{"id":6195,"date":"2012-03-29T13:54:00","date_gmt":"2012-03-29T17:54:00","guid":{"rendered":"https:\/\/futurpreneur.ca\/press_release\/spin-master-ltd-and-canadian-youth-business-foundation-launch-year-2-of-the-spin-master-innovation-fund\/"},"modified":"2024-03-04T10:20:36","modified_gmt":"2024-03-04T15:20:36","slug":"spin-master-ltd-and-canadian-youth-business-foundation-launch-year-2-of-the-spin-master-innovation-fund","status":"publish","type":"press_release","link":"https:\/\/futurpreneur.ca\/en\/press_release\/spin-master-ltd-and-canadian-youth-business-foundation-launch-year-2-of-the-spin-master-innovation-fund\/","title":{"rendered":"Spin Master Ltd. and Canadian Youth Business Foundation Launch Year 2 of the Spin Master Innovation Fund"},"content":{"rendered":"\n

Enhancing the Canadian economy; one entrepreneur at a time.<\/strong><\/h3>\n\n\n\n

Toronto, ON \u2013 March 29, 2012 \u2013<\/strong> For the second consecutive year, the Canadian Youth Business Foundation (CYBF) and Spin Master Ltd., Canada\u2019s most innovative toy company, are teaming up to offer financing, mentoring and business workshops to innovative entrepreneurs through the Spin Master Innovation Fund (SMIF). Applications for the Spin Master Innovation Fund opened today and will offer  qualified 18-34 year olds the opportunity to kick-start their business start-up with $50,000 in start-up financing, a hand-matched mentor, a paid trip to Toronto to attend an exclusive Innovation Launch Pad Workshop, and the opportunity to participate in an Acceleration Workshop after six months. Qualified applicants are invited to apply online at www.cybf.ca\/innovation<\/a>.<\/p>\n\n\n\n

\u201cThe partnership between CYBF and Spin Master is helping us kick-start innovative young entrepreneurs from coast to coast to coast,\u201d says Vivian Prokop, chief executive officer of the Canadian Youth Business Foundation. \u201cSpin Master Ltd. is a pioneering Canadian business that has grown from an innovative idea shared by three young, brilliant Canadians to become a global leader in its industry. The Spin Master Innovation Fund furthers the spirit of Canadian innovation by identifying highly driven young people and enabling them to become the future job creators who will strengthen and grow the Canadian economy for years to come.\u201d<\/p>\n\n\n\n

The Spin Master Innovation Fund builds on CYBF\u2019s impeccable domestic and global track record as champions of youth entrepreneurship, while demonstrating Spin Master\u2019s philanthropic commitment to youth business innovation.<\/p>\n\n\n\n

\u201cThe successful launch of the Spin Master Innovation Fund has allowed us to give back to young entrepreneurs all across Canada,\u201d says Spin Master\u2019s President and co-CEO, Ronnen Harary. \u201cWith the impressive recipients that have already
\ncome through the Spin Master Innovation Fund, we are excited to see the high quality of candidates and the innovation, passion and outstanding character that is sure to be delivered in 2012.\u201d<\/p>\n\n\n\n

\u201cWithout the help of the Spin Master Innovation Fund, we would never have been able to get our business off the ground,\u201d said Awane Jones, founder and CEO of Monumental Technologies and Spin Master Innovation Fund 2011 recipient. \u201cThe Spin Master Innovation Fund provided us with the most intense learning I have ever experienced as an entrepreneur and the essential funding we needed. I would highly recommend the program to young business people who want a program that thinks outside of the box and places real value on real world education.\u201d<\/p>\n\n\n\n

Spin Master Innovation Fund applications must be received by May 10th, 2012. Recipients will receive a start-up package of up to $50,000 in start-up financing and a personally-matched mentor from CYBF\u2019s world-class mentoring program. Plus, recipients will get an all-expenses paid trip to Toronto to attend a two-day Innovation Launch Pad Workshop, which will provide access to top-tier Spin Master executives, as well as the opportunity to attend a specialized Acceleration
\nWorkshop six months later to reconnect with the Spin Master Innovation Fund peer group.<\/p>\n\n\n\n

About Spin Master Ltd<\/strong>.<\/strong><\/p>\n\n\n\n

A multi-category children\u2019s entertainment company since 1994, Spin Master has been designing, developing, manufacturing and marketing consumer products for children around the world 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 2010 Boys Toy of the Year winner Bakugan Battle Brawlers\u2122, and award-winning brands Air Hogs\u00ae, Aquadoodle\u2122, Tech Deck\u2122, Moon Sand\u2122, Liv\u2122, and Zoobles\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 900 people worldwide with offices in Toronto, Los Angeles, London, Paris, Hong Kong, Mexico, Munich, Italy and central Europe. For additional information please visit: www.spinmaster.com<\/a>.<\/p>\n\n\n\n

Canadian Youth Business Foundation \u2013
\n<\/strong>Canada\u2019s Entrepreneur Gateway<\/em><\/strong><\/p>\n\n\n\n

The Canadian Youth Business Foundation (CYBF) is the \u2018go to\u2019 place for youth entrepreneurship. As a national charity, we are dedicated to growing Canada\u2019s economy one young entrepreneur at a time. We look at character not collateral, when
\nproviding 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<\/a><\/p>\n\n\n\n

###<\/p>\n\n\n\n

FOR MORE INFORMATION PLEASE CONTACT:<\/strong><\/h4>\n\n\n\n

Harold Chizick
\nVP of Global Communications & Promotions
\nSpin Master Ltd.
\n416-364-6002 ext. 2238
\nHaroldC@spinmaster.com<\/a><\/p>\n\n\n\n

Nicolee Tattersall
\nManager, Media Relations
\nCYBF
\n416-408-2923 ext. 2208
\nntattersall@cybf.ca<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Enhancing the Canadian economy; one entrepreneur at a time. Toronto, ON \u2013 March 29, 2012 \u2013 For the second consecutive year, the Canadian Youth Business Foundation (CYBF) and Spin Master Ltd., Canada\u2019s most innovative toy company, are teaming up to offer financing, mentoring and business workshops to innovative entrepreneurs through the Spin Master Innovation Fund […]<\/p>\n","protected":false},"template":"","press_category":[],"class_list":["post-6195","press_release","type-press_release","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/press_release\/6195","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\/6195\/revisions"}],"wp:attachment":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media?parent=6195"}],"wp:term":[{"taxonomy":"press_category","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/press_category?post=6195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}