$5-million gift from the Longo Family Foundation will help foster the next generation of business leaders and entrepreneurs
TORONTO, June 6, 2022 /CNW/ – A $5-million gift from the Longo Family Foundation to Humber College will be instrumental in paving the way for a new generation of entrepreneurs while also strengthening economies and building up communities.
This gift will help remove barriers to education and business development through scholarships and seed funding for entrepreneurs, as well as provide critical support for mentorship, networking and skills development.
In recognition of this support, Humber’s Faculty of Business and Centre for Entrepreneurship will now be named the Longo Faculty of Business and the Longo Centre for Entrepreneurship. With this gift, Humber’s Unlimited Campaign exceeds its $50-million fundraising goal, which is a milestone for the college, and its community of supporters.
The Longo Family Foundation was established in 1998 with a vision to contribute to a world of strong, healthy families; one where children and youth are empowered to reach their full potential.
“As a graduate from Humber’s Business Administration program, I am personally connected to the important cause of fueling entrepreneurship in Canada and helping dreams become a reality, ” said Anthony Longo, president and CEO of Longo’s. “It is incredibly rewarding to know that our contribution will help keep Canadian youth engaged, inspired and innovating for our future.”
Anthony Longo attended Humber in 1982 and has since served as Chair of Humber’s Board of Governors and Co-Chair of Unlimited, the College’s first-ever fundraising campaign. Many members of the Longo family are also former Humber alumni. Today, Anthony is the President and CEO of Longo’s, which has 36 locations and operates Grocery Gateway, a leading eCommerce platform.
“We know that supporting the creation and success of small to medium-sized businesses plays an important role in helping Canada’s economy thrive,” said Chris Whitaker, president and CEO, of Humber College. “We are grateful to the Longo family for their investment in Humber’s polytechnic approach to business education and leadership in helping all of us build back better.”
The gift has four areas of focus:
An endowment to enhance student access and opportunity and support diversity through the Longo Family Scholarship Program in Small Business Entrepreneurship.

An endowment to support leading experts and visiting professors who will deliver an intensive training and mentorship program and provide start-up funds to advance student entrepreneurs through the Longo Family Leader-in-Residence in Small Business Management program.

The Longo Family Be Your Own Boss Workshops and Video Pitch Competition to provide seed money to aspiring business creators and scholarship support to high school students.

