Talay Thai Restaurant Limited: CYBF 2008 Atlantic Canada Best Business Award Winners

CYBF Entrepreneurs: Bang Gia Dao and
Kim Hong Dao

CYBF Mentor: Lana Pinsky, 2009 CYBF
Atlantic Canada Outstanding Mentor Award
CYBF Community Partner: CEED
Inception: February 2005
Jobs Created: 20
Location: Halifax, Nova Scotia
Website: www.talaythaihalifax.com
Talay Thai Restaurant Limited

CYBF 2008 Atlantic Canada Best Business Award Winners
Business Profile: When you visit restaurants that serve international cuisine, you
may wonder about the foods authenticity: does it truly represent the food served in
that country? You neednt worry about this at Talay Thai Restaurant. Their chef is
directly from Thailand and serves an authentic Thai menu, including mouth watering
dishes pad thai and cashew chicken. The restaurant has a full service dining room,
separate takeout counter and delivers to a limited area. As well, Talay Thai is
partnered with a sommelier, who supplies an excellent wine list that pairs well with
each dish on the menu.
Their Story: Entrepreneurship is literally in Bang and Kims blood. The ancestry of
two siblings includes many entrepreneurs. They also have considerable experience
in the restaurant industry: Bang has been a chef and Kim has worked as a server
for many years and also earned a Business Administration diploma. In February
2005, the siblings were tired of working for someone else. So, they mixed their
ancestry and experience and added a tablespoon of CYBFs mentoring and
financing programs to make a recipe you cant find in any cookbook: Talay Thai
Restaurant.
If you ask Bang and Kim about their venture, they say that they see themselves as
entrepreneurs-in-training-pants. It appears that their pants fit well: theyre a great
success. Many regular customers praise Talay Thais cooking, including politicians
and celebrities like Ellen Page, the star of the hit movie Juno. Talay Thai has also
won many awards, such as the 2007 Nova Scotia Seed Capital Awards Business of
the Year and the 2005 Best Spring Roll Award in Halifax. As well, the Halifax
Chamber of Commerce congratulated Talay Thai in their newsletter for being listed
as one of the countrys top ten new restaurants. Moreover, Bang and Kim give back
to their community. They have fundraised for the Dalhousie Molly Appeal and
donated to the Cancer Society and the Childrens Foundation. So, what are Bang
and Kims next steps? To set up a franchise prototype.
Talay Thai Restaurant Limited - continued
ACCOMPLISHMENTS:
2009
Won Ernst & Young
Entrepreneur of the
Year
Best Thai Restaurant
The Coast
2008
Won CYBF Atlantic
Canada Best Business
Award
Won Ernst & Young
Entrepreneur of the
Year
Awarded the Best
International
Restaurant and Food
by the Coasts 7th
annual Best of Food
Awards
2007
Won Nova Scotia
Seed Capital Business
of the Year Award
Talay Thai Restaurant Limited

Short Quote
According to our CYBF Mentor, Lana Pinsky, a mind is a terrible thing to waste.
CYBF has been there to allow young, passionate and enthusiastic people realize
their dreams.
- Bang Gia Dao & Kim Hong Dao, Talay Thai Restaurant Limited
Mentor Quote
Our CYBF mentor, Lana Pinsky, has helped us in the following areas: market
research, forms, administration, legalities and ESL, among other things. The most
recent help and support we received from our CYBF mentor was to bring in a Thai
Chef from Thailand. Mark Twain once said, put all your eggs in one basket and
watch that basket. Our mentor has watched our basket and helped our eggs
grow.
- Bang Gia Dao & Kim Hong Dao, Talay Thai Restaurant Limited
Canadas Entrepreneur Gateway - www.cybf.ca
The Canadian Youth Business Foundation (CYBF) is the go to place for youth
entrepreneurship. As a national charity, we are dedicated to growing our nations
economy one young entrepreneur at a time. We look at character not collateral, when
providing youth, age 18-34, with pre-launch coaching, business resources, start-up
financing and mentoring, to help them launch and sustain a successful entrepreneurial
business. www.cybf.ca.
CEED Halifax - www.ceed.info
CEED is an organization devoted to helping people discover and use entrepreneurship as
a vehicle to become self-reliant. CEED has programs for everyone, from at-risk youth to
newly landed immigrants to retiring professionals, and works with pre-aspiring, aspiring,
and existing entrepreneurs of all ages. www.ceed.info
For any other information required, please contact

Lori Paris, Senior Manager, Marketing & Communications, CYBF
Tel: (416) 408-2923 x 2120 E-mail: lparis@cybf.ca
August 2009

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CYBF Entrepreneurs: Bang Gia Dao and

Kim Hong Dao

Talay Thai Restaurant Limited

Talay Thai Restaurant Limited

For any other information required, please contact

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