News and Events
Students receive $35,000 thanks to JMH & CO
April 20, 2015
Thanks to JMH & Co.’s ongoing support of entrepreneurship at Medicine Hat College (MHC), four students received $35,000 combined in start-up funding.
The recipients of $10,000 included: Dana McMahon of OCD Adventures, a rock climbing company; Grayden Cowan of Badlands Boards, a snowboard and skateboard company; and Shelby LeBel, whose company Meddeci Inc., is the creator of a learning tool to help students detect ascites in patients. Dave Winterburn from Dave’s Hot Dawgs, a local hot dog stand, received $5,000.
“JMH & Co.’s generous gift of money and time helped launch four new businesses again this year, in addition to the baker’s dozen that have been launched since 2011,” says Jon Sookocheff, manager of the Entrepreneur Development Centre (EDC). “Combined, those students’ businesses employ roughly 20 people, and generate upwards of $1,000,000 in revenues annually.”
The students were part of the Summer Company Program which is fully funded by JMH & Co. The program helps students start a business by offering coaching, mentorship and access to capital.
“For our student entrepreneurs, the JMH Summer Company Program is often the difference between thinking about starting a business, and actually starting a business,” says Sookocheff. “The support that they receive through the program is second to none. And it means the world to them. It gives them the opportunity to live their dream.”
To learn more about the entrepreneurs, visit www.mhc.ab.ca to read their stories.