CYBFCanadian Youth Business Foundation
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By the LOI's terms, CYBF will acquire 100% interest in the Just Content App, software and underlying source code.
The weeklong entrepreneurial boot camps, titled Based in Business, are a partnership between the Prince's Charities Canada, the Canadian Youth Business Foundation (CYBF), and Enactus Memorial.
"The future of youth entrepreneurship is an issue of tremendous importance for the G20 nations and the encouragement and promotion of youth enterprise will help the global economy to move beyond the recovery phase and into job creation," says Vivian Prokop, chief executive officer of CYBF and chair of the G20 Young Entrepreneur Summit.
"Now that entrepreneurship has become a common career option for many young people we are seeing a greater need for accessible, affordable business training," explained Anne Jamieson, vice-president of the CYBF's Ontario and Quebec regional office.
''They need to be past the idea stage and moved into the business planning stage," said Beth Dea, director of programs for the CYBF.