Pacific Finalists for Ernst and Young Entrepreneur Of The Year 2011
Entrepreneurs are poised to drive the next major wave of economic growth, but the wider community must do more to support these creative-minded innovators, Ernst & Young said today when revealing this year’s finalists for Ernst & Young Entrepreneur Of The Year®.
“Entrepreneurs have the ability to transform ideas into great businesses. And not just any business – businesses that drive economic growth,” says Ron Voyer, Pacific Director of Entrepreneur Of The Year. “Behind their success is an entrepreneurial mindset to innovate, create jobs, and invest in communities across the country.”
In a new global survey of entrepreneurs – Nature or nurture? – Ernst & Young uncovered that funding, people and know-how were the biggest barriers to entrepreneurial success. Among the six out of 10 respondents who experienced obstacles in their ventures, 33% called lack of funding or finance their biggest stumbling block.
Voyer says that’s only the first issue. Entrepreneurs need improved access to credit in addition to new educational opportunities and less red tape. He also underlined better leadership from Corporate Canada, which stands to gain by building an internal spirit of entrepreneurship — or intrapreneurship — into their business model to promote innovation, creativity and fresh thinking.
“Entrepreneurs challenge conventional thinking and spot opportunities where others see road blocks,” says Voyer. “With a wealth of entrepreneurial potential waiting to be unleashed, stakeholders – from governments to businesses to academia – need to work together to create an ecosystem that enables entrepreneurs to thrive.”
In April, an Ernst & Young/Financial Post survey found more than one-third of entrepreneur respondents were more optimistic about their company’s’ future prospects than they were just six months ago. Voyer says that’s a positive step in the right direction.
“Taking lessons from the past into account, Canada’s entrepreneurs are ready to continue building on their accomplishments and supporting our economy in the years ahead,” says Voyer. “And with the right business and community support, there’s no limit to what these entrepreneurs can accomplish.”
The Entrepreneur Of The Year Awards recognize the spirit and contribution of entrepreneurs here and around the world. The Canadian program is in its 18th year of honouring the country’s most impressive entrepreneurs from all areas of business. Award winners are chosen based on their vision, leadership, financial success and social responsibility.
The Pacific winners will be announced at a banquet on October 5, and the overall winner will represent the region at the national banquet held in Toronto on November 23.
The 2011 Pacific finalists for Entrepreneur Of The Year:
Business-to-business products and services
Darby Kreitz – Allnorth Consultants Limited – Prince George – Provides engineering and consulting services to clients in the mining, pulp and paper, chemical, oil and gas, marine, transportation, power and municipal sectors.
Ross Waters – C.G. Industrial Specialties Ltd. – Vancouver – Supplier of valves and controls.
Doug Morneau – Rhino Marketing Inc. – Port Coquitlam – A full-service marketing agency that knows business and how to connect clients with their customers online. Read the rest of this entry »
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