Hello Achievers & Advisors,

Please review this email for some important reminders and updates.

New updates included in this email:
  • Weekly Emails
  • Team Challenge - Spring Break Bonus Round
  • Yearbook Form
  • Pre-register for next year
  • External Opportunities

Deadline Reminders:
  • Company Program Awards - Due SUNDAY, APRIL 11 at 11:59 p.m.
  • Other Important Deadlines

Previous Updates:
  • Calendar Update and Business Activities Extension
  • End of Year
  • Continuing your Business

NEW UPDATES
Weekly Emails

We will continue to send out weekly emails until May to support teams to meet the final deadlines and provide any program updates and reminders. Please kindly keep us on your email list so that you don't miss any important information regarding awards and upcoming events, including our end of year celebration, ventureON.
Team Challenge - Spring Break Bonus Round

An email was sent out to all Achievers earlier today regarding the Spring Break Bonus Round next week (April 12 to 16th). Please be sure to review the email and get ready to collect some additional team challenge points!

A new challenge will be announced at 9 a.m. each day starting on Monday.

Keep an eye on our social media page as we share the week's challenges and submissions!
Yearbook Form

This year we will once again be making a digital Company Program yearbook featuring each one of our 43 virtual Company Program teams! The yearbook will also feature award winners and finalists, Company Program events and your advisors.

A digital copy of the yearbook will be available online by June and will be emailed to Company Program students and advisors to have as a keepsake.

We want to showcase all of our teams and share the amazing successes you have accomplished throughout your entrepreneurial journey. Therefore, we would like a 100% response rate from all of our teams.

It is MANDATORY for each team to fill out ONE yearbook form.

Please submit this form by Friday, April 30th.

Each team that submits by the deadline will receive 50 points for the team challenge award!

Complete yearbook form here: https://www.surveymonkey.com/r/8Z7BQHY
Pre-register for next year

We hope you will consider joining us again next year! Please re-register below and we will keep you up-to-date on next year's Company Program and will inform you of when registration will kick off (early September).
External Student Opportunities

We've added a new opportunity with SAP on this page. If you're looking for a co-op placement, please check out the page for more information.

DEADLINES
Company Program Awards
*NEW DEADLINE: SUNDAY, APRIL 11 at 11:59 p.m.*

IMPORTANT UPDATE: We have extended the Company Program Awards deadline to Sunday, April 11 at 11:59 p.m. There will be no exceptions beyond this date. The application portal will automatically close at the indicated time.

ADVISORS: Please ensure that you ENDORSE the awards ASAP after receiving the email submission to review. If you do not receive the email, please get in touch with the student and/or JA.

STUDENTS: Please ensure that you submit your application no later than April 11 and follow up with your advisors who are endorsing your application to ensure that they have received the endorsement email.

Awards Email (includes FAQs): https://conta.cc/3cf9iEU

Please reach out if you have any questions or concerns. Best of Luck!
Final Attendance List
DUE: Friday, April 16

VP OF HR: In your final attendance and student list, please ensure you follow these instructions:
  • Indicate your final attendance % for each active student
  • Indicate clearly which students are no longer active (i.e. have dropped out)
  • Sort your list in alphabetical order by FIRST NAME (and then last name)
  • Rename your file the name of your JA Company
  • Upload your file in these formats only: Excel Spreadsheet or PDF


TEAM CHALLENGE POINTS
10 PTS (BONUS for submitting your final attendance list)
10 PTS if your team had 80% attendance rate
Battle of the Ads Commercial Contest
DUE: Friday, April 23

For full contest details and how to submit, please visit:

TEAM CHALLENGE POINTS
15 PTS (BONUS) for top 3 teams
Final Shareholders' Report and 2nd Fixed Cost Payment
DUE: Friday, April 23

Final Shareholders' Report Outline: https://bit.ly/3r2jHaU

Fixed Cost Payment Details: https://bit.ly/3c4hJTo
All teams are required to remit your final fixed cost payment of $75.
If your team has $500 or more in profit, you are also required to pay Sales Profits Tax.

