Kitchener Youth Receive Access to Entrepreneurial Opportunities
Kitchener ON - September 9, 2004
The Canadian Youth Business Foundation (CYBF) and Lutherwood have established a partnership agreement to offer mentorship, learning resources and business start-up loans to aspiring young entrepreneurs aged 18-34 in Kitchener-Waterloo and surrounding areas. Lutherwood will be joining the 34 existing CYBF sites across Canada serving 362 local communities.
An official launch to mark this occasion will take place today, Thursday September 9th from 2:00pm to 3:30pm, at the Victoria Park Pavilion located at 80 Schneider Street in Kitchener. Local VIP's from the community, including MP's and MPP's, will attend the launch.
CYBF will present a $10,000 check to the first Lutherwood loan recipient, Alnoor Keshvani, at the official launch. A Kitchener native, Keshvani is the owner of Loop Clothing - a retail design lounge that offers a number of unique experiences; incorporating a lounge, retail clothing store and gallery. Loop Clothing carries independent Canadian and International fashion tags that fit every lifestyle. They also offer an in-house design studio where "one of a kinds" are designed from reconstructed apparel.
"Lutherwood is delighted to have the opportunity to work with the Canadian Youth Business Foundation to support Youth entrepreneurship in this area, comments Lutherwood CEO, John Colangeli, access to financial resources and to the expertise of mentors provides a strong foundation for success in business. The CYBF programs support Lutherwood's strong commitment to the youth of our community."
Lutherwood, a charitable human services organization providing a range of children's mental health services, employment and self-employment services, and retirement services to seniors, helps over 10,000 people each year to "Build Better Futures".
"We are proud to officially launch our partnership with Lutherwood in Kitchener," comments Vivian Woytiuk, CYBF CEO. "We have helped launch over 1000 businesses across Canada since 1996 and will continue to provide access to business start-up loans, mentorship and learning resources to empower aspiring young Canadians entrepreneurs."
CYBF offers young entrepreneurs start-up financing up to $15,000 with the support of a business mentor. The business mentor increases the likelihood of the entrepreneur's success through the transfer of experienced business knowledge. Training and support are provided for the mentoring relationship as well as the young entrepreneur's business.
About Lutherwood
Lutherwood's Enterprise and Business Group is the recognized leader in Self Employment programming throughout Waterloo Region and Wellington and Perth counties and is one of the largest Self Employment assistance providers in Canada, helping to establish over 1,200 new businesses in the past 10 years.
About Canadian Youth Business Foundation (CYBF)
Founded in 1996 by CIBC and the Royal Bank and modeled after the UK's The Prince's Trust with over 25 years of experience, CYBF is a National charitable volunteer-based organization empowering young Canadian entrepreneurs 18-34 through mentoring, learning resources and business start-up loans.
For More Information:
Mark Healey
Manager of Enterprise Development
Lutherwood
519.743.2460
mhealey@lutherwood.ca
www.lutherwood.ca
Jaime Hurlbut
Communication Specialist
Canadian Youth Business Foundation
1.866.646.2922 ext 2301
jhurlbut@cybf.ca
www.cybf.ca
Modèles de réussites stimulants
Nous vous invitons à lire l'histoire de certains de nos entrepreneurs, mentors, partenaires locaux, bénévoles et commanditaires.
Rapport annuel
Téléchargez notre Rapport annuel 2005