Young entrepreneurs compete for place in The Next 36
Eight entrepreneurial students from Queen’s have been selected from a pool of more than 300 applicants to compete for a spot in The Next 36, a program aimed at helping launch the careers of Canada’s most promising and innovative undergraduates.
Members of The Next 36 will each receive a scholarship for the year-long program valued at $25,000. They will be grouped into teams of four and spend the next eight months developing a mobile application; each team will receive $50,000 in seed capital to fund its venture. Members of The Next 36 will also spend next summer in Toronto learning the ins and outs of entrepreneurship from some of the top CEOs, professors and business mentors in the country.
“Entrepreneurship is getting paid well to do what you love, and being your own boss because no one’s telling you what to do,” says Michael Schmidt (Engineering Chemistry), an entrepreneur who was involved in developing the world’s first hybrid fuel-cell power station at Enbridge Inc and is in the process of starting up a scrap metal and recycling business.
164 finalists participate in a rigorous interview process this weekend, and on Sunday they’ll learn whether or not they have been selected for the elite group.
“I don’t think I was born an entrepreneur, but with my mom’s encouragement I went in that direction and now I’m at the point where I can’t see myself doing anything else,” says Lhisha Bennett (Spanish), the founder of Breaking Still Water Canoe Trips.
Other Queen’s students heading to Toronto for the competition include:
Maximillian Bailey (Mechanical Engineering) is the founder of Primer Business Solutions and was named Ottawa’s 2010 Young Entrepreneur of the Year.
Emily Dymitosh (Commerce) is the founder of Practically Green Solutions, a sustainability
consulting firm that helps small to medium-sized businesses streamline their business practices in a cost-effective and environmentally-friendly way.
Nicholas Klimchuk (Commerce) is the initiator of “sweatshop-free” spirit wear at Queen’s, which has generated over $50,000 in sales.
Ang Li (Commerce) is the developer of Pocket Database for Starcraft 2, an iPhone application, and is also cofounder of Day on Bay, a financial site.
Dan McCann (Commerce) is the founder of Dog on Geese, a company that uses border collies to rid golf courses, airports and other places of Canada Geese in a responsible way. He competed in the prestigious Singapore Management Case Competition.
Seth Rosenberg (Commerce) is the founder of True Blue Pools & Spas as well as The Lake of the Woods Post for cottagers. He is now the portfolio manager for Queen’s University Investment Council.
More information about The Next 36.