CYBF Welcomes New Community Partner [engage]

May 26, 2011

RED DEER, AB – May 26, 2011 – The Canadian Youth Business  Foundation (CYBF) is pleased to welcome [engage] to its network of Community  Partners. To celebrate [engage]’s support for youth entrepreneurship and commitment  in assisting CYBF, an official partnership launch luncheon will be held on Thursday  May 26, from 11:30-1:00pm at the Holiday Inn on 67 Street, Red Deer.

CYBF, Canada’s go-to place for youth  entrepreneurship, relies on its Community Partners (CP) to act as local  representatives in their communities. CPs offer guidance and resources to  budding entrepreneurs in the business planning stage and beyond. CPs bring  together Loan Review Committees to support the selection of young entrepreneurs  for CYBF programs and they enlist the help of community business leaders to  volunteer as mentors. Together, CYBF and CPs work to ensure young, passionate  entrepreneurs have the tools and resources they need to be successful in Canada  and beyond.

“We are pleased to be working with  [engage], a volunteer-driven group of current and future business leaders in  Red Deer, to promote youth entrepreneurship,” said Christi Millar, Director, CYBF  Alberta. “[engage] volunteers understand the importance, the challenges and the  opportunities associated with starting and running a business because many of  them are entrepreneurs themselves. Through this partnership, we look forward to  reaching out to young entrepreneurs in central Alberta to help them start a  business and contribute to the economic development of their communities.”

“[engage] is very excited to work with  CYBF,” said Tyler Bowman, Vice President, [engage]. “The goals of CYBF align  perfectly with [engage]’s mandate to support young professionals and  entrepreneurs in central Alberta. We are happy to be promoting CYBF’s programs  and taking part in the loan review process at a local level.” [engage] strives  to develop the skills, knowledge and networks of young professionals in central  Alberta by offering relevant and informative events, presentations and courses.  It joins the roster of the more than 170 CYBF Community Partners in cities  within all 13 Canadian provinces and territories.

Economic development in Red Deer has a  significant impact on Alberta’s economy as a whole. To support aspiring young  entrepreneurs in this city, CYBF will also begin hosting a six-part business  planning workshop series, starting on May 28th, to give them the  tools they need to start their own businesses. More information can be found at  www.cybf.ca/news-events/goa.php.

—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 Canada’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. We help them launch and sustain a  successful entrepreneurial business. www.cybf.ca

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