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Vincent Cheung, ACE student entrepreneur awards national champion.

Running a business is a full-time job. The same can be said of attending graduate school.

Vincent Cheung does both.

He was awarded for his efforts Wednesday night in Calgary when he beat out six regional finalists and was named national champion by the Advancing Canadian Entrepreneurship (ACE) organization.

Mr. Cheung is a full-time PhD student at the University of Toronto, majoring in computer engineering. And since 2009, he has also owned and operated Shape Collage Inc., a software program that can arrange hundreds of photos into any shape in seconds.

ACE had already named him 2010 student entrepreneur Ontario champion and regional champion for Ontario and Quebec. Your Business recently profiled Mr. Cheung in a podcast.

He also joined us at the time for a live discussion, an archive of which you can read here.

Close to 600 students competed for ACE awards "based on their team-based economic outreach projects and entrepreneurial pursuits," the organization said. There were more than 300 judges involved. Mr. Cheung won $10,000.

The final round of competition was judged by more than 40 Canadian executives, including WestJet chairman Clive Beddoe, Forzani Group CEO Bob Sartor, and Willy Kruh, national partner for the consumer markets industry at KPMG Canada.

"Vincent's achievements as a successful entrepreneur while attending school full time truly exemplifies why we continue to do this competition every year," said ACE president Amy Harder. "He was able to turn a hobby into a fast growing company in only one year – this in itself is an unbelievable feat and we can't wait to see what's next for this bright star."

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