The Longo Family Advisory: Student Business Consulting, a student-led consulting business that will offer free professional business management advice to local businesses.
Rosanne Longo, Spokesperson and Chair of the Longo Family Foundation says she is thrilled to provide this gift and to witness the lasting impacts it can have. “To be able to support the next generation of responsible business leaders and entrepreneurs is incredibly rewarding. We are humbled knowing the impact this will have on Humber, its faculty, its students and its community. We hope this is only the beginning and that this sparks others to join and invest in the next generation of entrepreneurs.”
This gift builds on Humber’s longstanding relationship with the Longo family that has benefited faculty and students for years.
“We know that local businesses play a vital role in the strength and success of our city’s economy. This is particularly important in our pandemic recovery as we continue to rely heavily on these businesses to add vibrancy and jobs to our city’s main streets. This new partnership between the Longo Family Foundation and Humber College reinforces that message while at the same time providing new opportunities for entrepreneurs in our city,” said Mayor John Tory. “These entrepreneurs looking to establish themselves and their ideas will now have a space where they can create and develop and further help drive our local economy. I want to thank the Longo Family Foundation and Humber College for this innovative partnership that will help with the betterment of our city, our students and our businesses.”
More information about the Longo Faculty of Business and the Longo Centre for Entrepreneurship.
About Humber College Institute of Technology & Advanced Learning 
Humber College is focused on our students’ future. As a global leader in polytechnic education, Humber students receive in-depth theoretical learning and hands-on experience with applied research and extensive industry connections. Humber provides career-focused education to more than 38,000 full-time and 19,000 part-time students and professional learners in-person at three main Toronto locations and online. A comprehensive range of credentials, including honours undergraduate degrees, Ontario graduate certificates, diplomas, apprenticeships, and certificates, prepare career-ready global citizens to move seamlessly from education to employment. More than 86 per cent of Humber graduates are employed within six months of completing their studies. Visit humber.ca.
Longo Family Foundation
Established in 1998, the vision of the Longo Family Foundation is to contribute to a world of strong, healthy families; one where children and youth are empowered to reach their full potential. This mission is inspired by the Longo’s love of family and passion for food and is achieved by investing in healthcare, development, and leadership initiatives. With a focus on emerging research in immunotherapy, mental health and providing funding to help build camp infrastructure, the Foundation helps fulfil the family purpose to bring opportunity, inspiration, and hope to people’s lives and make the world a better place.
SOURCE Humber Institute of Technology & Advanced Learning
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2022/06/c3231.html
Jamieson Wellness (TSX:JWEL) is one of many promising mid-cap stocks that may be worth a second look heading into a period of economic turbulence. The post 1 Top Mid-Cap Growth Stock Perfect for New Investors appeared first on The Motley Fool Canada.
Canada's first online driver's education platform, Kruzee, officially launched in Ontario this week with the mission to make it easier for new drivers to get licensed, insured, and on the road.
WASHINGTON (AP) — The World Bank has sharply downgraded its outlook for the global economy, pointing to Russia’s war against Ukraine, the prospect of widespread food shortages and concerns about the potential return of “stagflation” — a toxic mix of high inflation and sluggish growth unseen for more than four decades. The 189-country anti-poverty agency predicted Tuesday that the world economy will expand 2.9% this year. That would be down from 5.7% global growth in 2021 and from the 4.1% it had
CHITTAGONG, Bangladesh (AP) — Authorities in Bangladesh struggled Monday to determine the cause of a devastating fire that killed at least 41 people, including nine firefighters, and injured more than 100 others at a shipping container storage depot, as experts raised concerns over the country's industrial safety standards. Efforts to fully extinguish the fire at the BM Inland Container Depot, a Dutch-Bangladesh joint venture near the country's main Chittagong Seaport, continued Monday after it
National Bank of Canada (TSX:NA) stock looks incredibly cheap after falling into a correction alongside the broader stock market. The post Beginner Investors: 1 TSX Financial Stock to Buy and Hold Forever appeared first on The Motley Fool Canada.
With protests planned for Saturday after the mass shootings in Uvalde, Texas, Tulsa, Oklahoma, and Buffalo, New York, gun control advocates hope to intensify pressure on Congress to pass laws and additional funding for research to help curb the growing violence. And they say they're prepared to use philanthropic money and their own fundraising to support their advocacy until public attention forces meaningful changes. Noah Lumbantobing, a spokesman for March for Our Lives, says he's seen the str
The tech sector in Canada has started to recover, but many tech stocks are taking their sweet time, making them ideal buys for recovery-fueled growth. The post Tech Sector Rallies: Is it Too Late to Buy These 3 Discounted Stocks? appeared first on The Motley Fool Canada.
