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The Hunt Is on for Canada's Best Young Entrepreneurs

PROFIT Magazine and Impact Entrepreneurship Group call for entries to
the 2nd annual FuEL Awards, celebrating Canada’s top 20 under 30

TORONTO, April 17, 2012 /CNW/ – Who will make the greatest contribution
to Canada’s economy of tomorrow? The most successful young
entrepreneurs of today.

Now entering their second year, FuEL Awards continue to help these young
leaders in their mission to build great companies—and build a better
Canada in the process.

Starting today, all Canadians can participate in this exciting
initiative by nominating a young entrepreneur or voting for their
favourite candidates at

Eligible entrepreneurs can apply directly at for one of the 20 FuEL Awards to be given out, plus two additional
distinctions: the FuEL People’s Choice Award, and the FuEL Entrepreneur
of the Year. Entrepreneurs do not need to be nominated by someone else
in order to apply. (Eligibility information appears below.)

The nomination/application deadline is June 30, 2012. Voting closes July
31, 2012

Founded by PROFIT Magazine in partnership with Impact Entrepreneurship
Group, the FuEL Awards honour the achievements and aspirations of
entrepreneurs under the age of 30, identify role models for progressive
business practices and inspire youth to make entrepreneurship their No.
1 career choice.

The FuEL Awards (Future Entrepreneurial Leaders) take a unique and
innovative approach by engaging Canadians of all ages and walks of life
in determining the winners. The program integrates today’s most popular
social media tools to attract nominations, applications and votes for
the candidates. Votes from the general public will constitute 20% of
each candidate’s total score, with the remainder determined by a panel
of judges from the entrepreneurial community.

Winners of the 2012 FuEL Awards will receive:

Profile on the FuEL Awards website and in an extensive editorial package
in PROFIT Magazine

A one-day business consultation with KPMG Enterprise professionals

A chance to be named FuEL Entrepreneur of the Year and receive
additional coverage in PROFIT Magazine and passes to the exclusive
PROFIT 200 CEO Summit and GrowthCamp conferences

Also, the applicant who attracts the most votes from the public will
receive the People’s Choice Award and a pass to GrowthCamp

The second annual FuEL Awards are produced by PROFIT Magazine and Impact
Entrepreneurship Group with the support of  National Sponsor KPMG Enterprise; Associate Sponsor Filemobile; and Strategic Partner CYBF Chairman’s Awards for Best Business.

The winners of the 2012 FuEL Awards will be announced on November 12,
, and profiled in the December 2012/January 2013 issue of PROFIT.

Eligibility Criteria:

The 2011 FuEL Awards are open to any resident of Canada born in or after
1983 who is the owner and chief executive (or the equivalent) of a
business that is:

headquartered and registered in Canada;

currently operating and has significant operations in Canada;

Canadian owned, and

operated independently and is not the subsidiary or division of a larger

For more information about the FuEL Awards, visit

About PROFIT Magazine
PROFIT: Your Guide to Business Success is Canada’s preeminent
publication dedicated to the management issues and opportunities facing
small and mid-sized businesses. For 30 years, Canadian entrepreneurs
and senior managers across a vast array of economic sectors have
remained loyal to PROFIT because it’s a timely and reliable source of
actionable information that helps them achieve business success and get
the recognition they deserve for generating positive economic and
social change. Visit PROFIT online at

About Impact Entrepreneurship Group
Founded in 2004, Impact Entrepreneurship Group is Canada’s leading
youth-run, non-profit organization dedicated to strengthening youth
entrepreneurship. Through its various programs, Impact encourages youth
to venture down the path of entrepreneurship and supports their
endeavours along the way. Impact succeeds in these efforts due to its
driven members, strong alumni network and many supportive partners.
Visit Impact online at