TEAM CHALLENGE POINTS
10 PTS for submitting shareholders' report by April 23
10 PTS for submitting fixed cost payment #2 ($75) by April 23
Advisor Recognition and Yearbook Form
DUE: Friday, April 30

Submit your Advisor Recognition here: https://www.dropbox.com/request/ihwVtf3xcclv8G9HkT1A

Yearbook Form:

TEAM CHALLENGE POINTS
50 PTS for submitting Advisor Recognition
50 PTS for submitting Yearbook Form

PREVIOUS UPDATES
Calendar Update & Business Activities Extension

IMPORTANT UPDATE: We have decided to give teams a bit more time to finish sales and wrap up their businesses. Please note the following important details regarding this extension.

CP CALENDAR:
  • April 5-9 is the scheduled last week (Week 18)
  • April 12-16 will now be the scheduled "March Break" (you can opt to meet this week too but it is not mandatory)
  • April 19-23 will be an optional week for teams to finish up if they need the time
  • April 26 to May 14 additional 3 weeks of business operations (including liquidation) granted. Teams must let us know they are taking this extension by emailing companyprogram@jacentralontario.org

WHAT DOES THE EXTENSION MEAN:
  • OPERATIONS: You can continue to operate beyond April 23 until May 14.
  • LIQUIDATION: Your team must be liquidated and closed no later than May 14.
  • DELIVERABLES & DEADLINES:
  • Your team is still required to submit all required submissions (including fixed costs) by the indicated deadlines (see deadlines below).
  • SHAREHOLDERS' REPORT: In order to collect your team challenge points AND/OR if you are applying for any of the GROUP AWARDS, you must submit a report by April 23rd based on the following:
  1. If you have liquidated and closed by April 23rd, please submit your FINAL shareholders report.
  2. If you have not liquidated and closed by April 23rd, please submit a SNAPSHOT to date of your current operations (including financials) at the time of submission AND a FINAL UPDATE by May 14.
  3. If you make a profit of $500 or more, you will be required to pay the sales profits tax by May 14th.

PLEASE NOTE:
  • This extension is OPTIONAL. You must decide as a team if you wish to take it.
  • Any team meetings with advisors beyond the required 18 weeks is at your advisors' discretion and capacity.
  • If you wish to take the extension, you must let us know by email at companyprogram@jacentralontario.org

You can view the CP calendar here: https://www.jacocompanyprogram.ca/calendar
End of Year

It is nearing the end of the year! While you can take advantage of the April Break and the optional week, it is time to start thinking about wrapping up your Company Program.

In the next few weeks, your team will be:
  • Wrapping up your sales
  • Completing your liquidation process and preparing your final shareholders' report
  • Preparing for your final meeting
  • Reflecting on your Company Program experience (reviewing where you're at in your personal and team goals, your KPIs, etc.)
  • Celebrating your success! Whether you made a profit or not, it's time to look back and see how far you have all come and to celebrate your team

Helpful Links to review:
Continuing your Business

If you plan on continuing your company after JA, your team is still required to complete the liquidation process and closing of the business as per the JA Company Program requirements.

Once you have completed these requirements and have submitted your final shareholders' report, you can then determine as a team which members will continue on. All members who choose not to continue must understand that by doing so they are relinquishing their part in the company. You will need to have this clearly indicated and in writing – who will and will not continue with the company – and have all members sign off on it.
After that, your company’s affiliation with JA will come to an end and it will be up to the remaining members to determine the next steps for establishing your business.

If you are using Shopify, you may be able to keep your site. When liquidating, you may have to sell off any assets to yourselves (or whoever has agreed to continue the company) and then we will request Shopify to move the ownership of the Shopify account to you and your members. Keep in mind you will then be responsible for all Shopify membership fees going forward as soon as you are no longer affiliated with JA.
Upcoming Dates

To view the full CP Calendar including upcoming deadlines, click here.

Sunday, April 11

Friday, April 16
Final Attendance Due

Friday, April 23
Commercial Contest, Final Shareholders’ Report and 2nd Fixed Cost Payment Due

Friday, April 30
Advisor Recognition and Yearbook Form Due
Should you have questions or concerns regarding any of the above information, please don’t hesitate to reach out to us at companyprogram@jacentralontario.org

Thank you!

Lucia & Lesley
The Company Program Team
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