McGuinty Government Launches Business Plan Competition Across Ontario

    Competition Seeks Out Future Business Leaders

    TORONTO, Sept. 4 /CNW/ - The McGuinty government today launched the 2008
Ontario Secondary School Business Plan Competition, encouraging creative and
innovative ideas from future entrepreneurs.
    "Ontario's best and brightest students are creating business plans that
could drive companies they may develop as young entrepreneurs," Ontario
Minister of Small Business and Entrepreneurship Harinder Takhar said. "These
young people exemplify the spirit, intelligence and creative ideas that will
lead to a bright future for them and communities across Ontario. Their efforts
should be recognized."
    Award ceremonies recognizing the 2007 award winners will be held
simultaneously November 24 in Ajax, Niagara Falls, Renfrew and Kenora
representing Central, Western, Eastern and Northern regions. The regional
award events are hosted by the local Small Business Enterprise Centres.
    Student finalists compete for a range of cash awards with the goal of
becoming the Regional Winner. The Provincial Champion, selected from the
regional winners, will receive an additional $1,500.
    "As a former entrepreneur, I fully understand the challenges of running a
business in a competitive marketplace," Takhar said. It's our goal to provide
our youth with the opportunity to develop the essential skills they need to
lead our businesses on the world stage for years to come."
    As part of the Ontario government's initiative to promote youth
entrepreneurship, 41 Small Business Enterprise Centres in Ontario worked with
188 secondary schools across the province to coordinate the 2007 local
business plan competitions. Students also have the opportunity to implement
their business plans through Ontario's 2008 Summer Company program, which will
accept applications beginning in November.

    Disponible en français


For further information:

For further information: Leigh-Ann Popek, Minister's Office, (416)
326-1946; Eric Shapiro; Communications and Public Affairs Branch; (416)

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