Junior Achievement Joins CIBC to Honour BC’s Top Student Entrepreneurs
Photo: Team Vancovers, 2016 CIBC Student Company of the Year, with Teri McIntyre, Market Vice President, BC & Yukon, CIBC (right)
Vancouver, British Columbia – June 10, 2016 – JA British Columbia (JABC) is pleased to announce that Vancovers has won the prestigious 2016 CIBC Student Company of the Year Award. The winning team is made up of students from multiple schools in the North Shore of Metro Vancouver who participated in this year’s JA Student Company Program.
Vancovers sells a unique bike cover with adjustable drawstring and grommets that allow the user to safely lock their bike and keep it clean. The company’s slogan is: Give your bike a break!
This and many other JABC awards were presented last night June 9th at the Celebrate JA! event sponsored by CIBC and held at SFU Beedie School of Business in downtown Vancouver. Over JA 25 students were awarded and honoured for their outstanding performance, creativity, and demonstration of business acumen.
“CIBC congratulates Vancovers and all award recipients for displaying leadership, entrepreneurial drive and creativity,” says Teri McIntyre, Market Vice President, BC & Yukon, Global Transaction Banking, CIBC. “CIBC continues to be proud to partner with Junior Achievement to promote financial literacy for today’s youth and pave the way for them to become leaders of tomorrow.”
Vancovers, an enterprising group of 15 North Shore students, tackled the problem of keeping bikes clean and secure for users in Metro Vancouver. They took a big risk by entering the real world of retail. Vancovers sold their product at the Vancouver Outdoor Adventure and Travel Show and at Make It! Vancouver, and to various retailers of bikes and cycling gear. To date, between sales to the public and to two retail outlets, Vancovers recovered costs and paid back $45 to each shareholder. The company was mentored by Craig Lovell, Sean Sherwood (Startup Athlete) and Barb Jones (JABC).
The Celebrate JA! event also recognized the achievement of JA Student Company – Waft – who received the Celebrate Entrepreneurship Award, a new award launched in October, 2015, by the Ministry of Small Business and Red Tape Reduction in partnership with JABC. Waft produces organic, handmade air fresheners. Targeting smelly school lockers, the students quickly expanded to craft fairs and online sales. Waft donated 10% of their profits to Create Change, a Vancouver-based non-profit which supports thousands of girls in Northern Ghana through secondary school and university.
“I want to congratulate the students of Waft for their innovative business,” says Hon. Coralee Oakes, Minister of Small Business and Red Tape Reduction. “Young people like this are essential to B.C.’s small business growth and prosperity. That’s why we’re continuing to invest in programs like the JABC Student Company Awards Program to spark an entrepreneurial spirit at an early age and give them the business skills and coaching they will need for successful careers in communities throughout our province.”
Other recipients of JA Student Company Awards include:
- Profit Performance Award: Mount Doug Wear from Mount Douglas Secondary in Victoria – offers an extensive line of sportswear to the Mount Douglas student body to encourage school spirit and pride, featuring 12 original logos on 20 different garments.
- Digital Marketing Award:
- Sleeves from multiple schools in Metro Vancouver – offers a re-usable cup or bottle sleeve handmade of 100% cotton that serves as a stylish and environmentally-friendly alternative to the single-use cardboard sleeves provided by most beverage vendors.
- Wonderlust Candles from Britannia Community Secondary School in Vancouver – created seven designs of candles, by mixing soy wax and fragrance oils that represent the Seven Wonders of the World, inviting customers to experience an aromatic journey around the globe.
In addition to celebrating the achievements of JA students, Celebrate JA! also recognized and thanked JA volunteers and teachers in Metro Vancouver by presenting the Outstanding Teacher Award to Christopher L. Lee (Renfrew Community Elementary School), and the Outstanding Volunteer Award to Craig Lovell of North Vancouver.
Celebrate JA! 2016 was attended by over 170 guests, students, teachers and business professionals. The event opened with special remarks in video from Hon. Coralee Oakes, Minister of Small Business and Red Tape Reduction, congratulating Waft on receiving the Celebrate Entrepreneurship Award. Mark Cunningham, Founder and CEO, Stytch, delivered the keynote address of the evening. This JABC annual awards and celebration event, running for more than twelve years today, recognizes and celebrates the achievements of JA students who have shown extraordinary drive, creativity and leadership.
Please see the backgrounder below for the full list of awards presented at Celebrate JA! 2016.
Photos are available via JABC Flickr site.
