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REF NO.: 190

SUBJECT: Military transition business boot camp returns to St John’s

DATE: July 20

Prince’s Operation Entrepreneur (POE), a program of Prince’s Charities Canada, started its seven-day business boot camp for transitioning Canadian Armed Forces (CAF) members at Memorial University of Newfoundland on Sunday, July 19.

POE provides business education to transitioning CAF members and veterans. The program helps military members embarking upon their second careers to start their own businesses and create economic and social impacts in their communities. Initially developed as Based in Business by the Enactus Memorial team in 2008, the seven-day boot camp provides an opportunity for participants to focus on their next mission: their own success.

Community and student collaboration are key components of the boot camp experience. Throughout the week, professors at Memorial University, on a volunteer basis, share their expertise and industry knowledge in the classroom. Undergraduate business students from Enactus Memorial (a community of student, academic and business leaders enabling progress through entrepreneurial action) are paired with participants and provide one-on-one guidance to begin crafting their business plans. Local entrepreneurs share their experience at networking events throughout the week.

“These military members will be ready to start their second careers,” said Lynn Morrissey, associate professor, Faculty of Business Administration, who is responsible for the genesis of the program as well as managing the training for the program. “At Memorial, we are proud to support military members’ transitions and offer this group of 20 participants the skills and confidence they need to succeed in business.”

For the first time, a military couple is attending the program with the intent of opening a business together.

“We are looking forward to the week ahead, to get the knowledge we need to open our café in Pouch Cove and have it be a success, and provide us the opportunity to give back,” say Patrice and Greg King. “Moving back home to Newfoundland and starting our business is truly a decades-old dream come true.”

The Prince’s Operation Entrepreneur is the only program of its kind in Canada.

“We have seen many inspiring stories of business success,” said Amanda Sherrington, president and CEO, Prince’s Charities Canada. “His Royal Highness is deeply committed to supporting the military community, for whom he serves as colonel-in-chief to seven regiments.”

The success of POE has inspired the creation of a similar program launched in June in Australia that was led by The Prince of Wales’s Australian charitable office.

About the program The Prince’s Operation Entrepreneur (POE) is a made-in-Canada program of the Prince’s Charities Canada that combines two of HRH The Prince of Wales’ lifelong interests of encouraging entrepreneurship and support for the Canadian Armed Forces. Founded on an integral partnership with Enactus Memorial and Futurpreneur Canada (formerly the Canadian Youth Business Foundation), POE provides education, mentoring and financing options for transitioning members of the military who are interested in starting their own business. It combines the skills of top business professors, student volunteers and the financing and mentoring options of Futurpreneur Canada. Supporters of the program include Government of Canada, True Patriot Love, Aimia, Boeing, Garda World, Mosaic and Cobs Bread.

www.princesoperationentrepreneur.ca

About Prince’s Charities Canada

The work of Prince’s Charities Canada (PCC) is focused on The Prince of Wales’s core interests that have been well-established in the United Kingdom for more than 30 years. These include improving the lives of disadvantaged youth, education, responsible business, improving the built environment, regeneration of heritage, environmental sustainability and support for the armed forces. PCC works with existing Canadian charities already connected to The Prince and facilitates new opportunities for charitable organizations in Canada and the U.K. to work together.

www.princescharities.ca

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For more information, please contact Jeante-McCausland, prince’s operation entrepreneur, at 416-305-0433 or Janet.McCausland@princescharities.ca.

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