What high-school students did with $100
To celebrate the success of the year's Microcredit competition and the amazing group of competitors, Impact Microcredit's amazing Media Partner, Globe Campus, published this incredible article on the 10 day challenge. The article features interviews with competitors, the President of the Impact Entrepreneurship Group and the chairperson for this year's Microcredit competiton!
Congratulations to the Microcredit team and all the participants in this years competition! Check out the full article here .
$100. 10 Days. One Challenge.
Impact Entrepreneurship Group unveils 10 Initiatives for 2010
With more initiatives then ever before, Impact is excited to present our upcoming lineup for 2010.
1. Impact Innovate (March 6)
Impact Innovate 2010 will be a one-day discussion about innovative thought and the entrepreneurial spirit. You will gain critical new skills, ponder provoking ideas and meet your future business partners. Visit the website for more information and to register.
2. Impact Microcredit (Spring)
Impact Microcredit is Canada's biggest high-school social entrepreneurship competition, reaching students in hundreds of schools across Canada and raising tens of thousands of dollars to worthy charities.
3. Impact Apprentice (Summer)
Impact Apprentice is a real-life, challenging, hands-on competition that will test the business smarts and wits of Canada's top entrepreneurial-minded students.
4. Impact Expo (Fall)
Taking place in University of Waterloo, the Impact Expo is a conference attracting over 2000 students featuring case study competitions, keynote speakers and more.
5. Impact National Conference (Fall)
Recognized as Canada's Premier Youth Entrepreneurship Conference, the Impact National conference attracts 500 of the top high school and post-secondary students from across Canada.
6. Impact Connect (Year-round)
With a focus on connecting students interested in entrepreneurship with the industry leaders who can inspire them, the Impact Connect team will be organizing entrepreneurship competitions, networking events, and seminars throughout the year.
7. I Am My Ambition (Year-round)
Exposing an interview series aimed at highlighting ambitious and successful entrepreneurs, philanthropists and politicians to shed light on their starting up stories, and transfer lessons learned through experience while emphasizing immediate action.
8. Impact Mesh (Year-round)
Impact Mesh strives to build an online and in-person community around Impact's people, programs, and partners.
9. Impact Speakers' Bureau (Year-round)
More information coming soon!
10. Impact Media (Year-round)
An initiative of Impact Marketing, Impact Media will allow our followers, delegates, members and leaders access to exclusive Impact Entrepreneurship Group media content.
Stay tuned for an exciting year!
In the News
---------------------------------------------------------------------------------------------------------------------------------------Micro-lending at Metro State
Denver Daily
July 9th, 2009Micro-lending has become a new trend among higher-education institutions, according to Jackowski. The program allows educational facilities to provide financing for community and student start-ups.
Alex Shipillo, who runs the Impact Entrepreneurship Group, said micro-lending is a great way to encourage entrepreneurship.
“I think it’s really important because this is the first recession that we’re facing in our generation and the most successful companies are the ones that are the most entrepreneurial,” he said. “I think that’s why we’re seeing in the last year or so a huge rise of people who are starting their own ventures, and I think that teaching that as young as possible is important.”
The loans from the Center for Innovation and RMMFI will range from $250-$1,000 and be distributed once a quarter. The loans will be for six months and have 9-percent interest rate.
---------------------------------------------------------------------------------------------------------------------------------------Alex Shipillo Named Top 20 Under 20
Globe and Mail
June 3rd, 2009Through Impact, Alex also developed the Microcredit Competition (http://microcredit.impact.org), which provides teams of high-school students from across Canada with a $100 loan and one week to generate as much revenue as possible for a charity of their choice. In 2008, it raised $15,000 through 35 schools; next year, Alex is hoping 500 schools will participate.
“It’s very inspiring for students to know that they’re capable of taking an idea and turning it into reality,” says Alex, who has just finished his third year studying sciences at UBC and hopes to start his own business one day. “Youth engagement is about more than just learning at school,” he says. “It’s about supporting and inspiring them.”
---------------------------------------------------------------------------------------------------------------------------------------BC, Saskatchewan and Ontario teams Win Top Awards at the Impact Microcredit Competition
April 28th, 2009Vancouver, BC – Students from Walter Murray Collegiate Institute in Saskatoon are winners of the Studentawards.com National Champion award in the Impact Microcredit 2009 competition, a youth entrepreneurship competition organized by the Impact Entrepreneurship Group and sponsored by Studentawards Inc. The team made over $2400 in one week by selling advertising on ecologically friendly shopping bags that were then distributed to local businesses. Two other teams across Canada garnered top recognition in the competition. Killarney Secondary in Vancouver, British Columbia won the BC Innovation Council Award while Bowmanville High School in Bowmanville, Ontario won the Encounters with Canada Business and Entrepreneurship Award. All teams started with only $100 in seed funding.
