Blog

YEDI’s First Hybrid Classroom!

8 years ago, we launched our first program with the opening remarks of Dr. Middleton and Dr. Ressin. We are so excited to announce that yesterday, once again, Dr. Middleton and Dr. Ressin were able to host our first hybrid program. YEDI has adapted to this new reality by integrating a new hybrid learning environment, revolutionizing the traditional classroom and using cutting edge technologies that offers seamless interaction between those in person and those online. We are following all current COVID-19 regulations to ensure a safe and positive learning environment.

2014 – First YEDI Program
2021 – First Hybrid Program

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Congratulations to our Incubator Program Graduates!

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.

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Entrepreneurship MBA – First Of Its Kind!

Take your expertise to the next level, join the innovative Entrepreneurship MBA!

The Academic Department of YEDI in Plekhanov University of Economics is opening an MBA Program. The degree will be awarded by Plekhanov University and is recognized in Canada and around the globe. As a Canadian charity, YEDI is committed to ensuring this world-class program is accessible to Canadian entrepreneurs who are eager to launch and grow their ventures. 

In today’s robust business ecosystem, entrepreneurs need the tools and education to survive and thrive. The MBA in Entrepreneurship developed by the Academic Department, draws from the Institute’s long track record of accelerating successful ventures to bring a complete curriculum, specifically created to meet the needs and challenges of entrepreneurs.

With high-level connections and specialized courses, the MBA gives entrepreneurs the opportunity to personalize their learning experience while leveraging connections with industry leading experts.

YEDI is committed to facilitating scholarship opportunities to innovative Canadian entrepreneurs. Applicants may be eligible for scholarships worth up to 100% of tuition, conditional on financial need and academic performance.  

As a unique component of this program, participants will complete a practicum placement working on their own venture or joining an existing start-up in order to apply their learnings. 

Find out more about the Entrepreneurship MBA!

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Congratulations to our Not-for-Profit Program Graduates!

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!

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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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Members of Parliament acknowledge YEDI’s UBI ranking achievement

Thank you, Hon. MP Peter Kent and MP Michael Levitt for visiting YEDI and our wonderful November International group to address the participants and present YEDI with congratulatory letters marking YEDI’s recent UBI Global ranking achievement. Hon. MP Peter Kent and MP Michael Levitt have been wonderful supporters of YEDI from the beginning, and we are very grateful for it.

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YEDI Ranked Among World Top Business Accelerators by UBI Global

York Entrepreneurship Development Institute has once again been ranked among the World Top Business Accelerators by UBI Global. This means that, as assessed by UBI Global, YEDI has demonstrated exceptional achievements in value creation for client start-ups, value for the local ecosystem, and overall attractiveness as an accelerator. 

“The secret of our success is a great team, amazing partners and ambitious goals,” said YEDI President, Dr. Marat Ressin, who accepted the award on YEDI’s behalf at the World Incubation Summit. 

Within 6 years, YEDI has helped over 550 entrepreneurs from all over the world grow and achieve their business objectives by providing education, mentorship, and resources. YEDI alumni have proven to be innovative and resilient, leading to the highest survival rate in the industry of 87% post-program completion. 

Since its inception, YEDI has been committed to the goal of educating and supporting entrepreneurs both at home in Canada and around the world. In 2019, the YEDI VC Fund became an officially designated VC fund by the Government of Canada under its Start-Up Visa Immigration Program, allowing international ventures to grow and flourish in Canada along with YEDI’s guidance. 

In partnership with the Schulich Executive Education Centre at the Schulich School of Business, YEDI continues to develop its educational programs, creating new opportunities for entrepreneurs to obtain knowledge from world-renowned and experienced instructors and key industry leaders. 

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YEDI brings its International Start-Up Program to Kazakhstan

YEDI continues to develop its international connections, with the next destination being Kazakhstan, Central Asia’s largest economy. Today we are happy to announce our newly-established partnership with Suleyman Demirel University, which actively participates in educational projects globally. In partnership with the university and with support of the local municipality, YEDI will bring its International Start-Up Program to Almaty in February 2020 to help local and international start-ups launch and grow their business to North America. We’re looking forward to the Canada-Kazakhstan partnership growing.

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YEDI Concludes First International Start-Up Program in Armenia

Since its inception, YEDI has been committed to the goal of educating and supporting start-ups both at home in Canada and around the world. There is an ever-growing entrepreneurial presence in developed and developing countries globally, and YEDI is always looking for new opportunities to bring its renowned International Start-Up Program to new nations.  Most recently, YEDI ran its program in Yerevan, Armenia. 

In recent years, Armenia has been experiencing positive and impactful changes that are greatly supporting the country’s goals for the near future. YEDI believes that it can assist Armenia in improving their exports, attract investments, and help Armenian ventures to reach global markets. This is what drew YEDI to bring the International Start-Up Program to Yerevan in partnership with the Plekhanov Russian University of Economics. This January, Plekhanov University opened a new department in their Moscow Headquarters (Global Finance and Small Business Development by York Entrepreneurship Development Institute [Canada]) for YEDI to deliver its programming within the university. This gives YEDI the ability to utilize any of the 22 branches of Plekhanov University to run similar educational programs. 

The news of YEDI’s commitment to supporting Armenia’s economic goals caught the attention of many officials in the Armenian government, important educational figures and media personnel. The program’s concluding venture fair was attended by a representative of Armenia’s President Armen Sarkissian, Armenia’s Minister of Economy Tigran Khachatryan, several members of the Armenian Parliament, a representative from the Russian Consulate in Armenia, a Trade Commissioner from Russia, the Director of the Plekhanov Russian University of Economics (Yerevan Branch) Tamara Vardanyan, as well as the Chairman of the Board of Trustees of Plekhanov Russian University of Economics (Yerevan Branch) Arman Vardanyan. 

During his welcome speech, Minister Khachatryan expressed his full support of YEDI’s programs and has committed to providing YEDI land to build an acceleration campus in Yerevan. 

“I want to thank the organizers of this program in Armenia and from my end, I am ready to support and assist further cooperation of this partnership.” – Minister Khachatryan. 

YEDI believes that academia has no borders and will continue to support and partner with developing economies globally by running educational seminars and programs in countries around the world. 

News Armenia, Euromedia and Lurer’s media coverage including video of the venture fair: 

https://news.am/eng/videos/26311.html

https://euromedia24.com/?p=43830&l=en

https://lurer.com/?p=333566&l=en

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