Prizes awarded to CA-Sprott Business Competition winners

Teams from Windsor’s St. Joseph’s Catholic High School and Scarborough’s Woburn Collegiate Institute topped their respective categories in the CA-Sprott Business Competition (CA-SBC).

On December 10, individual and team finalists competed in the finals of the popular online business simulation in the hopes of coming out on top and cashing in on the first place prize. Launched in October, more than 4,900 students from across Ontario took part in the CA-SBC.

Developed by Carleton University’s Sprott School of Business and sponsored by the Institute of Chartered Accountants of Ontario, the CA-Sprott Business Competition pits high school students against one another as they experience the joys and challenges of running their own company, all while competing for cash prizes. Players make decisions relating to marketing, accounting, sales and more, while guiding their web-based virtual companies to glorious success or ignominious failure. The CA-SBC also provides high school business teachers with an innovative, hands-on teaching tool for their classrooms.

“The Sprott Business Competition is a free, entertaining and engaging way for students to test business theory in practice and make their classes more fun,” said Dr. Jerry Tomberlin, dean, Sprott School of Business. “This year’s competitors were dedicated and creative. We can expect to see many of these potential entrepreneurs entering the ranks of business in the near future and doing very well for themselves and our communities.”

This year’s winners are

Classic (introductory)

• Antonio Ciampa and Blaise Gaudette, St. Joseph High School of Windsor
• Terry Ouyang and Andrew Jiang, The Woodlands School of Mississauga
• Calvin Zhong, Freid Tong and Teng Hai Jiao, The Woodlands School of Mississauga

Xtreme (advanced)

• Cam MacInnis, Jatheesh Srikantharajah and Derek Shao, Woburn Collegiate Institute of Scarborough
• Vignash Thanmaratnam, Henry Louis, Jay Advaryu and Kevin Li, Woburn Collegiate Institute of Scarborough
• Shi Da (Gerry) Liu and Aneed Amjad, Jarvis Collegiate of Toronto

“The Institute of Chartered Accountants of Ontario is proud to support the CA-Sprott Business Competition because it helps educate young people about entrepreneurship, the life blood of our economy,” said Rod Barr, FCA, president and CEO of the Institute. “This year’s winners and the other participants also learned something important that many students don’t know – business and competition are fun. CAs and other successful business professionals don’t just go to work to earn a paycheque; they go because they relish the challenge of solving problems and building dynamic organizations.”

For more information, please contact:

The Institute of Chartered Accountants of Ontario
Perry Jensen
Director of Media Relations
416-969-4271 or 1-800-387-0735 ext. 271
pjensen@icao.on.ca

or

Sprott School of Business, Carleton University
Robin Dunbar
SBC Program Administrator
613-520-7565
robin_dunbar@carleton.ca