Outstanding Entrepreneurs Shape the Canadian Business Landscape

    The CYBF Celebrates Successful Entrepreneurs and the People Who Guide

    TORONTO, March 7 /CNW/ - The Canadian Youth Business Foundation (CYBF),
will recognize people from across Canada who lead the way in entrepreneurship
at the CYBF 2008 Chairman's Awards Gala on Wednesday, April 30, 2008, at the
Royal Ontario Museum/Michael Lee-Chin Crystal in Toronto, generously presented
by Bayview Residences of Victoria, B.C.
    "CYBF recognizes the talent and determination of Canada's young
entrepreneurs nationwide," says Vivian Prokop, CYBF's CEO. "While others may
be sceptical, we are not. We know how successful young entrepreneurs can be,
if given a chance. We're thrilled to honour two internationally-renowned
business leaders, along with our best young entrepreneurs and the mentors and
community partners who guide their way."
    Mr. Michael Lee-Chin, Chairman, Portland Holdings Inc. and Mr. Serge
Godin, Founder and Executive Chairman, CGI Group Inc., will each receive the
2008 CYBF Lifetime Achievement Award at the Gala for their outstanding
contributions to Canada's entrepreneurial spirit.
    "Being an entrepreneur requires the ability to be motivated and focused
on your long term goals so that you can build a legacy. The CYBF Chairman's
Awards recognize entrepreneurs who have succeeded and will continue to excel
in business," said Lee-Chin, a successful entrepreneur. "I am honoured to be
receiving this award."
    Godin, another accomplished entrepreneur, is equally honoured that CYBF
named him a Lifetime Honouree.
    "CYBF has proven that they are able to provide young people with the
tools to shape their own business identity and achieve success," said Godin.
"CGI is based on a climate of innovation and initiative where we empower our
members with a sense of ownership and nurture the entrepreneurial spirit. I'm
pleased to be associated with an organization that shares our common values,
and proud to accept this award on behalf of all of CGI's 26,500 members."
    CYBF is proud to announce its 2008 Chairman's Awards Winners who will be
honoured at the upcoming ceremony. One of these outstanding young
entrepreneurs will receive the National Best Business Award and win
$20,000 for business expansion(*). The winner will be announced at the gala.

    The award winners from the west to east coast of Canada are listed below.

    2008 CYBF British Columbia Best Business Award, Vancouver

    DreamLife Design Inc.
    Robert Kenfield

    2008 CYBF Alberta Best Business Award, Calgary

    Stealth Acoustical & Emission Control Inc.
    Colin Davison

    2008 CYBF Central Prairies Best Business Award, Winnipeg

    South Sherbrook Therapy
    Jason Moniz

    2008 CYBF Ontario Best Business Award, Toronto

    Sinden Home and Lifestyle Inc.
    Jodi Sinden

    2008 CYBF Québec Best Business Award, Québec

    Nutra-Fruit Inc.
    Jean-François Veilleux

    2008 CYBF Atlantic Best Business Award, Halifax

    Talay Thai Restaurant Limited
    Bang Dao
    Kim Dao

    2008 CYBF Outstanding Mentor Award, Boucherville, Québec

    Jean-Guy Furois, Mentor to G.G. Telecom

    2008 CYBF Outstanding Community Partner Award, Saskatoon, Saskatchewan

    Global Infobrokers Inc.
    Monica Kreuger

    (*)The award money is privately funded by an anonymous third party.

    The Canadian Youth Business Foundation (CYBF) is a national charity that
provides youth, age 18-34, who have a great business idea but are unable to
access funds through other traditional sources, with the start-up financing,
mentoring and business resources to create their own successful business.
Lending based on character not collateral, CYBF's mandate is to keep
entrepreneurship alive and well to create economic prosperity in communities
across Canada.
    Since founded in 1996, CYBF has invested in more than 2,300 young
entrepreneurs, whose businesses have generated more than $255 million in sales
revenue, $60 million in tax revenue, $27 million in export revenue, and
created more than 12,700 new jobs. Through CYBF's national framework of
community partners we are able to deliver our program to more than
1,300 communities across Canada. CYBF is an accredited member of Youth
Business International, a global network of business start-up organizations.
CYBF is headquartered in Toronto, Ontario, with offices across Canada.
Information about CYBF is available at www.cybf.ca.

For further information:

For further information: Katrina White, VP Marketing & Communications,
Phone: (416) 408-2923 ext. 2115, Email: kwhite@cybf.ca

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