Institute for Innovation and Entrepreneurship 2020 Annual Report

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1.1 LaunchPad LaunchPad is a program for ambitious like-minded students eager to validate, launch, and build their ideas. This driven group of Mount Royal students hold each other accountable to goals, foster peer-to-peer mentorship, receive guidance from industry experts, and have opportunities for funding. LaunchPad fosters a sense of belonging outside the class by creating a safe space for students to ask questions and fail with the support of the Institute and their peers. Impact: $91,600 in awards granted

168 students engaged

67 alumni members

75 community members engaged

370+ hours of personalized mentorship and coaching

Research Entrepreneurial talent is critical to the growth and innovation of firms and Postsecondary Institutions contribute to the development of the entrepreneurial talent that the economy requires. However, there is a lack of empirical research on the impact of entrepreneurship education, specifically co-curricular programs and their ability to develop competences. In Spring 2019, the Institute’s Jenn MacDonald initiated an academic research project, alongside Dr. David Finch and Research Assistant, Stephanie Ross, to explore how participation in the LaunchPad program affords entrepreneurial learning outcomes through the development of competencies. The research engaged 30 founders across the eight-year history of the LaunchPad program. While the research publication is expected in 2021, early insights reinforce the value of our mentor-centred approach that is core to the LaunchPad program.


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