Summer Company helps Ontario students become entrepreneurs of tomorrow

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Summer Company helps Ontario students become entrepreneurs of tomorrow

TORONTO, March 6 /CNW/ - Young people across Ontario can receive awards of up to $3,000, gain high-demand skills and get hands-on training in running their own business with Summer Company 2002, Economic Development and Trade Minister Bob Runciman said today.
Now in its second year, Summer Company helps entrepreneurial students build their own summer businesses by providing start-up funding and business training. Participants also work with local business leaders who volunteer their time and expertise to mentor the young entrepreneurs.
"Summer Company is a great opportunity for enterprising young people to gain a better understanding of how to run a business," said Runciman. "More young people with business skills today means more entrepreneurs generating jobs and growth in Ontario tomorrow."
Last year, 180 students successfully completed the Summer Company program, operating businesses in a variety of fields, including technology, retail, manufacturing, food services and tourism. Daniel Dale, one of last year's participants, operated Tridynamic Studio, a Web development company. "This was something I can be proud of," Dale said. "I feel a sense of accomplishment."
Summer Company is open to students between the ages of 15 and 29 who return to school full-time in September. Interested students must submit an application along with a business plan by April 2, 2002. Participants are chosen through a competitive selection process. Visit www.youthjobs.gov.on.ca for more information.
Summer Company is part of the Ontario government's Young Entrepreneurs Strategy, which encourages young people to consider entrepreneurship as a career. It complements Future Entrepreneurs, a program that teaches students in Grades 7 and 8 entrepreneurship skills, and My Company, a program for young people aged 18 to 29 that provides business start-up loans of up to $15,000.

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For more information visit www.ontario-canada.com
For further information: Robert Mikel, Ministry of Economic Development and Trade, Communications and Public Affairs Branch, (416) 325-6686; Jamie Wallace, Minister's Office, (416) 325-8779