President's Report 2007

ACE Memorial makes it to semifinals in global competitio

ACE Memorial

ACE Memorial, a group of young entrepreneurs mainly from the faculty of business made it to the semifinals in the SIFE (Students in Free Enterprise) World Cup last September in Paris, France. Representing Canada against teams from countries including Germany, Botswana, Kyrgzstan and China, the team put in a flawless performance according to business dean Dr. Gary Gorman, who accompanied he team.

In the semi-finals against Mexico, the Philippines and China. Ultimately ACE Memorial was edged out by China, who emerged as the overall winner of the World Cup. The SIFE World Cup is an annual event that brings together young entrepreneurs from around the globe. The best teams from 45 countries competed in Paris to showcase their projects. Getting to the World Cup was no easy feat – a total of 1,800 teams competed to represent their counties.

One Canadian CEO who acted as a judge in the World Cup said the spirit, commitment hardwork, unity and “funability” shown by the “team from the Rock” made him proud to be Canadian. He also reckoned the team had three or four prime ministerial candidates, or perhaps a young John Crosbie among their numbers.

The competition was judged by global business leaders who based their decisions on the impact team projects had on their community. ACE Memorial created and delivered 21 programs last year that helped their community and beyond. One program, Project Passport, helped new Canadians learn how to succeed in business. Workshops helped develop skills such as accounting and business plan writing, and resume and interview techniques.