Halton Region launches new partnership with the Canadian Youth Business Foundation

On Wednesday, January 25, Halton Region officially launched a new partnership between the Canadian Youth Business Foundation (CYBF) and the Region’s Small Business Centre.

The partnership addresses a key strategic direction in Halton’s 2012-2021 Economic Development Strategy, namely to “empower young entrepreneurs to start and grow their businesses in Halton.”  Small business is at the heart of our economy, and programs such as CYBF and the other services provided by the Halton Region’s Small Business Centre help support the growth and success of innovative business in the region.

Through the partnership, Halton Region’s Small Business Centre will provide CYBF Entrepreneurs with pre-launch coaching including support with business planning, market research, operational planning and guidance during the CYBF application process.

Since CYBF’s inception in 1996, the Toronto-based organization has helped over 4,750 entrepreneurs across Canada aged 18-34 launch and sustain successful businesses by providing pre-launch coaching, start-up financing, resources and mentorship.

Nicole Croft, Owner of National E-Counselling is Halton Region’s first approved CYBF applicant. At the launch, Nicole thanked both the Region and CYBF for giving her fledging business a much appreciated boost. Past CYBF and Summer Company recipient Lindsay Gray, President, Define Hair Design Inc. echoed those comments.

Young entrepreneurs such as Nicole and Lindsay represent Halton’s future. They create jobs, serve as role models and contribute to the economic well being of this region.

CYBF entrepreneurs have created more than 18,600 new Canadian jobs, generated over $129-million in tax revenue, and contributed hundreds of millions of dollars in sales and export revenue.  Those are impressive numbers. As a community partner to CYBF, Halton Region’s Small Business Centre will build on this success and further enhance its services to prospective entrepreneurs, small business owners and youth entrepreneurs in Halton. 

For further information on CYBF and other programs for small business, visit www.haltonsmallbusiness.ca or dial 311, 905-825-6000, toll free 1-866-442-5866, or TTY 905-827-9833. You can also follow Small Business on Twitter at @HaltonEcDev.

From left to right (Front Row): Nicole Croft, Owner, National E-Counselling – Halton Region’s first approved CYBF applicant, Ellen Kuschnik, Constituency Assistant, representing Kevin Flynn, M.P.P., Oakville, Lindsay Gray, President, Define Hair Design Inc. – Burlington entrepreneur, past CYBF recipient, Sarah Hashem, Senior Manager, Ontario, Canadian Youth Business Foundation
From left to right (Back Row): Gary Carr, Halton Regional Chair, Terence Young, M.P., Oakville, John Davidson, Director, Economic Development, Halton Region

If you have any Regional concerns or comments you would like to share, please feel free to email me at gary.carr@halton.ca. To receive further updates on Regional issues, please subscribe to my quarterly e-newsletter, “The Carr Report.”