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<?xml-stylesheet type="text/xsl" href="../part2stratml.xsl"?><StrategicPlan><Name>About Us &gt;&gt; Overview</Name><Description/><OtherInformation/><StrategicPlanCore><Organization><Name>Canadian Youth Business Foundation </Name><Acronym>CYBF</Acronym><Identifier>_3f777996-4b52-11e0-b5ce-48887a64ea2a</Identifier><Description>The Canadian Youth Business Foundation (CYBF) is a national charity dedicated to championing tomorrow’s entrepreneurial nation builders.</Description><Stakeholder><Name/><Description/></Stakeholder></Organization><Vision><Description>The Canadian Youth Business Foundation (CYBF) is the ‘go to’ place for youth entrepreneurship. </Description><Identifier>_3f777ba8-4b52-11e0-b5ce-48887a64ea2a</Identifier></Vision><Mission><Description>To fill the economic gap that is being felt as many small business owners retire, drive innovation, create jobs and support Canada’s overall economic prosperity.</Description><Identifier>_3f777cca-4b52-11e0-b5ce-48887a64ea2a</Identifier></Mission><Value><Name>Respect</Name><Description>We respect, appreciate and celebrate diversity in our people and our initiatives.</Description></Value><Value><Name>Integrity</Name><Description>We maintain honest and high ethical standards in everything we do while continuing to build a strong CYBF reputation.</Description></Value><Value><Name>Excellence and Accountability</Name><Description>We focus on quality of results; we work hard; we play hard; and, we celebrate success.</Description></Value><Value><Name>Community</Name><Description>We inspire and grow a youth entrepreneurship culture across Canadian communities.</Description></Value><Value><Name>Teamwork</Name><Description>We contribute to individual and collective success. </Description></Value><Goal><Name>Entreprenerial Investment</Name><Description>Invest time and money in aspiring young entrepreneurs, age 18-34, who have a great business idea, but find it difficult to obtain financing or mentoring through traditional sources.</Description><Identifier>_3f777d56-4b52-11e0-b5ce-48887a64ea2a</Identifier><SequenceIndicator/><Stakeholder><Name>Entrepreneurs, age 18-34</Name><Description/></Stakeholder><Stakeholder><Name>Volunteers</Name><Description/></Stakeholder><OtherInformation>CYBF delivers our program coast to coast through a collaborative network of likeminded organizations that we call Community Partners (CPs). They are integral to our success and act as our local ‘store front’. Along with our more than 3,660 volunteers including business mentors, they champion youth entrepreneurship in their communities and directly work with young people to guide them through the entire CYBF process to obtain funding and a mentor. The CPs and their volunteer Loan Review Committee (LRC) members are essential to the entrepreneur’s success and in preventing outward migration of youth from their respective communities.</OtherInformation><Objective><Name>Pre-Launch Coaching</Name><Description>Offer a free Pre-Launch Coaching program.</Description><Identifier>_3f777de2-4b52-11e0-b5ce-48887a64ea2a</Identifier><SequenceIndicator>1</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation>Everyone needs a coach. Most of Canada’s leading entrepreneurs attribute the majority of their accomplishments to having a professional business coach.To address this need, CYBF offers a free Pre-Launch Coaching program to fill this important need. Through the hands-on personal guidance of the program’s seasoned Entrepreneur-In-Residence (EIR), CYBF provides budding entrepreneurs with help on a wide variety of topics, including: Creating a solid business plan or developing financing strategies.</OtherInformation></Objective><Objective><Name>Online Business Resources</Name><Description>Offer a robust online Business Resource Centre.</Description><Identifier>_3f777e78-4b52-11e0-b5ce-48887a64ea2a</Identifier><SequenceIndicator>2</SequenceIndicator><Stakeholder><Name>Entrepreneurs</Name><Description/></Stakeholder><Stakeholder><Name>Mentors</Name><Description/></Stakeholder><Stakeholder><Name>Community Partners </Name><Description/></Stakeholder><Stakeholder><Name>Loan Review Committee</Name><Description/></Stakeholder><OtherInformation>At CYBF we recognize the importance of having the right tools and easy access to quality resources for all of our stakeholders. That is why CYBF offers a robust online Business Resource Centre to service the needs of Entrepreneurs, Mentors, Community Partners and our Loan Review Committee Members.</OtherInformation></Objective><Objective><Name>Financing</Name><Description>Provide start-up financing based on character and a great business idea.</Description><Identifier>_3f777f22-4b52-11e0-b5ce-48887a64ea2a</Identifier><SequenceIndicator>3</SequenceIndicator><Stakeholder><Name>Business Development Bank of Canada</Name><Description/></Stakeholder><OtherInformation>Money. It’s the lifeline of any business. However, when it comes to young people looking to secure financing for their new start-up, with little to no collateral and/or student debts, it can be a daunting task. CYBF provides start-up financing based on character and a great business idea, of up to $15,000, with flexible three to five year repayment schedules, and no principal payments in the first year. Furthermore, the Business Development Bank of Canada teamed up with CYBF to provide entrepreneurs with up to an additional $30,000 to get their businesses off the ground. Plus we offer expansion financing of up to $10,000* for existing CYBF entrepreneurs.Additionally, CYBF recognizes that newcomers to Canada sometime face additional barriers. That's why our financing application process and our adjudication requirements have been adjusted to allow individuals who do not have an established credit history or long standing references to apply with different documentation.*Please referto www.cybf.ca for a complete listing of eligibility criteria and complete details related to all financing program options.</OtherInformation></Objective><Objective><Name>Mentoring</Name><Description>Match every entrepreneur with a professional business mentor.</Description><Identifier>_3f777fcc-4b52-11e0-b5ce-48887a64ea2a</Identifier><SequenceIndicator>4</SequenceIndicator><Stakeholder><Name/><Description/></Stakeholder><OtherInformation>At some point in every successful person’s career, someone said, “I believe in you.” CYBF’s highly qualified and dedicated business mentors bring their years of experience to our young entrepreneurs; encouraging them, sharing their knowledge so youth can learn, and celebrate their successes. Their advice helps new business owners stay focused and achieve great results. We hand-match every entrepreneur with a professional business mentor for a minimum of two years, to ensure they have support during the critical start-up phase.</OtherInformation></Objective></Goal></StrategicPlanCore><AdministrativeInformation><StartDate/><EndDate/><PublicationDate>2011-03-10</PublicationDate><Source>http://www.cybf.ca/about-us/</Source><Submitter><FirstName>Owen</FirstName><LastName>Ambur</LastName><PhoneNumber/><EmailAddress>Owen.Ambur@verizon.net</EmailAddress></Submitter></AdministrativeInformation></StrategicPlan>
