Non-profit supported the launch of 995 new Canadian businesses in the last 12 months<\/p>\n\n\n\n
Organization sees a 24% increase in businesses supported<\/p>\n\n\n\n
39% of businesses supported by Futurpreneur Canada were owned solely by women<\/p>\n\n\n\n
For immediate release<\/strong><\/p>\n\n\n\n TORONTO \u2013 (April 16, 2015)<\/strong> \u2013 Futurpreneur Canada is pleased to announce that it has helped launch 995 new businesses<\/strong> in communities across Canada in the past 12 months by providing financing and mentoring to young entrepreneurs . This represents a 24% increase compared to the last fiscal year, with an additional 195 new enterprises launched . In addition, Futurpreneur Canada\u2019s most recent demographic information shows a significant number of young women who are pursuing entrepreneurship. In the past 12 months, 39% of Futurpreneur Canada-supported businesses launched were solely owned by women. The currently reported national average for female-only owned small businesses is 13.5% .<\/p>\n\n\n\n \u201cWe\u2019re seeing more young people than ever turning to entrepreneurship as a career option, and with the support of public and private sector funders, community partners and mentors, we expect to help even more young entrepreneurs in the next twelve months,\u201d said Julia Deans, CEO, Futurpreneur Canada<\/strong>. \u201cIt\u2019s so important that we rally together to meet this need \u2013 these young entrepreneurs are critical to creating jobs, building communities and strengthening our economy.\u201d<\/p>\n\n\n\n Futurpreneur Canada is a national, non-profit that provides financing, mentoring and support tools to aspiring business owners aged 18-39. Since its inception in 1996, the organization has collaborated with all levels of government, corporate supporters and community partners to advance youth entrepreneurship in Canada and to help serve entrepreneurs in every sector and location across the country. As a result, the organization has invested in 7,500 entrepreneurs<\/strong>, who have created an estimated 29,800 jobs <\/strong>and an estimated $217,000,000 in tax revenue.<\/strong><\/p>\n\n\n\n For more information about Futurpreneur Canada, please visit staging.futurpreneur.ca<\/a>, like Futurpreneur<\/a> on Facebook and follow @Futurpreneur<\/a> on Twitter.<\/p>\n\n\n\n \u2013 30 \u2013<\/p>\n\n\n\n About Futurpreneur Canada<\/strong><\/p>\n\n\n\n Futurpreneur Canada (formerly the Canadian Youth Business Foundation, or CYBF) has been fueling the entrepreneurial passions of Canada\u2019s young enterprise for nearly two decades. We are the only national, non-profit organization that provides financing, mentoring and support tools to aspiring business owners aged 18-39. Our internationally recognized mentoring program hand matches young entrepreneurs with a business expert from a network of more than 2,800 volunteer mentors. Futurpreneur Canada is a founding member of the G20 Young Entrepreneurs\u2019 Alliance<\/a>, the Canadian member of Youth Business International<\/a>, and the Canadian host of Global Entrepreneurship Week<\/a>. staging.futurpreneur.ca<\/a>. Facebook: Futurpreneur<\/a> Twitter: @Futurpreneur<\/a><\/p>\n\n\n\n For interview opportunities and media inquiries, please contact: <\/strong><\/p>\n\n\n\n