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In The News

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Micro-lending at Metro State

Denver Daily

July 9th, 2009

Micro-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.

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Alex Shipillo Named Top 20 Under 20

Globe and Mail

June 3rd, 2009

Through 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.”

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Recessions Breed New Generation of Entrepreneurs
The National Post

March 20th, 2009

Impact Entrepreneurship Group is flourishing since the economy soured. “There’s been a significant increase in interest,” says Kunal Gupta, who founded Impact in 2004 while attending Ontario’s University of Waterloo. “There are opportunities in the market for young entrepreneurs that would not be seen in a good economy.”

In the past year, Impact - which bills itself as Canada’s largest, non-profit student-run organization - opened offices in Calgary and Vancouver. Its programs target university and high school students and include a national annual conference, an entrepreneurship week campaign, a leadership summit and a Microcredit Competition that gets underway later this month for which teams of students from 200 high schools receive $100 to launch a business idea and make as much money for charity as possible within a week.

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Being in Touch with Technology Proves to be Edge
Financial Post

March 9th, 2009

Kunal Gupta is chief executive of Toronto-based Polar Mobile (polarmobile.com), which provides traditional publishers and advertisers access to Smartphone users. Mr. Gupta tells the Financial Post what motivated him to become an entrepreneur.

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Impact Past President Wins 40 Under 40
The Record

February 25th, 2009

Teaching kids not to lose their vision but to follow through with their dreams is essential to the future of entrepreneurship, says Ray Cao.

The president of Impact Entrepreneurship Group, which exposes youth from all backgrounds and demographics to the importance of leadership, says entrepreneurship is “as fundamental as math and science.”

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The Bigger Deficit
PROFIT

December 2008/January 2009

If Canada is to stay fiscally fit in the future, the surplus we really need is in good young entrepreneurs…
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Improving Canada’s business DNA
Metro News Canada

November 26th, 2008

Tough economic times call for innovation and creativity. That’s why a recession might be the perfect time to think about starting your own business, say some of the country’s business leaders...
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York House students take entrepreneur award
Vancouver Sun

November 21st, 2008

Six Grade 11 students from Vancouver’s York House School have won a nationwide competition for budding entrepreneurs...
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‘Windsor Apprentice’ has everything but Trump
Windsor Star

November 18th, 2008

The only thing missing from the city hall board room on Tuesday was Donald Trump. In honour of Canada’s first entrepreneurship week, the Mayor’s Youth Advisory Committee held the first Windsor Apprentice...
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Do something ‘cutting edge’: InnoVasion event aims to inspire youth
The Province

November 17th, 2008

Alex Shipillo figures anyone can be a good entrepreneur without having to own a business. It’s about making your own rules, being creative and inspiring those around you....
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Making an Impact
Imprint

November 16th, 2008

When he first heard of the Impact Entrepreneurship Group, Aditya Shah, was drawn to the entrepreneurial vision Impact. Three years later, he wants to share the opportunity for others to realize their own dreams...
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CBC Dragons’ Den

October 30th, 2008

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University of Waterloo Alumni Newsletter

October 2008

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Metro News Canada

October 20th, 2008

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Iron Warrior

September 2nd, 2008

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The Charlatan

October 2nd, 2008

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Mississauga Business Times

September 29th, 2008

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Exchange Magazine

January/February 2008

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The Record

November 20th, 2007

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Iron Warrior

November 14th, 2008

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Wilfred Laurier School of Business and Economics Student Council

September 20th, 2007

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The Record

September 19th, 2007

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PROFIT

2006

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Windsor Star

2006

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Testimonials

“It has been great to be involved with Impact because as an organization it offers the ideal vehicle to kindle entrepreneurial flame in these young leaders of tomorrow.”
David Johnston, President
University of Waterloo
Exchange Magazine

"Don’t be discouraged by people who say it is a bad idea. For every one person who says that there’ll be two to prod you on”
Kunal Gupta, Founder
Impact Entrepreneurship Group
The Record