May 19, 2020

Coffee Café Wins BDC Young Entrepreneur Award

Bizclik Editor
3 min
Coffee Café Wins BDC Young Entrepreneur Award

 

The BDC Young Entrepreneur Award winner was announced yesterday, going to Zane Kelsall, owner of Two if By Sea Cafés. Winning the $100,000 BDC Grand Prize for innovation, Nova Scotia-native Kelsall’s proposed Anchored Coffee project promotes the use of ethically purchased and locally roasted coffee in business operations.

Two If By Sea Cafés go through approximately 40,000 pound of coffee annually. Kelsall, in operations, recognized the need for better coffee production. Proposing Anchored Coffee, the project was created in an effort to open a local roastery that aims to have global impact as Kelsall plans to purchase coffee direct from Central and South American farmers. Anchored Coffee would include a front-of-house coffee lab to allow customers to enjoy exclusive coffee tasting opportunities as well as allow locals and customers alike to learn about coffee and direct trade through offered seminars and courses. Staff training for Two If By Sea would be conducted on site as well.

"Winning this prize is huge," says Kelsall. "The $100,000 will essentially cover our roastery start-up costs. Instead of opening in a couple of years, it means we can move full speed ahead and grow our business to join the ranks of those making a real difference in the lives of coffee farmers and their communities much sooner."

This year, the BDC Young Entreprenuer decision process was conducted a little bit differently. Allowing the general public to choose the winner of the $100,000 BDC Grand Prize for innovation, the contest introduced an online approach that utilized mobile technology and social media to interact with Canadians in an effort to determine between the eight qualifying projects.

"Congratulations to Zane," says Jean-René Halde, President and CEO at BDC. "Nowadays, the web and social media have become central to business success, and what makes a company stand out is the ability to tell its story in a compelling way. Two If By Sea Café's success in attracting local and national support bodes well for its ability to attract clients in the future."

 

SEE RELATED STORIES FROM THE WDM CONTENT NETWORK:

Click here to see the latest issue of Business Review Canada

Although Anchored Coffee took the Grand Prize, it wasn’t the only cash prize winner. Coming in at second place was Star Guitars, a project submitted by Mike Miltimore of Lee’s Music, which received $25,000 customized Internet Strategy provided by BDC Consulting.

"I want to thank everybody for their support in these last few weeks. Since the day we opened our first café in Dartmouth, we have been blown away by the love, support and loyalty we received. We can't wait to repay the favour with the great taste of Anchored Coffee! Our ultimate dream is to start relationships with independent cafés in every major centre across Canada and be able to supply them with great coffees that benefit both farmers and consumers."

Share article

Jun 10, 2021

G7 Summit guide: What it is and what leaders hope to achieve

G7
G7Summit
Sustainability
EU
3 min
Business Chief delves into what the G7 is and represents and what its 2021 summit hopes to achieve

Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration. 

 

Who are the G7?

The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like. 

The merry band comprises:

  • Canada
  • France
  • Germany
  • Italy
  • Japan
  • The United Kingdom
  • The United States

Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.

 

Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda. 

 

When was the ‘G’ formed?

Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s. 

 

Why does the G7 exist?

At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted. 

 

The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability. 

 

It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations. 

 

Where is the 2021 G7 summit?

This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall. 
 

What will be discussed this year? 

After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”

 

The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values. 

 

According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.” 

 

Share article