Today, 31 young Canadian entrepreneurs from travelled to France where they will form the official Canadian delegation at the G20 Young Entrepreneur Summit.
The young leaders were selected by the Canadian Youth Business Foundation earlier this summer to participate in the G20 YES, an annual international summit of entrepreneurs of the G20 countries. The global delegates will then work together to identify ways that government and business communities can best harness the potential of young entrepreneurs. The summit runs October 30 to November 2.
“I’m extraordinarily proud to have assembled this world-class group who best represent the driven, resourceful and innovative nature of Canadian entrepreneurs,” says Vivian Prokop, chief executive officer of the CYBF and founding chair of the G20 Young Entrepreneurs’ Alliance. “The caliber of talent is a true reflection of the stellar entrepreneurial ecosystem that has been cultivated in Canada through our collaborative network of partners and, which has been applauded worldwide.”
The strength of Canada’s entrepreneurial ecosystem was specifically identified in a recent research study conducted by McKinsey & Company and echoed this week in another report, “Entrepreneurs Speak Out: A call to action for G20 governments.” CYBF hosted the inaugural G20 YES in June 2010, where the primary outcome was the formation of the G20 YEA, an international network of like-minded organizations supporting youth entrepreneurship.
Among the Canadian entrepreneurs in tech headed to France are Milun Tesovic, the founder of MetroLyrics, which was recently acquired by CBS, and Toby Reid, the founder of Solegear Bioplastics, which won Frost & Sullivan's North American Award for New Product Innovation of the Year.