June 22, 2017

Celebrating 25 Years of Entrepreneurship

Young Millionaires program celebrating 25 years

Colin MacLean [email protected] 
Published on June 14, 2017 Share on Google+

Jeremy Noonan started his path towards entrepreneurship 20 years ago cleaning cars as part of the Young Millionaires program. Now he owns two technology companies in the Charlottetown area.

Jeremy Noonan was a 10-year-old kid from Kinkora when his entrepreneurial spirit was kindled.


It started with potatoes.

One of his classmates had joined the Young Millionaires program in Bedeque and had started a small business selling bags of spuds at a roadside stand.

“I kind of got thinking, ‘Well jeez, I would kind of like to have my own business too,’” he recalled.  

Noonan joined the Young Millionaires and started a business cleaning cars, something he’d been doing anyway to help earn his allowance.

“You know what? I actually washed a lot of vehicles,” he laughed.

“Over a period of a couple of years … I probably did 10-a-month anyway.”

Now, at 30-years-old, Noonan’s business interests have taken a slightly more high-tech turn. He is the owner and co-owner of two technology based businesses in the Charlottetown area. JNC Tech makes custom software applications for large businesses and Compass Aquaculture specializes in mussel and oyster farm management software.

Noonan credits the Young Millionaires program with helping him get a leg-up on the skills essential to being a business owner.

“It definitely helped a young me gain interest in the idea of running your own business,” he said.

Since its creation in 1992 the Young Millionaires program has introduced more than 2,000 students to the realities, good and bad, of running a business.

Open to children from eight to 16, Young Millionaires is funded by Innovation P.E.I. and the Atlantic Canada Opportunities Agency.

The program is introduced through the school system though it continues into the summer.

Participants present business ideas to the organization and if approved, they get up to $100 towards start-up costs.