Free Online Resource Unveiled to Help Entrepreneurs Build Blueprint
TORONTO, ONTARIO -- (Marketwire) -- 11/22/12 -- The Canadian Youth
Business Foundation (CYBF) today launched a dynamic new online
Business Resource Centre to support young entrepreneurs and the
mentors who help them along the way. Available at no cost, the
Business Resource Centre can be accessed at www.cybf.ca/resources.
The new Business Resource Centre features specialized multimedia
tools such as webinars, 'how-to' educational videos and articles that
provide much-needed education and support, and the ability to connect
with experts and receive valuable business advice.
The highlight of the Business Resource Centre is a new interactive
Business Plan Writer, designed to complement CYBF's application
process, that aims to ensure more Canadians can benefit from CYBF's
program of start-up financing and mentoring in a straightforward,
user-friendly way. The Business Plan Writer was developed by young
entrepreneurs in consultation with a CYBF expert
Entrepreneur-in-Residence and helps entrepreneurs create their
roadmap to success.
"Our goal is for the new Business Resource Centre to be the "go-to"
place for information and online resources for young entrepreneurs
and their business mentors throughout every stage of their business
development, from pre-launch to growth and expansion," said Terry
Campbell, Chief Operating Officer, CYBF.
The Centre, which features English and French content organized by
industry type, location, business stage and audience needs, was
developed thanks to generous funding provided by BMO Financial Group.
"Our partnership with BMO Financial Group means that we can help
better educate, inform and provide greater opportunities for young
entrepreneurs to succeed," said Campbell. "BMO Financial Group is a
strong supporter of small business and youth entrepreneurship, and
with their support, CYBF can make these vital tools available to more
people who can benefit from them. This has a direct impact on their
own success, and, ultimately, Canada's economic success."
BMO Financial Group pledged $500,000 over five years to develop the
Centre, starting this past January. Over the remaining four years, it
will be further enhanced with additional multimedia resources
meet the growing and changing needs of young entrepreneurs, based on
their own input and suggestions.
"At BMO we believe in the innovation and opportunity that
entrepreneurs create, and we recognize that with time being a
commodity in short supply for most business owners, having access to
timely, relevant information when it's convenient for them, is
extremely beneficial," says Joe Collura, Small Business Area Manager,
BMO Bank of Montreal. "We are proud to help support young
entrepreneurs, and this Business Resource Centre will be an
invaluable resource to them as they develop, launch and work to grow
For more information about CYBF programs and resources, please visit
www.cybf.ca. To learn more about how BMO Financial Group is
supporting small businesses, visit www.bmo.com/home/small-business.
About the Canadian Youth Business Foundation - Canada's Entrepreneur
The Canadian Youth Business Foundation (CYBF) is the 'go to' place
for youth entrepreneurship. As a national organization, we are
dedicated to growing Canada's economy one young entrepreneur at a
time. We look at character not collateral, when providing youth, age
18-39, with pre-launch coaching, business resources, start-up
financing and mentoring to help them launch and sustain a successful
entrepreneurial business. CYBF is the founder of the G20 Young
Entrepreneur Summit (G20 YES) and founding member of the G20 Young
Entrepreneurs' Alliance (G20 YEA). www.cybf.ca.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a
highly-diversified North American financial services organization.
With total assets of $542 billion as at July 31, 2012, and more than
46,000 employees, BMO Financial Group provides a broad range of
retail banking, wealth management and investment banking products and
Canadian Youth Business Foundation
Director, Marketing and Communications
(416) 408-2923, ext. 2203
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