On February 2nd, YEDI had the opportunity to host an in-person hybrid venture fair with our Not-for-Profit graduates! It was wonderful to hear the pitches of our entrepreneurs. Our hybrid learning classroom allows us to seamlessly immerse our virtual participants into our in-person learning environment for optimal experience and collaboration.
These passionate change-makers got the opportunity to showcase their pitches to a diverse audience pertinent to their unique missions.
YEDI wishes all the graduates of the 2022 Not-for-Profit program luck with their future endeavours!
Following the success of our first virtual Not-for-Profit program last fall, YEDI took on the challenge of hosting our world renowned Incubator program online. We extended the accessibility to entrepreneurs all over Canada, the result was a collection of innovative participants ready to take on 16 weeks of intensive learning.
On June 16th, these knowledgable entrepreneurs got the opportunity to showcase their business plan, models, and milestones to an investor audience. The ventures, ranging from the education sector to the health sector and beyond, excelled at their pitches resulting in an extremely successful virtual venture fair.
YEDI is so proud of all our graduates, we extend our deepest wishes of success for them and their venture’s in the future. As always, many thanks to our wonderful partner, Schulich Executive Education Centre.
It all starts with an idea. Over the past 16 weeks, not-for-profit leaders have refined their visions and missions, tested their offerings and devised efficient and sustainable business plans. Along the way, the participants have been encouraged and guided through the commitment and expertise of their program advisors, instructors and mentors, and we thank them for their dedication and invaluable contribution.
Even with the challenge of running a program during COVID, YEDI was able to successfully host the first virtual Not-for-Profit Venture fair. The organizations, ranging from the mental health wellness sector to the business development support sector and beyond, excelled at their pitches resulting in an extremely innovative and insightful venture fair.
YEDI congratulates its NFP graduates and wishes them all the best of luck with their organizations in the future!
This past January, YEDI welcomed 15 international entrepreneurs to participate in its inaugural cohort at Plekhanov University, Moscow. The group was comprised of ventures spanning diverse sectors and industries from 7 countries. YEDI is delighted to collaborate with Plekhanov University and looks forward to many more successful cohorts!
On April 27th, 2018, Michael Levitt, Member of Parliament for York Centre, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), celebrated YEDI’s recent ranking by UBI Global as the #1 University Linked Accelerator in the World.
In just four short years, YEDI has pioneered an innovative methodology for business acceleration, which combined with strong partnerships and talented mentors, has propelled them to become the leading acceleration program in the world!
The celebration event was attended by Michael Levitt, Member of Parliament (York Centre), on behalf of the Honourable Minister Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), along with YEDI alumni, community partners, and supporters, to mark the international recognition of YEDI’s program delivery. In 2017, FedDev Ontario made a non-repayable contribution of almost $2 million towards the delivery of YEDI’s Incubator Track program, one of the Institute’s successful programs delivered to 45 entrepreneurs in York Region and the City of Toronto.
UBI Global is a Swedish-based data and advisory firm specializing in mapping, highlighting, and connecting the world of business incubation. According to UBI Global, a top university-linked acceleration program is a business accelerator connected to an institution of higher education that achieves outstanding impact and performance relative to its global peers. The program outperforms its global peers with regard to the value it provides to its innovation ecosystem and its client startups, as well as the attractiveness of the program itself.
This year’s rankings showcased the growth and improvement of Canada’s incubation and acceleration landscape with many of the top programs being from Canada.
As YEDI embarks on its fifth year, it is looking forward to welcoming international entrepreneurs, growing the Incubator Track, and expanding the YEDI Business Acceleration campuses.
“Congratulations to the York Entrepreneurship Development Institute on being ranked the #1 University-linked Business Accelerator in the World by UBI Global for 2017/2018! This accomplishment brings great pride to the southern Ontario region and Canada.”
– Michael Levitt, Member of Parliament (York Centre)
“The successful delivery of incubator track and accelerator programs is vital in supporting the growth of high-potential, early-stage businesses and positively impacts the startup ecosystem in Canada. I am pleased to see the success YEDI is having in providing Canadian entrepreneurs with innovative tools and skill development, along with opportunities to engage investors, enhances their ability to scale-up and expand into new markets.”
