Could you build a successful business with just $1 in startup funds?
During the month of February, two teams of U of G students are taking the Micro-Tyco challenge, using just $1 in seed funding to create a business and raise as much profit as possible.
Through Wild Hearts Group, the money these teams raise is turned into micro-loans for female entrepreneurs in developing countries. Micro-loan recipients use these small startup funds to launch their own businesses, creating a no-strings-attached source of income and financial liberation.
Micro-loan recipients have started businesses creating handicrafts, soaps, food products, textiles, etc. that allow them to lift themselves and their families out of poverty.
This year’s projects
Interested in supporting the Micro-Tyco challenge?
Charity Hockey Tourney
Students from Engineering and Commerce will face off to score goals and raise more than $10,000.
When: 7:30 – 9 p.m. on March 2
Where: Gryphon Centre Arena
Cost: Tickets $5 in the EngSoc Office in the Thornbrough Building or through Eventbrite
Inspirational Women Colouring Book
Good for relieving stress and inspiring greatness, this colouring book features quotes from influential women and creativity-boosting pictures to colour. The graphics were created by Relive Graphics, a U of G student duo committed to promoting equality throughout the world.
The Inspirational Women Colouring Book is available to order online.
Cost: $14.99
U of G’s participation in Micro-Tyco is organized through CBaSE (Centre for Business and Student Enterprise), housed in the College of Business and Economics.
The next Micro-Tyco challenge happens in October. All faculty, staff and students are invited to take part. Contact Erin Doherty, CBaSE program manager, at dohertye@uoguelph.ca to learn more.
