Waterloo Business Wins National Award

October 18, 2012

Ontario Business Wins National Award

Avenir Medical Inc. named Best Innovative Business in the 2012 Canadian Youth Business Foundation Chairman’s Awards for Best Business

TORONTO, ON (October 18, 2012) – During Small Business Week®, the Canadian Youth Business Foundation (CYBF) is pleased to announce that Avenir Medical Inc. has been selected as the Best Innovative Business for the 2012 CYBF Chairman’s Awards for Best Business.

The Award recognizes a business that has discovered, developed or refined a new or existing product, service or method. As the category winner, Avenir Medical Inc. will receive a $1,000 cash prize and will vie against four other category winners for the National Best Business award, a $20,000 cash prize for business expansion.

The Award winners are among thousands who have received coaching, business resources, start-up financing and mentoring through CYBF to help them launch their businesses. The Award will be presented at a ceremony in Toronto on November 14, 2012, as part of Global Entrepreneurship Week (GEW) Canada celebrations.

“Entrepreneurs are the driving force behind Canada’s continued economic recovery and future growth,” says John Risley, Chairman, CYBF Board of Directors. “Through these Awards, we celebrate the advancement that young entrepreneurs have made in the past year and we are proud to recognize the positive impact that these businesses will have on Canada’s future. CYBF is pleased to honour Avenir Medical Inc. with the 2012 CYBF Best Innovative Business Award and congratulates Armen Bakirtzian on his success.”

Avenir Medical Inc. offers easy-to-use and affordable orthopaedic solutions for surgeons. The company’s key product, PelvAssist™, is a surgical tool that measures the precise position and orientation of hip implants and provides a digital readout. It is improving patient outcomes and offers surgeons and hospitals a cost effective and reliable improvement to traditional hip replacement technology. For more information, please visit www.avenirmedical.com.

For additional information on the 2012 CYBF Chairman’s Awards for Best Business program, please visit www.cybf.ca/awards.


About CYBF – Canada’s Entrepreneur Gateway
The Canadian Youth Business Foundation (CYBF) is the ‘go to’ place for youth entrepreneurship. As a national organization, we are dedicated to growing Canada’s economy one young entrepreneur at a time. We look at character not collateral, when providing youth, age 18-39, with pre-launch coaching, business resources, start-up financing and mentoring, to help them launch and sustain a successful entrepreneurial business. CYBF is the founder of G20 Young Entrepreneur Summit (G20 YES) and founding member of the G20 Young Entrepreneurs’ Alliance (G20 YEA). www.cybf.ca

® Small Business Week is a registered trademark of the Business Development Bank of Canada (BDC).

CYBF Media Contact:
Lesley Wilmot
Director, Marketing and Communications
Email: lwilmot@cybf.ca
Phone: 866-646-2923 Ext. 2203, Cell: 647-680-8165