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YEDI Raises Over 5 Million Dollars Towards The Launch Of Its Newest Business Acceleration Campus

 During this unique and ever-changing time, YEDI is proud to announce the launch of it’s newest business acceleration campus in Israel! Thanks to the help of extremely generous donors, YEDI has raised over 5 million dollars toward this exciting milestone.  

A hub for innovation and a unique start-up ecosystem, this campus will provide opportunities for both Canadian and Israeli entrepreneurs to broaden their knowledge and delve deeper into their entrepreneurial aspirations. The campus will provide resources, programming and services ranging from mentorship, education and connections to resident entrepreneurs. This new Canadian-Israeli partnership gives opportunities for start-up businesses to better equip themselves with the help of world-renowned instructors and key industry leaders. As a Canadian charitable institution, this space will be inclusive and accessible to all, with the hope of promoting peace and prosperity in the region. 

YEDI President, Dr.Marat Ressin, traveled to Israel this past June to commemorate the cornerstone ceremony of this innovative facility. The event was attended by high ranking Israeli officials from government and academia. YEDI looks forward to opening its doors and welcoming entrepreneurs to its newest innovation hub. 

Back in Canada, YEDI has been proactive during this time and completed renovations of its Alness Business Acceleration Campus, thanks to generous donations from local donors. YEDI is also proud to share that all resident companies of its business acceleration campuses have stayed in operation during this time with several companies experiencing growth and renewed opportunities. 

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YEDI Named Best Business Support Organization in Canada at Canadian SME Awards

YEDI was awarded Best Business Support Organization in Canada at the CanadianSME National Business Awards 2019. Presented in collaboration with Cisco, Lenovo and RBC Royal Bank, the business awards recognize excellence in the Canadian SME community and honour the contribution that businesses provide to the Canadian economy. 

“I wasn’t at all surprised to hear that YEDI has been name Best Business Support Organization in Canada, this news only makes me prouder to have been part of such a remarkable program. My time at YEDI is one of the highlights of my entrepreneurial career. Everything from the faculty to the curriculum to the industry partnerships is exactly what a top notch accelerator should strive towards. I walked away from the program at YEDI with more confidence, tools and relationships than I could have hoped for to further grow my business. And YEDI is still in our corner cheering us on and supporting us every step of the way.” Andre Orazi, YEDI Alumni and Founder of The Chufa Co.

YEDI operates based on a unique model and therefore it was important for us to see how we compare to other business support organizations in order to validate that our choice of model was indeed correct. Receiving this award, further proves to us that we are on the right track and look forward to supporting many more Canadian entrepreneurs.” Dr. Marat Ressin, YEDI  President  

About CanadianSME Business Magazine Canadian SME Magazine understands the need to provide a helping hand to new businesses. They’ve developed the idea of educating, encouraging and enhancing young businesses through influential writings presented by experts from various business fields. Through the magazine, Canadian entrepreneurs are inspired to do more and work smarter in order to achieve their goals. The succinct idea is to strengthen the conduct of Canadian SMEs: fortify their foundations and provide a smoother ride towards success with acquiring the best spot in the marketplace. And so, the Magazine’s vivid aim remains to empower Canadian SMEs and position them as the leading aces in their fields through its services. www.canadiansme.ca

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YEDI Concludes Fall 2019 Incubator Program

On January 10, 2020, YEDI celebrated the completion of the 2019 Fall Incubator Program. 15 entrepreneurs presented their ventures to YEDI’s funder audience, culminating 4 months of growth and hard work. Upon completion of the program, participants are now part of YEDI’s extensive alumni network where they will continue to be supported through access to mentors, networks and resources for continued success.

We look forward to celebrating your successes!

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