Domo Enterprises, a Vancouver tea maker, is among the recipients of the 2011 Spin Master Innovation Fund.
Domo’s Anne Forkutza, whose company makes a variety of tea blends, was recognized for her “creative media relations skills.”
Developed to encourage young entrepreneurs to turn their ideas into viable businesses, the Spin Master Innovation Fund – in partnership with the Canadian Youth Business Foundation (CYBF) – will provide Domo and seven other start-ups from across Canada with $50,000 in financing through CYBF and its affiliate, Entrepreneur Gateway Canada.
The young entrepreneurs will also get a mentor for two years and access to educational and networking opportunities.
Spin Master is a Toronto-based toymaker that launched the fund to support innovative startups in Canada with the help of CYBF, whose mandate is to help nurture and finance young entrepreneurs.
Jennifer Harrison
Twitter: JHarrisonBIV