The Canadian Youth Business Foundation (CYBF) is a national non-profit organization dedicated to growing our nation’s economy one young entrepreneur at a time. We look at character, not collateral, when providing youth aged 18-39 with pre-launch coaching, business resources, start-up financing and mentoring to help them launch and sustain successful businesses. CYBF has been recognized as a global leader in advancing youth entrepreneurship, is a founding member of the global G20 Young Entrepreneurs’ Alliance (G20 YEA), the Canadian member of the Prince’s Youth Business International, and the Canadian Host of Global Entrepreneurship Week (November 18-24, 2013).
Tell us about your business
CYBF offers entrepreneurs four fully integrated services that are built around the ‘life cycle’ of a young entrepreneur, helping to ensure the success of every new start-up.
Pre-launch expertise – learn how to build your business plan, overcome challenges and grow your venture through our Entrepreneurs-in-Residence and network of community partners.
Online Business Resources – use our free tools, templates, articles and crash courses, like our Business Plan Writer, to help you with business planning.
Financing – find the best financing option for you whether you are an emerging entrepreneur, a new Canadian or an existing young business owner. CYBF provides access to up to $15,000 in start-up financing and up to $30,000 in additional financing through our unique partnership with the Business Development Bank of Canada.
Industry-leading mentoring – benefit from the extensive experience of a business professional who will work with you for a minimum of two years to ensure you have support during the critical start-up phase.
What is your inspiration?
Established in 1996, CYBF has invested in more than 5,600 young and emerging entrepreneurs across Canada, whose businesses have created over 23,000 new jobs, $163.6 million in tax revenue and hundreds of millions of dollars in sales and export revenue. CYBF delivers its program coast-to-coast through a national network of 186 community partners and more than 4,550 volunteers including business mentors.