-The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Federal Economic Development Agency for Southern Ontario
“YEDI has developed tremendously since the 2015 UBI global rankings; our alumni network grew by five times and the number of jobs created by them grew tenfold. YEDI developed strong partnerships across the ecosystem and around the world. This helped us to provide alumni with all resources needed for growth. We see this as a great example of collaboration between academia, industry and government!” Dr. Marat Ressin, YEDI President
UBI Global is a Swedish-based data and advisory firm specializing in mapping, highlighting, and connecting the world of business incubation. Through a network of more than 500 member organizations from over 70 countries, UBI Global provides matchmaking, ranking, benchmarking, and research services to corporations and business incubation programs.According to UBI Global, a top university-linked acceleration program is a business accelerator connected to an institution of higher education that achieves outstanding impact and performance relative to its global peers. The program outperforms its global peers with regard to the value it provides to its innovation ecosystem and its client startups, as well as the attractiveness of the program itself.
“YEDI operates based on a unique model and therefore it was important for us to see how we compare to other accelerators in order to validate that our choice of model was indeed correct. Additionally, the scientific research provided by UBI has been incredibly valuable as we are able to understand which areas require a greater focus and how we may improve. Due to the research provided in 2015, we were able to implement significant improvements which helped us improve our ranking this year. Moreover, YEDI is linked to one of the top business schools in the world, and it is important for us to maintain this high level of education.
Being part of UBI’s global rankings has allowed us to connect with leading accelerators and incubators around the world, share resources and learn from each other so that we may provide the best services and support to entrepreneurs.” Dr. Marat Ressin, YEDI President
This year’s rankings showcased the growth and improvement of Canada’s incubation and acceleration landscape with many of the top programs being from Canada.
As YEDI embarks on its fifth year, we look forward to leading the first Canadian Global Start-Up Mission to Israel, welcoming international entrepreneurs, growing the Incubator track and expanding the YEDI Business Acceleration Campuses.
The YEDI team is extremely proud and humbled by this announcement. We share this honour with our partners, mentors, donors, collaborators and most importantly our alumni. Thank you!
Marking the closing of 4 months of hard work, graduates of the Spring 2017 Incubator Track and Existing Not-For-Profit Track pitched their ventures to YEDI’s funder audience on June 27th and July 14th.
The events featured remarks by Dr. Marat Ressin (President, YEDI) and various YEDI partners and supporters including Dr. Alan Middleton (Executive Director, Schulich Executive Education Centre) and Raphael Costa (Manager, Vaughan Business Enterprise Centre).
Following the formal pitch presentations, which took place at Vaughan City Hall and at our YEDI Business Acceleration Campus, the participants offered a closer look into their ventures and projects while networking with guests from different industries and organizations supporting entrepreneurship and changemaking in Canada.
YEDI would like to congratulate all of our graduates for their hard work! We look forward to seeing you grow and succeed even more. Thank you as well to everyone who attended the Venture Fairs and for your continuous support of YEDI.
Have a start-up idea? Growing an existing venture or not-for-profit organization? Applications for the Fall 2017 Youth Program and Not-For-Profit Tracks are accepted until September 20, 2017. Please follow this link to apply and learn more about YEDI’s various program tracks.
On Friday April 28th Michael Levitt, Member of Parliament for York Centre, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario announced an investment in the York Entrepreneurship Development Institute to support the delivery of our Incubator Track program. MP Levitt also celebrated the graduation of 15 entrepreneurs who participated in the first cohort of the program and also met entrepreneurs of the second cohort, which was launched on March 16, 2017.
“The Government of Canada recognizes the vital importance of skills development and growing new companies in making Canada a global centre for innovation. This investment in the York Entrepreneurship Development Institute will help 45 entrepreneurs to gain the necessary skills and access to capital, with a goal of creating innovative companies and jobs of the future.”– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Federal Economic Development Agency for Southern Ontario
With this non-repayable contribution through FedDev Ontario’s Investing in Business Innovation initiative, we are providing much needed seed funding to support entrepreneurs in further commercializing their ideas and launching high-potential, early-stage businesses. During the ceremony, each of the 15 graduating ventures received a non-repayable, equity-free grant of $30,000.
“The York Entrepreneurship Development Institute is a key resource for entrepreneurs from any industry or sector. With the FedDev Ontario funding, the Institute will provide entrepreneurs with comprehensive training and mentorship to teach them the business skills they need to turn their innovative ideas into real solutions.”
– Michael Levitt, Member of Parliament for York Centre
We would like to thank FedDev Ontario for their generous investment, and thank all those who joined us on Friday for this wonderful announcement. As entrepreneurs establish and grow their businesses with help from this program, it is expected that up to 70 new full-time jobs will be created. Congratulations to all our newly funded entrepreneurs! We wish you continued success and are looking forward to sharing your results.
“We are extremely proud of the program and community of successful entrepreneurs we have created over the past few years. So far our hard-working graduates have one of the best survival rates of Canadian start-ups, and we believe that with this additional funding to help seed their ventures, they will be even more successful, and have long-term prosperity.”
