I Need Money - Where Do I get It?

One of the bloggers on CBC's hit TV reality show, Dragons' Den, posed the often posed question, "I'm under thirty years old, where do I get money to start my business?"

I recommend the Canadian Youth Business Forum.

This is program run by entrepreneurs for young, new entrepreneurs who are too high risk for banks. Don't slag off the banks either as they must look after the money given to them by depositors. If the US banks had remembered that priority, the world economy would not be in this current mess.

But back to the CYBF.

It lends money to young people but then assigns them a mentor and makes them part of a group. This helps these youthful business people get through the failures of business. 80% of small businesses do fail but CYBF's program, pushes that statistic way down.

One of these CYBF success stories is in the National Post, read the story here.

QuickSnap is being mentored by Brett Wilson, a Dragon from the Dragons' Den. Already, QuickSnap has gone to Afghanistan and, hopefully, the military will set up a contract soon.

Here is the story on CYBF, Brett Wilson and Quicksnap with more...