Canadians Selected to Mentor American Entrepreneurship Organization

March 4, 2011

Canadian Youth Business Foundation to Mentor California-based Youth Business America

TORONTO  – March 4, 2011 – Today, the Canadian Youth Business Foundation (CYBF) will leverage its  tremendously successful 15-year track record in building Canada’s next  generation of entrepreneurs by participating in a unique venture to formally  mentor the newly developed Youth Business America (YBA) in its start-up phase.

California-based  YBA will represent the U.S. within The Prince’s Youth Business International  (YBI) worldwide network of youth entrepreneurship programs operating in 35  countries. As a seasoned member, CYBF occupies a key role in the YBI network, founded  in 2000 by HRH The Prince of Wales. Accenture, a global management consulting,  technology services and outsourcing company, has joined forces with YBI and  CYBF on this initiative.

The  “best of breed” training is anticipated to provide YBA with an intensive  learning opportunity from the mature and successful CYBF as the basis to lay an  early and solid foundation which will be critical in the facilitation of YBA’s planned  expansion across the U.S.

“We  are honoured to have been asked to mentor the Youth Business America program,”  says Vivian Prokop, chief executive officer of the Canadian Youth Business  Foundation. “With our in-depth expertise, growth and success ratios in  advancing entrepreneurship in Canada, we have built a globally-recognized model  and are able to share valuable knowledge and IP with our American neighbours.  We are very grateful for the collaborative support of Accenture Canada, which  will allow CYBF to expand our reach and impact in building a true culture of  youth entrepreneurship beyond our own borders.”

The  formal one-year mentorship between CYBF and YBA will kick off with a rigorous  three-day integration workshop at the CYBF offices in Toronto.

–30–

About the Canadian Youth Business  Foundation – Canada’s Entrepreneur Gateway
The Canadian Youth Business Foundation  (CYBF) is the ‘go to’ place for youth entrepreneurship. As a national charity,  we are dedicated to growing our nation’s economy one young entrepreneur at a  time. We look at character not collateral, when providing youth, age 18-34,  with pre-launch coaching, business resources, start-up financing and mentoring,  to help them launch and sustain a successful entrepreneurial business. www.cybf.ca

About  Accenture:
Accenture is a global management  consulting, technology services and outsourcing company with approximately  211,000 people serving clients in more than 120 countries. Combining  unparalleled experience, comprehensive capabilities across all industries and  business functions, and extensive research on the world’s most successful  companies, Accenture collaborates with clients to help them become  high-performance businesses and governments. Its home page is www.accenture.com

CYBF Media  Contact: 
Rachel Azagury
Senior Manager, Marketing and Communications
Email: razagury@cybf.ca
Phone:  416-408-2923 x2111
Cell: 647-834-2923