{"id":6136,"date":"2013-09-18T12:45:53","date_gmt":"2013-09-18T16:45:53","guid":{"rendered":"https:\/\/futurpreneur.ca\/press_release\/spin-master-ltd-and-the-canadian-youth-business-foundation-announce-recipients-of-the-spin-master-innovation-fund\/"},"modified":"2024-03-04T10:17:38","modified_gmt":"2024-03-04T15:17:38","slug":"spin-master-ltd-and-the-canadian-youth-business-foundation-announce-recipients-of-the-spin-master-innovation-fund","status":"publish","type":"press_release","link":"https:\/\/futurpreneur.ca\/en\/press_release\/spin-master-ltd-and-the-canadian-youth-business-foundation-announce-recipients-of-the-spin-master-innovation-fund\/","title":{"rendered":"Spin Master Ltd. and the Canadian Youth Business Foundation Announce Recipients of the Spin Master Innovation Fund"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Spin Master Ltd. and the Canadian Youth Business Foundation Announce Recipients of the Spin Master Innovation Fund<\/strong><\/h3>\n\n\n\n<p><strong>Toronto, ON- September 18, 2013<\/strong> \u2013 Today the Spin Master Innovation Fund announced the 2013 recipients of the Spin Master Innovation Program. In partnership with Spin Master Ltd. and co-financing partner the Business Development Bank of Canada (BDC), the Canadian Youth Business Foundation (CYBF) is pleased to introduce the next group of highly innovative entrepreneurs to the rest of the country.<\/p>\n\n\n\n<p>These young entrepreneurs will each receive a start-up package of $50,000 in financing from CYBF and BDC, and a hand-matched mentor from CYBF\u2019s industry-leading mentoring program. They will also come together once again in Toronto, from September 30 &#8211; October 1, to attend a two-day Innovation Launch Pad Workshop, with mentoring from top-tier Spin Master executives and specially designed educational workshops and networking opportunities.<\/p>\n\n\n\n<p><strong>The 2013 Recipients of the Spin Master Innovation Fund are:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>George Phu &amp; Harjas Dogra,<strong> <\/strong><a href=\"http:\/\/grandezvous.com\/\" target=\"_blank\" rel=\"noopener\"><strong>GrandezVous<\/strong><\/a>, Mississauga, ON<strong> <\/strong><\/li>\n\n\n\n<li>Sarah Fong ,<strong> <\/strong><a href=\"http:\/\/www.suitecity.ca\" target=\"_blank\" rel=\"noopener\"><strong>SuiteCity<\/strong><\/a>, Toronto, ON<\/li>\n\n\n\n<li>Fr\u00e9d\u00e9ric Leduc, Jean Fran\u00e7ois Larrivee &amp; Simon Gaudreau,<strong> <\/strong><a href=\"http:\/\/www.ibiosolutions.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Immune Biosolutions Inc.<\/strong><\/a>, Sherbrooke, QC<\/li>\n\n\n\n<li>Miriam Groom<strong> <\/strong>, <strong>icanzoom.com<\/strong>,<strong> <\/strong>Montreal, QC<\/li>\n\n\n\n<li>Jeremy O\u2019Krafka,<strong> <\/strong><a href=\"http:\/\/mentornetwork.ca\/\" target=\"_blank\" rel=\"noopener\"><strong>MENTORnetwork<\/strong><\/a>, Toronto, ON<\/li>\n\n\n\n<li>Lily Tse,<strong> <\/strong><a href=\"http:\/\/www.thinkdirtyapp.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Think Dirty App<\/strong><\/a>,<strong> <\/strong>Toronto, ON<\/li>\n<\/ul>\n\n\n\n<p>These six companies were chosen from a short-list of finalists who pitched their innovative business plans to an elite Spin Master Innovation Fund Selection Panel. Participating in the selection panel were: Ronnen Harary, Chairman and Co-CEO of Spin Master Ltd.; Adam Beder, Senior Vice President, Global Licensing, Spin Master Ltd.; Cheri Anthony, Director of Merchandising, Toys, Walmart Canada; Steven Oliver, Regional Director, Corporate Financing, BDC; Colin Bohm, Head of Corus Kids, Corus Entertainment; and Mitchel Krakower, VP, Regional Operations, CYBF.<\/p>\n\n\n\n<p>The recipients impressed the Selection Panel with their professional presentations, polished business plans and, above all, their strength of character\u2014qualities that will serve them well in the fast paced world of innovative start-ups.<\/p>\n\n\n\n<p>\u201cThe value of unlocking human capital within Canadian companies such as Spin Master Ltd. is immeasurable to these young people. Through mentoring relationships with both their CYBF mentor and the executives at Spin Master, we can create the support network needed to build a successful innovative business,\u201d says Spin Master\u2019s Chairman and co-CEO, Ronnen Harary. \u201cThis is the third year of the Fund, and we are consistently supporting the best of the best \u2013 these are the companies to watch for in the future.\u201d<\/p>\n\n\n\n<p>\u201cThe six business we have selected this year really set themselves apart, not only with their innovative business ideas but also with their drive to succeed and business acumen,\u201d says Julia Deans, CEO, the Canadian Youth Business Foundation. \u201cWe are pleased to be able to join with the partners of the Spin Master Innovation Fund to offer these young people the funding and mentorship that will guide them on a path of continued success.