NR-10-2013-03 October 24, 2013 News Release Inaugural Shad Valley University of Saskatchewan Team Wins Top Prize at National Entrepreneurship Competition WATERLOO, Ont. – Tonight, a nationwide team of nine bright high school students from Shad Valley’s inaugural program at the University of Saskatchewan (U of S) received the prestigious Best Overall award, and other top honours, in an annual competition that tests entrepreneurial prowess, innovative spirit and leadership skills. In the first Shad Valley Entrepreneurship Cup since the University of Saskatchewan joined Shad Valley’s roster of top host university campuses, Shad Valley’s Saskatchewan team clearly demonstrated how the program unleashes the entrepreneurial and innovative potential of exceptional youth. 15 teams from 11 host university campuses from coast to coast unveiled their inventions to help increase the efficiency and safety of year-round human-powered transportation in Canada. Shad Valley U of S’ top prize winning team, VISIBL, developed a new jacket that improves road visibility for cyclists. Featuring LED turn signals operated by convenient switches at the cyclist’s fingertips, VISIBL aims to increase cyclists’ safety by providing motorists with clear indications of the cyclist’s direction of travel and most importantly, alert them of their presence on the road. “The Shad Valley Entrepreneurship Cup is a visible manifestation of our mission in action – unleashing the entrepreneurial and innovative potential of exceptional youth,” said Barry Bisson, President of Shad Valley International. “Shad Valley instills self-confidence that empowers our students to develop the attributes needed for success in entrepreneurship - qualities such as passion, vision, resilience and determination. This entrepreneurial process, from idea to execution, enables youth to witness a transformation in themselves and their team.” In total, VISIBL placed in five of the seven categories at tonight’s event, four of which were first place awards: 1st - Best Overall 1st - Best Marketing Plan 1st - Best Business Plan 1st - Best Application of Theme 3rd - Best Application of Scientific Principles The Shad Valley Entrepreneurship Cup is an extension of Shad Valley’s annual four-week enrichment program. A platform for students to learn to lead among leaders and use their creativity and knowledge of science, technology, engineering and mathematics to develop solutions to real world problems, the Shad program offers workshops, lectures and team-building activities run by industry and academic leaders. With this distinguished conclusion to Shad Valley 2013, the application process is now open for 2014, and submissions will be accepted until December 12. High school students with high academic achievement as well as exceptional drive, initiative and creativity are encouraged to investigate the opportunity. To learn more, please visit www.shad.ca. -30For Further Information or to set up an interview, please contact: Katie Kocher, Media & Public Relations Coordinator E. [email protected] T: (519) 884-8844 ext 234 8 Young St. East Waterloo, Ontario N2J 2L3 T: (519) 884-8844 www.SHAD.ca
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