Vancouver-based company Victory Square Technologies has donated $10 million to 50 children’s charities around British Columbia.
VST incubates and invests in entrepreneurs, providing education, mentoring, distribution partners, workspaces, and support to help them scale globally.
In a release, founder and CEO Shafin Diamond Tejani said strategic investment in youth is one of his core principles.
“My family was welcomed to Canada when they escaped a repressive regime in the early seventies,” said Tejani.
“My parents instilled in me and my siblings that freedom is a gift and that one must always give back in whatever way he or she can be it through time, talent, and or treasure.”
The non-profits chosen are changing children’s lives, through medical research, granting, health and sciences, child development, education, athletics, and poverty reduction.
Tejani said the $10-million donation is just the beginning, and he plans to donate a total of $25 million to non-profit organizations in 2018.
“As CEO of Victory Square, my vision is to not only grow our business for our stakeholders and team members but to also ensure that we lead as a thoughtful company that ensures our profits are shared with our shareholders and with organizations that dedicate themselves to changing lives and giving opportunities to our youth,” he said.