\u201d<\/p>\n\n\n\n<p>\u201cBDC is pleased to once again be a partner of the Spin Master Innovation Fund team with CYBF and Spin Master Ltd.,\u201d says Steven Oliver, Regional Director, Corporate Financing at BDC.&nbsp; \u201cWorking together, we can offer a greater number of resources to these deserving young entrepreneurs and equip them with the tools to make a difference to their growth and success.\u201d<\/p>\n\n\n\n<p><strong>About Spin Master Ltd. <\/strong><\/p>\n\n\n\n<p>A multi-category children\u2019s entertainment company, Spin Master has been designing, developing, manufacturing and marketing consumer products for children around the world since 1994 and is recognized as a global growth leader within the toy industry. Spin Master is best known for such popular brands as boy\u2019s action phenomena and 2009-2010 Boy\u2019s Toy of the Year winner Bakugan Battle Brawlers\u2122, and award-winning brands Air Hogs\u00ae, Aquadoodle\u2122, Spin Master Games\u2122 including the popular Hedbanz\u2122, Tech Deck\u2122, Zoobles\u2122 and SpyGear\u2122. The company has also marked an entry into children\u2019s media with the launch of Spin Master Entertainment, a subsidiary focusing on the design, development and production of television and other media properties. Spin Master employs over 900 people with offices in Toronto, Los Angeles, London, Paris, Hong Kong, Mexico City, Munich, and Milan. For additional information please visit: <a href=\"http:\/\/www.spinmaster.com\">www.spinmaster.com<\/a><\/p>\n\n\n\n<p><strong>About the Canadian Youth Business Foundation<\/strong><\/p>\n\n\n\n<p>The Canadian Youth Business Foundation (CYBF) is a national non-profit organization dedicated to growing our nation\u2019s economy one young entrepreneur at a time. We look at character not collateral, when providing youth aged 18-39 with pre-launch coaching, business resources, low-interest financing of up to $25,000, and industry-leading mentoring to help them launch and sustain successful businesses. CYBF\u2019s co-financing partner, the Business Development Bank of Canada, leverages CYBF\u2019s application process to provide up to $30,000 in additional support for CYBF entrepreneurs.<\/p>\n\n\n\n<p>Established in 1996, CYBF has been recognized as a global leader in advancing youth entrepreneurship. CYBF is a founding member of the global G20 Young Entrepreneurs\u2019 Alliance, the Canadian member of The Prince\u2019s Youth Business International and the Canadian host of Global Entrepreneurship Week (November 18-24, 2013). <a href=\"https:\/\/futurpreneur.ca\">www.cybf.ca<\/a>.<\/p>\n\n\n\n<p><strong>About BDC<\/strong><\/p>\n\n\n\n<p>Canada\u2019s business development bank, BDC puts entrepreneurs first. With almost 1,900 employees and more than 100 business centres across the country, BDC offers financing, venture capital&nbsp;and consulting services to 29,000 small and medium sized companies. Their success is vital to Canada\u2019s economic prosperity. <a href=\"http:\/\/www.bdc.ca\">www.bdc.ca<\/a>.<\/p>\n\n\n\n<p><strong>FOR MORE INFORMATION PLEASE CONTACT:<\/strong><\/p>\n\n\n\n<p>Rachel H. Griffin<br>\nDir. of Global Communications<br>\nSpin Master Inc<br>\n(310) 871-3919<br>\n<a href=\"mailto:rachelg@spinmaster.com\">rachelg@spinmaster.com<\/a><\/p>\n\n\n\n<p>Nicolee Tattersall<br>\nManager, Media Relations<br>\nCYBF<br>\n416-408-2923 x2208<br>\n<a href=\"mailto:ntattersall@cybf.ca\">ntattersall@cybf.ca<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spin Master Ltd. and the Canadian Youth Business Foundation Announce Recipients of the Spin Master Innovation Fund Toronto, ON- September 18, 2013 \u2013 Today the Spin Master Innovation Fund announced the 2013 recipients of the Spin Master Innovation Program. In partnership with Spin Master Ltd. and co-financing partner the Business Development Bank of Canada (BDC), [&hellip;]<\/p>\n","protected":false},"template":"","press_category":[],"class_list":["post-6136","press_release","type-press_release","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/press_release\/6136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/press_release"}],"about":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/types\/press_release"}],"version-history":[{"count":0,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/press_release\/6136\/revisions"}],"wp:attachment":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media?parent=6136"}],"wp:term":[{"taxonomy":"press_category","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/press_category?post=6136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}