{"id":6215,"date":"2011-10-20T13:39:58","date_gmt":"2011-10-20T17:39:58","guid":{"rendered":"https:\/\/futurpreneur.ca\/press_release\/minister-of-state-bernier-announces-funding-to-support-young-entrepreneurs-2\/"},"modified":"2024-03-04T10:21:35","modified_gmt":"2024-03-04T15:21:35","slug":"minister-of-state-bernier-announces-funding-to-support-young-entrepreneurs-2","status":"publish","type":"press_release","link":"https:\/\/futurpreneur.ca\/en\/press_release\/minister-of-state-bernier-announces-funding-to-support-young-entrepreneurs-2\/","title":{"rendered":"Minister of State Bernier announces funding to support young entrepreneurs"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter\"><a href=\"https:\/\/futurpreneur.ca\/wp-content\/uploads\/2011\/10\/569x305_Oct18_MoSBernier_MontrealQC_IC.jpg\"><img decoding=\"async\" src=\"https:\/\/futurpreneur.ca\/wp-content\/uploads\/2011\/10\/569x305_Oct18_MoSBernier_MontrealQC_IC.jpg\" alt=\"\" class=\"wp-image-5727\" title=\"569x305_Oct18_MoSBernier_MontrealQC_IC\"\/><\/a><\/figure>\n\n\n\n<p>The Honourable Maxime&nbsp;Bernier, Minister of State (Small Business and Tourism), today announced that the Government of Canada is investing $20&nbsp;million in funding over two years to enable the Canadian Youth Business Foundation (CYBF) to continue its important support to young entrepreneurs.<\/p>\n\n\n\n<p>&#8220;The Government of Canada is committed to supporting young entrepreneurs as they are vital to Canada&#8217;s economic growth,&#8221; said Minister of State Bernier. &#8220;This investment will help kick-start an estimated 1,000 new businesses in Canada over the next two years.&#8221;<\/p>\n\n\n\n<p>The $20-million investment was provided through Budget 2011, The Next Phase of Canada&#8217;s Economic Action Plan\u2014A Low-Tax Plan for Jobs and Growth.&nbsp;Small businesses are a key driver of Canada&#8217;s economy, accounting for about 98 percent of all business establishments in the country and about two-thirds of the private sector workforce. Small and medium-sized businesses have continued to create jobs while strengthening our economic recovery.<\/p>\n\n\n\n<p>&#8220;The Canadian Youth Business Foundation is grateful to the Government of Canada for its ongoing commitment to young entrepreneurs,&#8221; said Vivian Prokop, Chief Executive Officer of CYBF, widely considered the go-to organization driving youth entrepreneurship in Canada. &#8220;This contribution will help CYBF to continue to support the ideas, the innovation and the entrepreneurial spirit of Canada&#8217;s youth and enable us to unleash the entrepreneurial potential of young people to generate ideas, expand innovation and create jobs and wealth in communities from coast to coast to coast.&#8221;<\/p>\n\n\n\n<p>CYBF provides financial support and mentorship to young Canadians who want to start their own business. The combination of access to capital and the support of a mentor are key to the success of the entrepreneur. As a national charity established in 1996, CYBF has invested in approximately 4,500 young Canadians who have established successful businesses and created some 17,850 new jobs.<\/p>\n\n\n\n<p>For more information on the CYBF, visit the <a href=\"..\/\">CYBF website<\/a> (www.cybf.ca).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Honourable Maxime&nbsp;Bernier, Minister of State (Small Business and Tourism), today announced that the Government of Canada is investing $20&nbsp;million in funding over two years to enable the Canadian Youth Business Foundation (CYBF) to continue its important support to young entrepreneurs. &#8220;The Government of Canada is committed to supporting young entrepreneurs as they are vital [&hellip;]<\/p>\n","protected":false},"template":"","press_category":[],"class_list":["post-6215","press_release","type-press_release","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/press_release\/6215","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\/6215\/revisions"}],"wp:attachment":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media?parent=6215"}],"wp:term":[{"taxonomy":"press_category","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/press_category?post=6215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}