WASHINGTON — If foreign policy was purely a matter of geography, one might assume Canada would be free to go check out the buffet at this week's Summit of the Americas once the discussion turns, as it surely will, to the migratory tide flooding the U.S.-Mexico border. But at the dawn of a turbulent new geopolitical era, evidence is mounting that America's southern frontier — along with the political and economic challenges and opportunities it represents — is closer in many ways than most Canadi
Then, the yen plumbed new 20-year lows, Australia upped interest rates by a half-point and the pound has fallen after a ruling party confidence vote failed to dislodge Prime Minister Boris Johnson. Finally, UK PM Johnson will remain in Downing Street for now, having scraped through Monday's vote.
Icahn is withdrawing his nominees to Kroger's board, he said in a statement to shareholders of both the companies. The activist investor nominated two directors to the supermarket chain's board in March, a month after taking on McDonald's. Icahn has criticized the companies for their treatment of animals, saying confining pigs in crates during their pregnancy is inhumane.
While the past few years have been tough on all of us, our kids have chosen to see our worldwide challenges as opportunities. Inspired by recent world issues – including health and environmental challenges – nine Canadian kids have become finalists in a global design competition, each of them designing a unique vehicle to help make the world a better place.
NAV CANADA has become the first Air Navigation Service Provider (ANSP) in North America to deploy the time-based separation tool – Intelligent Approach.
The bank's capital markets group says shares of Canada's six largest banks could benefit as investors favour a more nuanced view less focused on emissions.
The U.S. dollar index retreated from earlier highs and fell on Tuesday as Wall Street stocks erased initial declines amid growing hopes that inflation may have peaked, but the greenback managed to hit its highest level in 20 years against the Japanese yen. Longer-dated U.S. Treasury yields, which hit a 3-1/2 week high overnight on concerns the Federal Reserve will continue on its aggressive rate hike path as it seeks to combat inflation, also eased as a tapering off of inflation could slow the central bank's hiking plans. "The market is pricing in that the Fed is going to do almost all of what it says it is going to do, but that being said you are starting to get this idea that maybe inflation has reached its peak and might be starting to roll over," said Thomas Martin, senior portfolio manager at Globalt Investments in Atlanta, Georgia.
Moneris, the leading provider of retail payment processing in Canada, and Connected Interactive, a leading Canadian supplier of custom audiences for the digital marketing ecosystem, today announced a new partnership to bring highly coveted retail audience data to the Canadian advertising industry. Through CI, with exclusive representation from JSquare2 agency in the Quebec market, Moneris retail purchase audiences will be accessible to Canadian marketers in a collaboration that has been anticipa
NEW YORK (Reuters) -Amazon's stock split may provide some solace to shareholders who have seen the e-commerce giant's shares battered this year. Amazon shares were up 3.1% to $126.17 in afternoon trading after the 20-for-1 split, announced earlier this year but which took effect Monday. While a split has no bearing on a company’s fundamentals, it could help buoy its share price by making it easier for a wider range of investors to own the stock, market participants said.
BEIJING (AP) — Diners returned to restaurants in most of Beijing for the first time in more than a month Monday as authorities further eased pandemic-related restrictions after largely eradicating a small COVID-19 outbreak in the capital under China's strict “zero-COVID” approach. Zhang Suyan said she called her friends and said “let's make a reservation” as soon as she heard that restaurants were opening again. “We don't have such an atmosphere or feeling at home,” she said as she and two frien
SYDNEY (Reuters) -An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its refusal to remove a YouTuber's "relentless, racist, vilificatory, abusive and defamatory" videos drove him out of politics. The Federal Court found the Alphabet Inc company intentionally made money by hosting two videos on its YouTube website attacking the then-deputy premier of New South Wales, Australia's most populous state, that have been viewed nearly 800,000 times since being posted in 2020. The ruling revives the question of how much culpability technology firms have for defamation conveyed by users on their websites in Australia, one of few Western nations where online platforms have the same legal responsibility as publishers.
Top lithium producer Albemarle Corp may have to shut its Langelsheim plant in Germany if the metal used in electric vehicle batteries is declared a hazardous material by the European Union, its finance chief told Reuters. Lithium's pivotal role in electric vehicles makes it an important commodity in meeting global targets to cut carbon emissions, and it was added to the EU's list of critical raw materials in 2020. However, the European Commission is currently assessing a proposal by the European Chemicals Agency (ECHA) to classify lithium carbonate, chloride and hydroxide as dangerous for human health.
This year is the 50th anniversary of the United Nations Conference on the Human Environment (1972-2022). To mark this occasion, the UN announced to convene the "Stockholm +50" High-level International Conference themed "A Healthy Planet for the Prosperity of All – Our Responsibility, Our Opportunity". During this event, the UN Science-Policy-Business Forum on the Environment (UN-SPBF) will convene its Fourth High-Level Global Session in Stockholm, Sweden, from 31 May to 4 June 2022.


Lascia un commento

Il tuo indirizzo email non sarà pubblicato. I campi obbligatori sono contrassegnati *