By Marianne Curtis
On February 16, Jordan Siemens, owner of Siemens Farms and Providence College student was named a 2011 Student Entrepreneur Manitoba Champion. Student Entrepreneur is a national competition operated by charitable organization, Advancing Canadian Entrepreneurship (ACE) and proud program supporter, CIBC.
Since 2010, Siemens has owned and operated Siemens Farms, a start-up farming business focused on soybean production based inHorndean, Manitoba. A fourth generation farmer, Siemens started his business this past summer by renting land and equipment from his father. He then took advantage of his father’s bulk buying abilities to purchase seed, fertilizer, insurance, chemical, and labour and completed his first season with 50 acres of soybeans planted.
“This award is a great honour as it gives me the confidence and incentive to take my business further,” commented Siemens, “It also gives me the invaluable opportunity to meet other student entrepreneurs and an exclusive network of major business leaders.”
Initially, he was expecting a 25 per cent profit, but good weather, commodity prices and sound management, Siemens managed to nearly double his investment.
“With today’s ever changing economic situation, ACE is proud to continue its work developing leaders, creating connections and building a betterCanada,” explained Amy Harder, President of ACE. “We are confident that our 2011 Student Entrepreneur Provincial Champions will make meaningful contributions to the country and its economy for years to come.”
As a provincial champion, Siemens will now move on to represent Manitoba in the regional round of competition taking place at the 2011 ACE Regional Exposition in Calgary on March 14. Provincial Champions will each present their business to a panel of entrepreneurs and industry professionals who will determine two Regional Champions, who will each receive a $1,000 cash prize and move on to the final round of competition at the 2011 ACE National Exposition inTorontoon May 11, 2011. The National Champion will receive a $10,000 cash prize and have the opportunity to representCanadaat the international level of competition, the Global Student Entrepreneur Awards.