Media Releases

University of Toronto student named student entrepreneur provincial champion

February 18, 2011

TORONTO, ON — Don­ny Ouyang, Own­er of Kinkar­so Tech Ltd. and full-time stu­dent at the Uni­ver­si­ty of Toron­to, has been named a 2011 Stu­dent Entre­pre­neur Ontario Cham­pi­on. Stu­dent Entre­pre­neur is a nation­al com­pe­ti­tion oper­at­ed by char­i­ta­ble orga­ni­za­tion, Advanc­ing Cana­di­an Entre­pre­neur­ship (ACE) and proud pro­gram sup­port­er, CIBC.

Start­ed in 2007, and cur­rent­ly only 18 years old, Don­ny has owned and oper­at­ed Kinkar­so Tech Ltd. — a web con­sult­ing com­pa­ny that devel­ops for-prof­it Inter­net star­tups. Their flag­ship start­up is, a peer micro-tutor­ing plat­form that allows stu­dents to share and ask for edu­ca­tion help in real time. Once con­nect­ed, the users are imme­di­ate­ly placed in a live shared white­board envi­ron­ment, where the con­cepts in ques­tion can be com­mu­ni­cat­ed in a live chat set­ting.

“I have always want­ed to real­is­ti­cal­ly make the world a bet­ter place”, said Ouyang, “Win­ning this award means so much because it con­firms to me that I have tak­en the right steps.”

Don­ny’s largest busi­ness accom­plish­ments to date include being the 2010 Glob­al Stu­dent Entre­pre­neur Award recip­i­ent in the high school divi­sion
— a first for a Cana­di­an, sell­ing all assets with­in Kinkar­so Tech to pri­vate­ly fund, and earn­ing a six-fig­ure rev­enue even before he start­ed his Uni­ver­si­ty career.

“With today’s ever chang­ing eco­nom­ic sit­u­a­tion, ACE is proud to con­tin­ue its work devel­op­ing lead­ers, cre­at­ing con­nec­tions and build­ing a bet­ter Cana­da”, 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, Ouyang will now move on to rep­re­sent Ontario in the region­al round of com­pe­ti­tion tak­ing place at the 2011 ACE Region­al Expo­si­tion in Toron­to on March 18, 2011. 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 in Toron­to on May 11, 2011. The Nation­al Cham­pi­on will receive a $10,000 cash prize and have the oppor­tu­ni­ty to rep­re­sent Cana­da at the inter­na­tion­al lev­el of com­pe­ti­tion, the Glob­al Stu­dent Entre­pre­neur Awards.


About ACE
ACE is a nation­al, char­i­ta­ble orga­ni­za­tion that is teach­ing and ignit­ing young Cana­di­ans to cre­ate brighter futures for them­selves and their com­mu­ni­ties. ACE deliv­ers a team-based pro­gram called Stu­dents In Free Enter­prise (SIFE) and an indi­vid­ual-based pro­gram, Stu­dent Entre­pre­neur.
ACE stu­dents cre­at­ed 540 jobs, logged 273,000 vol­un­teer hours and direct­ly impact­ed 114,000 peo­ple in the past year alone. In the past three years, stu­dents have gen­er­at­ed over $80,000,000 in eco­nom­ic oppor­tu­ni­ty. ACE is cur­rent­ly estab­lished on over 55 post-sec­ondary cam­pus­es across Cana­da.

CIBC became a found­ing cor­po­rate spon­sor of ACE in 1995 and has spon­sored the Stu­dent Entre­pre­neur Com­pe­ti­tion since its incep­tion in 1997.

For more infor­ma­tion, please con­tact:

Jaime Szeg­vary
Com­mu­ni­ca­tions Con­sul­tant, ACE

Don­ny Ouyang
Kinkar­so Tech Ltd.