Guelph-Wellington Business Enterprise Centre has a lot to celebrate - a new partnership & a new home!

Guelph, ONTARIO - May 5, 2006. The Guelph-Wellington Business Enterprise Centre is pleased to announce an exciting new partnership with the Canadian Youth Business Foundation (CYBF), and the grand opening of their new facility.

Guelph-Wellington Business Enterprise Centre (GWBEC) is a private not-for-profit organization that assists start-up businesses. The mandate is to provide small and medium size enterprises and entrepreneurs with a one-stop source of business information and support service to facilitate the development, investment, growth and success rate of business in the City of Guelph, County of Wellington and surrounding rural areas.

"It is a pleasure to partner with the Canadian Youth Business Foundation in offering this opportunity to the youth of Guelph and Wellington County whom we look to for new and innovative business development. CYBF invests in the future of our youth and their endeavours and indeed the economic picture of our communities. When thank them for their commitment", says, Judi Riddolls, Guelph-Wellington Business Enterprise Centre's Executive Director.

The Canadian Youth Business Foundation (CYBF) is a charitable organization that provides start-up mentoring, financing and business resources to young Canadians aged 18-34, based on their character and strong ideas, not collateral, who desire to start a new business. From trades, to retail, to high tech, CYBF supports entrepreneurs in a variety of fields. CYBF is able to deliver their vital programs from coast to coast through important community partnerships with organizations such as the Guelph-Wellington Business Enterprise Centre.

"We are proud and excited to officially launch this partnership with The Guelph- Wellington Business Enterprise Centre, which will permit young entrepreneurs from this community to obtain start-up financing capital and mentoring, that will help create employment opportunities for themselves and others in South Western Ontario", stated Terry Campbell, CYBF Vice President for Eastern Canada.

On May 5, 2006, The Guelph-Wellington Business Enterprise Centre and CYBF will host a special event in celebration of their new partnership:

Date: Friday May 5, 2006
Time: 12 noon to 2pm inclusive. Public Open House 2pm to 4pm inclusive
Localisation : 42 Wyndham Street, North, Unit 401

Please direct all media inquiries to:

Katrina White
CVP Marketing, Canadian Youth Business Foundation
Canadian Youth Business Foundation
1Tel: 416 408-2923 ext 2115 Cell: 416 268-0988

Alternative contact: Irene Darra. 416 408-2923 ext 2301. Cell 416 509-5911.

Note: Media Kits, including pictures and videos of the award winners, are available upon request. All Media are welcome to attend the reception and awards show.

La Fondation Canadienne des Jeunes Entrepreneurs (FCJE) est la référence en matière d’entrepreneuriat jeunesse. À titre d’organisme caritatif d’envergure nationale, elle a pour mission de contribuer à la croissance de l’économie canadienne, un jeune entrepreneur à la fois. Elle mise sur la personnalité et non sur les garanties lorsqu’elle accorde à ses jeunes, âgés de 18 à 34 ans, de l’accompagnement de prédémarrage, des ressources d’affaires, du financement de démarrage et du mentorat afin de leur permettre de mettre sur pied et d’assurer le succès durable de leurs entreprises.