- North Shore News – Local budding entrepreneurs awarded (June 21, 2016)
- The Surrey-North Delta Leader – Buy low sell high (June 23, 2016)
About JA British Columbia
JA British Columbia (JABC) is a member of JA Canada who is a member JA Worldwide (JA), the world’s largest NGO dedicated to educating young people about business. Since 1955, British Columbia schools have relied on JA to inspire and prepare youth to succeed in an ever-changing global economy. In 2015, over 35,000 students in BC benefited from JABC programs delivered free of charge by volunteers from local business communities, who bring real-life experience into the classroom. JABC programs focus on work readiness, financial literacy and entrepreneurship, giving students the confidence and skills they need to become the next generation of business and community leaders. Visit jabc.ca for more information.
CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. CIBC is committed to supporting causes that matter to our clients, our employees and our communities. We aim to make a difference in communities through corporate donations, sponsorships and the volunteer spirit of employees. With a strategic focus on Kids, Cures and Community and employee commitment to causes including the Canadian Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children’s Foundation and United Way, we are investing in the social and economic development of communities across the country. In 2013, CIBC contributed more than $41 million, including $22 million in charitable donations, to over 1,870 organizations in 430 communities. Find other news releases and information about CIBC at www.cibc.com/ca/media-centre.
For more information, please contact:
2015-2016 JA British Columbia Awards & Scholarships Winners
JABC Award for Oratory and Presentation Skills
Darren Gill, The University of British Columbia, from New Westminster
Tahlia Ifada, Britannia Community Secondary School, Vancouver
Dr. Donald Rix Inspiring Business Excellence Scholarship
ZiJian (Michael) Xu, Belmont Secondary School, Victoria
The Keg Spirit Foundation Next Generation Leaders Forum Award
Zachary Bundock, Duchess Park Secondary School, Prince George
Stephanie Chen, J.N. Burnett Secondary School, Richmond
Maelin Cheung, Britannia Community Secondary School, Vancouver
Noah Dorsey, George Elliott Secondary School, Lake Country
Cameron McMicken, Belmont Secondary School, Victoria
JABC Award for Excellence and Leadership
Maelin Cheung, Britannia Community Secondary School, Vancouver
Team Competition Awards
JABC Innovation Jam – Grand Prize
Team Name: Gardening to Give, Kelowna Secondary School, Kelowna
Students: Claire DeMug, Jeremy Gagné, Claudia Lauretta, Jordan MacDonald, Domonique Murdoch
JABC Innovation Jam – People’s Choice Award
Team Name: E.A.T.S. (Environmentally Advanced, Technologically Sound), St. John’s School, Vancouver
Students: Nicolas Sartor Campos, Behrad Hafeszi, Nicholas Jassal, Jasmine Khanna, Victoria Liu, Ben Wang
(Honourable mention: Heart and Soul Wellness Co-op, Britannia Community Secondary School, Vancouver)
JABC Business Challenge Online Award – Fall 2015
Team Name: The Real Deal, Burnaby North Secondary School, Burnaby
Students: Hugo Cheng, Jacky Chen, Mark Chuang
JABC Business Challenge Online Award – Spring 2016
Team Name: Wolves of Wall Street 2, Burnaby North Secondary School, Burnaby
Students: Davis Mingxu Li, Nick Upper, Michael Leong
JABC Investment Strategies Stock Market Challenge Award – Fall 2015
Team Name: Kenny Y, Mulgrave School, West Vancouver
Student: Chu Fan (Kenny) Yang
JABC Investment Strategies Stock Market Challenge Award – Spring 2016
Team Name: Corn Hub, Tamanawis Secondary School, Surrey
Students: Karan Dhillon, Haider Tauseef, Harjap Thandi, Gurjot Waraich
Student Company Awards
Celebrate Entrepreneurship Award
Waft, multiple schools in Richmond and Vancouver
CIBC Student Company of the Year Award
Vancovers, multiple schools in the North Shore, Metro Vancouver
Student Company Profit Performance Award
Mount Doug Wear, Mount Douglas Secondary School, Victoria
Student Company Digital Marketing Award
Mr. Sleeves, multiple schools in Metro Vancouver
Wonderlust Candles, Britannia Community Secondary School, Vancouver
The Ledcor Group Regional Company of the Year Award
Duchess Park Market Place, Duchess Park Secondary School, Prince George
JA Canada National Award Winner from BC
Deloitte Inspiration Award
Tiffany Hou, West Point Grey Academy, Vancouver