Hello Students & Advisors,

Please review this email for some important reminders and updates.

Included in this email:
  • Resilience & Entrepreneurship
  • Start-Up Capital, Fixed Costs & Business Plan
  • Use of JA Logo
  • External Student Opportunities

Deadline Reminders:
  • Bonus Team Challenge Points - Photos Wanted - "Due February 5*
  • Mid-year Attendance/Student List - *Due February 5*
  • Business Plan and Fixed Costs #1 - *Due February 12*

Previous Updates:
  • Company Program Awards
  • Networking Workshop Recording
  • Banking Letter Request
  • Upcoming CP Visits


NEW UPDATES
Resilience & Entrepreneurship

"For entrepreneurs, resilience is about rethinking the way you see setbacks, and viewing them as catalysts of growth and progress rather than threats to be avoided. Because the truth is, the times you grow—as a person, as an entrepreneur—are the times when you’re faced with extremely difficult problems and decisions." (foundr.com)

We have been so impressed with all of you so far this year - your commitment to the program and the resilience you have all demonstrated. We challenged you to come up with products/services that you could deliver virtually and you have all done a tremendous job at finding innovative ideas and solutions. Well done!

While there may be continued challenges and setbacks along the way, we wanted to remind you to "trust the process". Whether your ideas comes together the way you imagined or not, whether you are able to make a profit or not, please remember that it will be this experience, the learnings and the connections you make that will be the most valuable to you in the long run.

Keep learning and keep going.
Start-up Capital, Fixed Costs and Business Plan

If your team has their product/service approval, it's time to focus on start-up capital and business planning. Here are the links for your quick reference.


Business Plan and Fixed Costs #1 Due: February 12, 2021

Other Department Resources can be found under Phase 3, Week 5 on the JA Canada Resource Portal here. This includes templates for Marketing Plan, Sales Training, etc.
Use of JA Logo

When using the JA Central Ontario Logo on your website, packaging, etc., please use the logos provided below.

REMINDERS:
  • Please make sure you are using the CORRECT JA logo on all of your materials - do not use the logos you find on Google. Use the "JA Central Ontario" logo only.
  • You must also ensure that your name is listed as: "Name of Company, a JA Central Ontario Company"

External Student Opportunities

We've added a section to the JA Central Ontario resource page where you will be able to find some external student opportunities offered by our partners and sponsors.

Head on over to learn more about some current opportunities offered by CPA Ontario!

DEADLINES
*Bonus Team Challenge Points* - Photos Wanted
Due: Friday, February 5

We would like to collect some photos and updates from teams to share on our social media.

This can include photos/screenshots of any of the following:
  • your team during your virtual meeting
  • any collaborative work you've done (screenshot of your Mural)
  • any posts/videos your team has created

Please upload your photo and also include a short description (1-2 sentences is fine) on what the photo is about here. Please ensure you include your program name in the file name.

Each photo submission will be awarded a bonus 10 team challenge points. Maximum 3 submissions per team can be awarded.

For more information on the Team Challenge, including to download the tracker, please see here.

DEADLINE: To collect these bonus points, please submit your photos by Friday, February 5th.
Mid-Year Attendance/Student List
Due: Friday, February 5

LEAD ADVISORS & VP OF HR: Please upload a copy of your most updated student attendance list here. Please ensure you indicate any students who are no longer part of the program.
Business Plan/Fixed Cost #1 Due
Due: Friday, February 12

Please upload your business plan here.
Please follow instructions to submit your fixed costs here.

PREVIOUS UPDATES
Company Program Awards Update

Here is a list of the awards that will be offered this year. We will be sharing more details about these awards in the coming weeks. Application forms will be shared in March.

Individual Awards
• President of the Year
• Leadership in Finance
• Leadership in Marketing
• Leadership in Sales
• Leadership in Production & Technology
• Leadership in Human Resources
• JA Journey Award
• Changemaker Award
• Jane Eisbrenner Scholarship
*All individual awards must be nominated by the Advising Team. One nomination per category per team is allowed. For the departmental awards, it does not have to be the VP who is nominated.

Group Awards
• Company of the Year (3 categories: Retail, Technology, Social Enterprise)
• Gary and Joanne Reamey Family Award (CSR Award)
• Best Brand Award
• Team Challenge Award
*Teams can nominate themselves (with Advisor reference) to any or all of the awards.

Process
Step 1: Advisor will nominate the students. Students will complete the application forms and submit.
Step 2: Applications are reviewed by preliminary judges. Finalists are selected.
Step 3: Finalists will attend Virtual Student Interview Night
Step 4. Winners will be announced at ventureON.
Banking Letter Request

To learn more about banking, please review the banking FAQ here.

Once your team is ready to move forward with opening a bank account, please email companyprogram@jacentralontario.org with the following information:

  1. Name of your JA Company
  2. Name(s) of your 1 - 2 Signing Officers (Advisors)

Where possible, we would encourage two Advisors to have signing authority, however, for this virtual year, we are making an exception and allowing for one Advisor to set up the bank account if two Advisors are not able to coordinate to open the bank account.

For your internal process, regardless of how many Advisors are on the bank account, please ensure that you have two Advisors (including the signatory) and your VP of Finance or member of Finance Department responsible for reviewing/signing along with the Advisors. This will provide the students an opportunity to learn about accountability and financial controls within a business.
Upcoming CP Visits

Each year between February and March, we schedule Company Program visits with each of our after-school Company Programs. The visit is an opportunity for JA staff to meet the students, provide some JA updates including upcoming events and CP awards and answer any questions your team may have.

Your team can choose to prepare a short presentation of their company - it is not mandatory but highly encouraged as it is a great opportunity for your team to practice your pitch!

I will be in touch over the next month to confirm the dates and times with your Lead Advisors. Visits will last between 20 to 30 minutes.
Upcoming Dates

To view the full CP Calendar including upcoming deadlines, click here.

February 5
Mid-Year Attendance List Due

February 12
Business Plan & Fixed Cost #1 Due
Should you have questions or concerns regarding any of the above information, please don’t hesitate to reach out to us at companyprogram@jacentralontario.org

Thank you!

Lucia & Lesley
The Company Program Team
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