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Thursday October 3rd, 2013

Posted at 2:00pm

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The Canadian Youth Business Foundation, a national non-profit dedicated to “growing Canada’s economy one young entrepreneur at a time” is bringing a series of workshops and financing opportunities to Windsor.

The Big Idea Labs is a pilot initiative developed in partnership with Federal Economic Development Agency for Southern Ontario and the National Research Council of Canada (NRC–IRAP) which will be providing workshops, start-up financing and grants to help graduates and newly-unemployed workers between 18 and 39 with expertise in science, technology, engineering and mathematics start their own businesses.

Taking place in Windsor and around Southern Ontario this fall, the workshops will offer participants a methodology to design breakthrough business ideas. After attending the workshops, participants can apply to receive up to $45,000 in start-up financing as well as mentoring and business resources to help launch their businesses through CYBF’s Start-up Program.

“This pilot program is designed to help new entrepreneurs link the value proposition of their innovative ideas directly to the needs of their target clients, increasing their likelihood of commercial success,” said Bogdan Ciobanu, Vice President of NRC-IRAP.

“With increasing competition for high-tech jobs and recent lay-offs in the industry, The Big Idea Labs helps participants differentiate their skill sets and access the tools they need to create new businesses,” said Julia Deans, CEO of the Canadian Youth Business Foundation. “We are thrilled to be working with the Government of Canada and other partners through this initiative to foster innovation and support economic growth around southern Ontario.”

“Our investment helped make The Big Idea Labs a reality and stresses the importance of science and innovation—and the potential it holds—for brilliant young minds,” said the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario. “By supporting these projects, the Government of Canada is helping to ensure our young people have the opportunity to become the next generation of innovators, entrepreneurs and problem-solvers.”

Workshops will be held in Windsor on November 6th and December 11th.

For more information and to register, visit www.cybf.ca/thebigidealabs.

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