Canadian university and college students compete for $10,000 at the 22nd annual Enactus Student Entrepreneur National Competition
TORONTO, Oct. 31, 2018 /CNW/ - Canada's most gifted young entrepreneurs will vie for a shot at the $10,000 grand prize during the 22nd annual Enactus Student Entrepreneur National Competition. Twelve finalists will win flights and accommodations to attend the 2019 Enactus Canada National Exposition, proudly presented by HSBC Bank Canada, from May 7-9 in Vancouver.
Open to students across the country who run a business and attend a Canadian university or college full time, the young entrepreneurs will pitch their ideas to top executives in a bid for the grand prize while first and second runners-up will receive $4,000 and $2,000 cash prizes, respectively.
"When given an opportunity to flourish, today's young entrepreneurs turn their creative business ideas into tomorrow's strongest enterprises," said Sandra Stuart, President and Chief Executive Officer at HSBC Bank Canada. "We're proud to support Canada's budding business leaders as they pursue innovative and sustainable ventures."
The Student Entrepreneur National Competition aims to help young business leaders network with like-minded students, showcase their ventures to top executives and entrepreneurs, and accelerate the growth of their businesses.
"This is an incredible opportunity for student entrepreneurs to gain exposure for their businesses," says Nicole Almond, president of Enactus Canada. "Entrepreneurs are the foundation of this country and Enactus Canada is proud to support young, hardworking students who are creating new jobs and working together to transform Canada's innovation ecosystem."
Past competition winners include successful entrepreneurs such as Jen Ger of jewelry company Foxy Originals, and Alex MacLean, founder of EastCoast Lifestyle, a clothing and lifestyle brand.
Natalia Mykhaylova, owner of WeavAir and student at the University of Toronto was named 2018 Student Entrepreneur National Champion. To learn more about her business, visit http://enactus.ca/university-of-toronto-student-entrepreneur-named-national-champion-and-wins-10000/
Nominations, including self-nominations, will be accepted at enactus.ca/se until Wednesday, November 22, 2018.
The Student Entrepreneur National Champion will receive a $10,000 cash prize and the John Dobson Cup. To be eligible for the award, students and their businesses must meet the following criteria:
- Be a full-time undergraduate and/or graduate student at a Canadian university or college for the current academic year
- Be a founder and have at least 25 per cent ownership of the company with no other individual or group with greater ownership, and be the individual primarily responsible for the business' operation
- Have been in business for at least the past six months
- Have not been a previous National Champion of this competition or competed in the final round of the Student Entrepreneur National Competition during the previous school year
ABOUT ENACTUS CANADA: Enactus Canada, the country's largest post-secondary experiential learning platform, is shaping entrepreneurial leaders who are passionate about advancing the economic, social and environmental health of Canada. Guided by academic advisors and business experts, 3,498 entrepreneurial post-secondary students led 270 community empowerment projects and business ventures last year in communities coast to coast. As a global network of 36 countries, Enactus uses the power of entrepreneurial action to transform lives and shape a better, more sustainable world. For more information visit, enactus.ca.
SOURCE Enactus Canada
For further information: Media inquiries: Abby Fong, North Strategic, Abby.firstname.lastname@example.org, 647-404-5668