TORONTO, July 10, 2012 /CNW/ - A program designed for Canada's most
outstanding young entrepreneurs has launched its annual search for the
country's next great business builders. The Next 36, championed by
Galen Weston, Paul Desmarais Sr., Jimmy Pattison and many others, is
now accepting applications for its 2013 cohort. Interested
undergraduates have until October 25th to submit their application and win a place in the country's most
innovative, selective and demanding entrepreneurial leadership program.
The Next 36 is being described in the media as "the most intense,
hot-house effort to force grow entrepreneurs ever attempted in Canada,"
and by students as "more impactful than university." In less than two
years, the program has already won the backing of the presidents of
five leading Canadian universities (University of Toronto, Western
University, McGill University, University of Waterloo and The
University of British Columbia), and by a long list of prominent
Canadian business leaders and entrepreneurs.
Each year, 36 promising undergraduates are selected from a variety of
academic disciplines, and from across Canada, through a rigorous
national selection process. The young entrepreneurs build a business in
the mobile or tablet space together in teams of three. For 8 months
they are provided mentorship from some of Canada's top business
leaders, up to $80,000 cash from top venture capitalists, and academic
instruction from some of the world's top faculty.
This year's ventures have already had early success, earning recognition
and rewards at a number of start-up competitions and conferences across
North America. Last month, PenyoPal, a 2012 Next 36 venture that
teaches children Mandarin through interactive mobile games, was
selected the Best Overall 1.0 Startup after launching onstage at
Microsoft in Mountain View. PenyoPal was one of eight stealth
ventures, selected from over 300, and the only Canadian start-up given
the opportunity to compete. Jane Wu, a Queen's University graduate and
one of PenyoPal's co-founders credits The Next 36 with accelerating her
development, saying, "I've grown so much in such a short amount of
time. I've learned how to embrace risk and ambiguity and sharpen my eye
When asked what she would tell potential applicants, Jackie Cook, a
commerce student from the University of Saskatchewan and candidate in
this year's cohort said, "If you like to be challenged and want to be a
part of something that will transform Canada's next generation, The
Next 36 is an incredible opportunity." Cook, Wu and their fellow
candidates from the second cohort will be pitching in front of
investors from across North America at Venture Day on August 14.
Canadian undergraduate students who wish to be part of The Next 36 can
submit their full application by the September 18th Early Application deadline for a chance to secure an advanced spot at
the National Selection Weekend. Finalists are flown to Toronto for the
weekend, which starts November 30, where the candidates will be chosen
and ventures will be formed.
"We are seeking outstanding undergraduates from across Canada in their
third, fourth and/or final year of study, in any academic program,"
says Claudia Hepburn, co-founder of The Next 36 and its executive
director. "We want innovators and achievers from all
backgrounds--individuals who have the desire and potential to build
For more information, please visit: www.thenext36.ca
SOURCE The Next 36
For further information:
Director, Marketing & Events. The Next 36