OTTAWA, May 22, 2014 /CNW/ - The CVCA - Canada's Venture Capital &
Private Equity Association, is pleased to announce that Samuel L. Duboc
is the recipient of CVCA's 2014 Community Leadership Award, recently
renamed the 'Ted Anderson Community Leadership Award'.
The CVCA Community Leadership Award has been renamed the 'Ted Anderson
Community Leadership Award' in honour of Ted Anderson, a CVCA past
President and a pillar in the venture capital community. Ted Anderson
passed away on Thursday May 8, 2014 after a valiant battle with
cancer. He was a Partner with Ventures West for over 16 years. Ted was
President of the CVCA from 1996-1998 and was the 2012 winner of the
CVCA Community Leadership Award for his venture investing work with
SME's in Africa. Ted was continuing his passion for social investing
and was most recently the Director for the MaRS Center for Impact
The purpose of this prestigious award is to honour individual CVCA
Members who have "given back to Community". This Award serves to
highlight that, in addition to supporting Canada's economic
productivity, our members also foster strong corporate social
responsibility as a foundation to building solid, vibrant communities.
"The selection process focuses on honouring individuals who have
provided significant value to a not-for-profit organization or cause,"
said Sandra Bosela, Chair of CVCA's Awards Committee and Managing
Director, OPTrust Private Markets Group. "The Committee looks at an
individual's commitment of time and effort over a number of years to
help build and grow an organization or cause, in addition to the
raising and personal commitment of money," added Ms. Bosela.
Samuel L. Duboc is a long time member of the CVCA and is known to the
members as the Founder, President and Managing Partner of EdgeStone
Capital Partners. He previously served as Managing Director at CIBC
Capital Partners and co-founded and developed Loyalty Management Group
Canada Inc., owner and operator of the AIR MILES Rewards Program. More
recently, Mr. Duboc served as the Clifford Clark Visiting Economist and
Special Advisor on Venture Capital for the Department of Finance
Canada, leading a team in designing and implementing the Government of
Canada's Venture Capital Action Plan. In January 2014, Mr. Duboc was
appointed Chair of the Board of Directors of Business Development Bank
of Canada (BDC), where he continues to help support and develop
Mr. Duboc has contributed outstanding leadership and support to a
variety of non-profit and community organizations for over 20 years.
Mr. Duboc also plays an instrumental role in the continued success of
Pathways to Education Canada. He became involved in Pathways to
Education in 2003, when it was a small single community program in
Regent Park, Canada's oldest public housing project and one of the most
economically disadvantaged neighbourhoods in Canada. In 2005, he
co-founded and became Chair of Pathways to Education Canada, a national
organization established to dramatically scale the successful Pathways
program across Canada. Under Mr. Duboc's leadership, Pathways has
grown from a single community program in Regent Park operating with a
budget of approximately $2 million, serving some 600 students, to
serving over 8,000 students and alumni in 16 communities across Canada
from Winnipeg to Halifax and approximately $27 million in revenues a
year today. Throughout his time with Pathways, Mr. Duboc has led a
number of successful fundraising campaigns, raising in excess of $150
million, including significant fundraising support from the Government
of Canada and the Province of Ontario. Analysis done by a variety of
organizations on Pathways including the Boston Consulting Group,
confirm the Social Return on Investment of Pathways to be in excess of
$24 for every $1 invested.
"Over the past 9 years, Mr. Duboc has provided transformational
leadership to Pathways," said Ms. Bosela. "His time, expertise,
financial commitment, and his unwavering dedication has attracted and
inspired volunteers, staff, donors and students."
In 2012, Mr. Duboc co-founded the Pecaut Centre for Social Impact, with
the goal of identifying promising local charitable and social service
organizations and scaling them to create massive impact. "A key
innovation is the partnership model of the Centre where Mr. Duboc has
brought together corporate partners whose combined capabilities provide
promising charities a powerful and well-connected support system
capable of dramatically scaling their operations", explained Ms.
Bosela. Partners include the Boston Consulting Group, E&Y, Cossette,
McCarthy Tetrault and The Offord Group.
A tireless community supporter, Mr. Duboc is also a member of WPO/YPO
and CEO, Crescent School Board of Governors and Chair of the Finance
Committee, Bishop Strachan School Foundation & Board of Trustees and a
former member of the board of directors of CAMH Foundation, MaRS Social
Finance Task Force, Business Advisory Panel on Income Security Reform,
Toronto City Summit Alliance Steering Committee and Luminato Foundation
"I have spent my entire career looking for great investment
opportunities and I can say without a doubt the most personally
rewarding ventures have been those aiming to build a better and more
caring society," says Samuel L. Duboc. "Business leaders cannot hope to
be truly successful until they tap into their underlying passion for
making the world a better place for our children."
Mr. Duboc was honoured at the Gala Evening at CVCA's 2014 Annual
Conference in Ottawa, Ontario on Wednesday May 21, 2014.
"I'd like to congratulate Sam Duboc as the winner of the 2014 Ted
Anderson Community Leadership Award, who demonstrates overwhelmingly
all the qualities we were seeking in a recipient of this highly
regarded award." said Mike Woollatt, Chief Executive Officer of the
CVCA. "Mr. Duboc has demonstrated a long-standing commitment to
community leadership, contributing greatly to the sustainability and
growth of a variety of non-profit organizations."
The CVCA is the voice of Canada's venture capital and private equity
industry. The CVCA's members manage the vast majority of private
capital that is designated to grow Canadian businesses. The CVCA
fosters professional development, networking, communication, research
and education, and represents the venture capital and private equity
industry in public policy matters. The CVCA was founded in 1974. For
more information, please visit www.cvca.ca.
SOURCE: CVCA - Canada's Venture Capital & Private Equity Association
For further information:
Lauren Linton, Director of Marketing, CVCA, 416 487-0519 email@example.com
Sandra Bosela, Chair of CVCA's Awards Committee, 416 681-3019 firstname.lastname@example.org