Pitching in: Donating $11-million to support Canada’s next generation of entrepreneurs

Pitching in: Donating $11-million to support Canada’s next generation of entrepreneurs

Reza Satchu, left, and Tim Price, who are donating a combined $11-million to NEXT Canada.

The organizers: Tim Price, Frances Price, Reza Satchu and Marion Annau

The pitch: Donating $11-million

The cause: NEXT Canada

Tim Price has more than 40 years of experience in the business world, but he still remembers being impressed by the group of young entrepreneurs he met seven years ago.

Mr. Price, who is chair of Brookfield Funds of Brookfield Corp., was attending an event at NEXT Canada, a Toronto-based charity that provides a range of programs to support entrepreneurs. During the event, the budding businesspeople had just four minutes each to describe their idea and their strategy to make it work.