HALIFAX, NOVA SCOTIA (February 29, 2016) – Two student teams from Saint Mary’s University and Memorial University of Newfoundland have been named 2016 TD Entrepreneurship Challenge Regional Champions by this country’s largest student leadership development organization, Enactus Canada, and proud program supporter, TD Bank Group.
The TD Entrepreneurship Challenge is a national competition empowering post-secondary students to develop and deliver projects that teach relevant entrepreneurship skills to aspiring and existing entrepreneurs. Since 2007, 11,127 students have exposed 59,086 people to entrepreneurship as a viable career path and have positively impacted 11,787 entrepreneurs.
“At TD, we know that entrepreneurship drives innovation,” says Frank McKenna, Deputy Chair, TD Bank Group. “We are excited to support Enactus Canada’s TD Entrepreneurship Challenge to give post-secondary students the chance to develop their entrepreneurial skills and deliver projects that encourage the ongoing growth of successful Canadian entrepreneurs.”
Student teams from across Atlantic Canada showcased their projects to panels of industry professionals on February 26 in Halifax. The champion Enactus student teams stood out to judges because they provided aspiring and existing entrepreneurs with the skills, knowledge and community connections to realize their passion.
The following are the winning projects that are using entrepreneurial action to transform lives:
Enactus Saint Mary’s addressed the dire need for economic development in the Atlantic Provinces by providing youth in rural and urban communities with entrepreneurship opportunities. Their project The Start-Up 100, exposed 780 people to entrepreneurship as a viable career path and resulted in 31 new businesses being created.
Enactus Memorial designed a week-long entrepreneurial boot camp to help retiring and medically released military veterans transition to become entrepreneurs. Their project, Prince’s Operation Entrepreneur, ran on four universities across Canada with one-day sessions offered at 19 other institutions. It created 25 businesses and generated $1,512,520 in revenue.
“These teams are making a real difference in the lives of people in need through their entrepreneurship education projects,” says Nicole Almond, president of Enactus Canada. “They are a perfect example of how Enactus student leaders are transforming lives through entrepreneurial action.”
These teams will now move on to the national level of competition taking place May 2-4 at the 2016 Enactus Canada National Exposition in Toronto, Ontario.
ABOUT ENACTUS CANADA: Enactus Canada, this country’s largest student leadership development organization, is shaping generations of entrepreneurial leaders who are passionate about advancing the economic, social and environmental health of Canada. Guided by academic advisors and business experts, more than 2,650 entrepreneurial postsecondary students led 288 community empowerment projects and business ventures this past year in communities coast to coast. As a global network of 36 countries, Enactus uses the power of entrepreneurial action to transform lives and shape a better, more sustainable world. For more information, visit enactus.ca.
Director of Communications