Impact Entrepreneurship Group is Canada's leading non-profit organization dedicated
to strengthening entrepreneurship and empowering young business leaders in Canada
In 2004, Kunal Gupta, a first-year software engineering student at the University of Waterloo,
founded the organization to foster the spirit of entrepreneurship among high school and university students.
Since then, Impact has since grown from a conference to an organization with a network of over 10,000 youth.
Impact Microcredit is the first program in Canada that offers high school students¡¯
unrestricted access to the world of entrepreneurship by funding their ideas and fostering innovation with minimal restrictions.
The Microcredit competition encourages students to dream big and maximize their potential.
Created based on the sustainable microfinance model created by Muhammed Yunus,
Impact Microcredit is a national competition that gives out microloans to secondary school students,
allowing them to run their own business ventures with financial and executive freedom.
To date, Impact Microcredit has reached out to over 300 high schools across Canada,
raised over $93,000 for charities and given out over $40,000 in scholarships. Furthermore, the Microcredit competition has received great media recognition from national newspapers, TV stations, radio shows, as well as online blogs and publications.
15 days, $100, one business idea. What's your potential?
15 days, $100, one business idea. What's your potential?
This year, you will decide what to do with your earnings! That's right...whether it be donations to
charity, re-investment in your business or a 30/70 split? - it's all up to you!
...So what are you waiting for?
Here's how it works:
This year, you will decide what to do with your earnings! That's right...whether it be donations to
charity, re-investment in your business or a 30/70 split? - it's all up to you!
...So what are you waiting for?
Here's how it works:
1. Form a team of two to five people including yourself
2. Come up with a super awesome business idea
3. Make sure your business idea is feasible, profitable and sustainable
4. Fill in the quick application form available starting September 12, 2011
5. We will let you know if your business idea is amongst the top 150 submissions across
Canada to be qualified for the $100 microcredit start-up loan!
2. Come up with a super awesome business idea
3. Make sure your business idea is feasible, profitable and sustainable
4. Fill in the quick application form available starting September 12, 2011
5. We will let you know if your business idea is amongst the top 150 submissions across
Canada to be qualified for the $100 microcredit start-up loan!