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Celebrating Ontario's Future Entrepreneurs

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Celebrating Ontario's Future Entrepreneurs

McGuinty Government Supports Business Plan Competition

Ontario is helping foster a passion for entrepreneurship by supporting the seventh annual Secondary School Business Plan Competition.

Twelve students and teams from across the province were selected as winners of this year's competition. The competition encourages young people to use their creativity and innovation to develop strategic business plans.

An awards ceremony was held today at the Hilton Suites in Markham to celebrate three winners from the Central Region:

Barry Mason (regional winner and provincial first runner up)
Tiffany Yan and Alexandra Nguyen (regional first runners up)
Angela Li and Witton Leung (regional second runners up)

Cash prizes ranged from $500 for the second runner up in each region, to $1,500 for the provincial champion. Events were also held today to honour winners in Niagara Falls, Ottawa and Sault Ste. Marie.

Over 1,000 business plans from 230 Ontario secondary schools were entered into 38 local competitions across the province.

Quick Facts

  • To promote youth entrepreneurship, Small Business Enterprise Centres of the Ministry of Small Business and Consumer Services reach out each year to more than 30,000 of the province's secondary school students, with curriculum support materials for teachers.
  • Summer Company, which begins accepting applications on December 8, 2008, is another popular program for Ontario's youth to explore and experience entrepreneurship by running their own summer business.

Additional Resources

Quotes

“This is the seventh year of the School Business Plan competition, and the response from students across Ontario just keeps growing. Our government understands and supports the value of nurturing the entrepreneurial mindset of Ontario's future leaders.”

Harinder S. Takhar

Minister of Small Business and Consumer Services

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Business and Economy Children and Youth