VANCOUVER – Home renovation company Peak Products is celebrating 25 years in business with a series of grants for Simon Fraser University (SFU) students.
The Vancouver-based company is providing 10 annual grants of $25,000 named the John Gross Start-up Experience for students in SFU’s Charles Chang Institute for Entrepreneurship.
The grants will be open to high-potential entrepreneurs or venture ideas at the undergraduate or graduate level, a Peak Products release stated, and selected through a competitive application process. The first recipient is expected to be named in September and, in addition to financial support, Peak Products founder and CEO John Gross will provide the recipient with one-on-one mentoring.
Gross graduated from SFU’s MBA program in 1998, but he entered the program in a less than conventional manner after receiving a piano performance degree from the Cleveland School of Music. He said his experience in the program was humbling.
“I thought I was going to be the smartest guy in the class and soon felt like maybe the opposite was true. That actually helped me tremendously as it instilled in me a great sense of humility and the work ethic I needed to keep up with the program. As an SFU MBA graduate, it’s an honour for me to come back and do this 25 years later because I’m so grateful for everything I learned at SFU,” he said in a statement.
The Chang Institute is dedicated to helping students realize their entrepreneurial mindset and create their own opportunities and impact.
Peak Products began with one product in 1998, a post holder, and the product line has since grown to over 1,000 products sold in nearly 2,200 The Home Depot stores in the U.S. and Canada, the release said. Peak Products manufactures products in Calgary, Mexico, Asia, and has large distribution centres in Calgary, Richmond Hill, Seattle, St. Louis and Australia.