Spin Master Ltd. and Canadian Youth Business Foundation Announce the Recipients of the Spin Master Innovation Fund
Enhancing the Canadian economy, one entrepreneur at a time
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 09/07/11 -- Today the Spin Master Innovation Fund announced the 2011 recipients of the Spin Master Innovation Program. In partnership with the Canadian Youth Business Foundation (CYBF), Spin Master Ltd. is thrilled to introduce the next level of highly innovative entrepreneurs to the rest of the country.
The short-listed finalists had the opportunity to present their innovative business plans to an elite group, the Spin Master Innovation Fund (SMIF) Selection Panel. Participating in the selection panel were; Ronnen Harary, Chairman and Co-CEO of Spin Master Ltd., David Cynamon, CEO of K2 Pure Solutions, Louis D'Allaire, Assistant Vice President, Client Experience, Business Development Bank of Canada, Valerie Fox, Director, Ryerson Digital Media Zone, Ryerson University and John Risley, Chairman, Clearwater Fine Foods and Chairman, CYBF.
The recipients impressed the SMIF Selection Panel with creative presentations, innovative business plans and, above all, their unsurpassed character, which will surely lead them to the tops of their fields.
The 2011 Recipients of the Spin Master Innovation Fund are (in no particular order):
"With the Spin Master Innovation Fund we have taken this opportunity to give back to young entrepreneurs across Canada," says Spin Master's Chairman and co-CEO, Ronnen Harary. "The amount of innovation, passion, integrity and outstanding character demonstrated by all of the recipients was amazing to see as each business plan was rolled out."
Developed to encourage young entrepreneurs to turn their innovative idea into a booming business, the Spin Master Innovation Fund received enthusiastic responses from all over the country. In celebration of the Government of Canada's recent designation of 2011 as the Year of the Entrepreneur, the Spin Master Innovation Fund gives the recognition that everyone with an innovative business idea has to start somewhere and have someone believe in them.
"The Spin Master Innovation Fund (SMIF) recipients showed an outstanding ability to think creatively and act independently," says Vivian Prokop, Chief Executive Officer of the Canadian Youth Business Foundation. "They are leaders and innovators that, with the financing, mentoring and support they will receive from the SMIF, now have the golden opportunity to become Canada's next business success story by building unique and successful businesses."
For these successful recipients who have taken the leap and turned their innovative idea into reality, this announcement is only the beginning. They have all received packages including, $50,000 in financing through CYBF and its affiliate, Entrepreneur Gateway Canada. A hand-matched innovation mentor, specifically recruited by CYBF's mentoring program, who will provide each entrepreneur with a sounding board for the first two years. They have also been invited to an exclusive two-day Innovation Launch Pad Workshop in Toronto featuring access to a Spin Master Innovation Fund Advisory Team and an interactive workshop including robust educational and networking opportunities. Continuous opportunities include ongoing exclusive access to an online community with access to webinars and business tips from national business advisors.
Spin Master Ltd.
A multi-category children's entertainment company since 1994, Spin Master has been designing, developing, manufacturing and marketing consumer products for children around the world and is recognized as a global growth leader within the toy industry. Spin Master is best known for such popular brands as boy's action phenomena and 2010 Boys Toy of the Year winner Bakugan Battle Brawlers™, and award-winning brands Air Hogs®, Aquadoodle™, Tech Deck™, Moon Sand™, Liv™, and Zoobles™. The company has also marked an entry into children's media with the launch of Spin Master Entertainment, a subsidiary focusing on the design, development and production of television and other media properties. Spin Master employs over 1,000 people with offices in Toronto, Los Angeles, London, Paris, Hong Kong, Mexico, Munich, and central Europe. For additional information please visit: .
Canadian Youth Business Foundation
Canada's Entrepreneur Gateway
The Canadian Youth Business Foundation (CYBF) is the 'go to' place for youth entrepreneurship. As a national charity, we are dedicated to growing Canada's economy one young entrepreneur at a time. We look at character not collateral, when providing youth, age 18-34, with pre-launch coaching, business resources, start-up financing and mentoring, to help them launch and sustain a successful entrepreneurial business.
Contacts:
Harold Chizick
VP of Global Communications & Promotions
Spin Master Ltd.
416-364-6002 ext. 2238
Rachel Azagury
Senior Manager, Marketing and Communications
CYBF
416-408-2923 x2111
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Datum: 07.09.2011 - 14:17 Uhr
Sprache: Deutsch
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