Help for Ontario Young Entrepreneurs

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Help for Ontario Young Entrepreneurs

Province Announces Winners of Make Your Pitch Competition

Ontario is helping promising young entrepreneurs kick-start their business ideas through the Young Entrepreneurs, Make Your Pitch competition.

Competition winners were announced today at OCE Discovery in Toronto. The six successful high school students will receive $750 towards their postsecondary education from Desire2Learn and a reserved spot in Ontario’s Summer Company program.

The six winners are:

  • Ramez Fazelyar of Toronto for The Guy Box
  • Iman Jaffari of Toronto for Foodpost
  • Nish Kapuria of Kingston for Voluntree
  • Quinsea McKenna of Collingwood for Fundja
  • George Oni of Hamilton for Kemies
  • Riley Tsang of Windsor for Simplistic Lawn Care

Ontario’s 2013 Budget introduced the government’s Youth Jobs Strategy to help more youth find jobs or start their own businesses, while helping employers find the skilled workers they need to thrive in the global economy. If the Budget is passed, the government would invest $295 million over two years to create employment opportunities for about 30,000 youth, while promoting innovation and entrepreneurship.

Helping young entrepreneurs succeed is part of the new Ontario government’s plan to build a prosperous and fair province.

Quick Facts

  • Close to 100 students entered the online competition, which involved creating a video up to two minutes long describing an idea for a new business or innovation.
  • Summer Company provides youth aged 15-29 years old with up to $3,000 and hands-on coaching and mentoring to start and operate their own business. In 2013 the program will expand by 20 per cent, creating 100 additional new youth-led companies.
  • Ontario has created 401,900 jobs since June 2009, exceeding the number of jobs lost in the recession by 136,100.

Ministry of Economic Development, Trade and Employment, May 28, 2013

Source: http://news.ontario.ca/medt/en/2013/05/ontario-helps-young-entrepreneurs-launch-own-companies.html

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Author: AllOntario Team

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