– Dr. Marat Ressin, President, York Entrepreneurship Development Institute
MP Michael Levitt and Dr. Marat Ressin presenting Matrix Thompson with seed funding for his venture
Left to Right: Maria Konikov, YEDI Director of Operations; Andrea Orazi, Program graduate and Founder of The Chufa Co; MP Michael Levitt; Dr. Marat Ressin, YEDI President; Dr. Alan Middleton, Executive Director, Schulich Executive Education Centre
On March 9th, 2017, YEDI celebrated the successful graduation of the Fall 2016 Incubator Track. The graduation marked the completion of 4 months of dedicated work by participating entrepreneurs. The graduates faced a funder audience as they pitched and showcased their projects and ventures at the Schulich Executive Learning Centre at York University. Two of our participants, Kevin Chau (SummaryScanner) and Andrea Orazi (The Chufa Co.), shared: “It’s remarkable that a program like this even exists and helps entrepreneurs at every stage of their journey.”
Following the formal pitch presentations, the entrepreneurs offered a closer look into their ventures while networking with guests from different industries and organizations supporting entrepreneurship in Canada.
YEDI would like to congratulate all the participants for their hard work! We look forward to seeing you grow and succeed even more. Thank you as well to everyone who attended the Venture Fair and your continuous support of YEDI.
On January 17th 2017, YEDI celebrated the successful graduation of it’s Fall 2016 Existing Not-For-Profit cohort. The graduation, which took place at Vaughan City Hall, marked the completion of 4 months of continuous work by the participating organizations and projects.
During the Not-For-Profit Venture Fair, the participants faced a funder audience, pitching and showcasing their progress throughout the program. At the closing of the presentations, participants Nadia Sayeh (ANNISAA Organization of Canada) and Leslie Shapiro (Ahavat Yisrael Hebrew School) shared their personal experience of the YEDI program: “The diversity of the group brought together so many different perspectives. It was a very enjoyable experience, and I feel so fortunate to have been able to participate in it. It will truly have a lasting effect on my life”, said Nadya.
The event featured remarks by Dr. Marat Ressin (President, YEDI), Hon. Maurizio Bevilacqua (Mayor, City of Vaughan), Michael Levitt (MP, York Centre), Rabbi Yoseph Zaltzman (Chief Rabbi, Jewish Russian Community Centres Ontario), Raphael Costa (Manager, Vaughan Business Enterprise Centre), along with other notable speakers and representatives.
We are very proud of all the participants who represented their projects at the event and would like to congratulate them on their hard work during this whole time. Thank you as well to everyone who attended the Fall 2016 Venture Fair. We look forward to seeing all the alumni succeed and develop even more!
As 2016 comes to a close, we would like to take a moment to share our achievements from the past year. This year, 60 entrepreneurs and not-for-profit organizations successfully graduated from our programs. YEDI’s Acceleration Campus continues to grow with 45 companies residing and developing in the space.
Throughout the year new programs, both international and local, were introduced to support a broader array of entrepreneurs. The senior mentorship program is a unique and innovative initiative, which connects retired professionals to early stage entrepreneurs in order to guide them on the path to success. Since launching in September, over 60 entrepreneurs received support from these valuable mentors.
This summer, YEDI went abroad and delivered it’s intensive entrepreneurship program in Israel. The participants received workshop-based training in entrepreneurship and an opportunity to present their venture to top-funders of the Israeli start-up eco-system.
YEDI was also chosen to receive funding from the Federal Government and now provides seed funding of up to $30,000 to innovative entrepreneurs who successfully complete the Incubator Track. Applications for the program are currently accepted until February 10th, 2017. To learn more and apply click here.
Looking back at all the progress made this year, we would like to thank our partners, sponsors, donors and alumni for being a part of this unique community which keeps growing with time. Your contributions enable us to provide valuable and necessary services to not-for-profit organizations and emerging entrepreneurs. We extend our very best wishes for a happy new year. May the upcoming year provide us all with great opportunities, growth and strength.
On March 9 York University President Mamdouh Shoukri joined YEDI for a celebratory event marking the Institute’s achievement as the Top 3 University Linked Accelerator in North America and #1 in Ontario as ranked by UBI Global.
“York University offers some of the most creative entrepreneurial programming available, and YEDI has played an important role in helping us to achieve that. With the initiation of resources such as the Schulich Executive Education Centre and LaunchYU, YEDI has come a long way towards realizing its mission of providing innovators from any sector or industry top-tier training, business education, and mentorship. It is wonderful to see organizations such as UBI Global recognizing YEDI for what it is—a key catalyst for growing the knowledge-based economy in Canada and around the world.” Mamdouh Shoukri, President and Vice-Chancellor, York University