The actions taken by the Fondation are based on a spirit of social consciousness, mutual aid and reciprocity. Since 1996, the fmmj has provided $2,780,745 in grants to young Montrealers between the ages of 18 and 35. These grants have allowed the implementation of 494 projects and the creation of over 1,046 jobs.

About the JCCM

The JCCM is an association of young executives, professionals, entrepreneurs and self-employed business people under the age of 40. Founded in 1931, it represents some 1,400 members, whose average age is 32. Its mission is to foster the professional and personal development of young businesspeople in metropolitan Montreal, to promote their interests and to contribute to the vitality of the environment in which they evolve. The JCCM is a premier meeting place for those who want to make a difference and take active part in the discussions that shape the future of society.

About BDC

The Business Development Bank of Canada is a financial institution wholly owned by the Government of Canada. It plays a leadership role in delivering financial, investment and consulting services to Canadian small businesses, with a particular emphasis on the technology and export sectors of the economy.

Contact Information

  • Isabelle Sauvageau,
    Fondation du maire de Montréal pour la jeunesse
    (514) 872-2939

    Olivier Champion
    Jeune Chambre de commerce de Montréal
    (514) 845-4951, ext. 24