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Students challenged to become entrepreneurs to help restore Kingston historic landmark

2010-04-21

Engine 1095, the historic locomotive located in Confederation basin, is currently going through an extensive restoration process. To help raise community awareness and funds for the restoration of the locomotive, SIFE (Students in Free Enterprise) St. Lawrence College has developed a student challenge to help meet these two goals.

SIFE St. Lawrence College is a student run organization that creates programs for the betterment of the community. SIFE currently has five projects that promote financial literacy, create awareness of and take action against hunger, and lastly, to promote student entrepreneurship.

The Tracks 2 Success Entrepreneurship Challenge is a program whereby local high school students are challenged to create small businesses. Seventy-five per cent of the money made will be going towards the restoration of the historic Engine 1095 which has been renamed The Spirit of Sir John A.
The remaining funds will go towards a reward for the participating students.

Kingston Collegiate and Vocational Institute was the first to jump on board, and has more than 80 students participating. These students have been given a $100 loan to start their business and have 10 weeks to generate as much revenue as possible. The winner of the program will have the opportunity to
work with KEDCO’s Summer Company program and win a prize, which will be announced at the end of the competition.

The winners of the competition will be announced at the First Capital Day celebrations held in downtown Kingston on June 15, 2010.

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Media Contact:

David Covey, Director of Operations
C: (613) 340-4548
E: dcovey@sifeslc.ca