OCAD U, uWinnipeg launch new business incubators

February 29, 2012

OCAD University and the University of Winnipeg join a growing list of Canadian universities introducing business incubators with students in mind. OCAD U unveiled Tuesday its new Imagination Catalyst, a student and alumni-centred entrepreneurship and innovation incubator/accelerator designed to aggregate the institution's existing innovation, research, and commercialization activities. The Imagination Catalyst gears up the university's student innovation through 2 streams: by placing students and alumni and their inventions in receptor industries and by supporting the efforts of graduating students, recent graduates, and faculty members in developing new companies. Yesterday uWinnipeg announced the creation of UWIN Inc., a commercialization incubator that will allow for a more entrepreneurial approach to using campus resources. uWinnipeg president Lloyd Axworthy says UWIN Inc. will "spur new innovations and allow our faculty and students to engage in relevant, cutting edge research that has direct application in the real world. We know that increasingly students want to tackle the big issues of our time such as climate change, or cancer treatment, in a way that gets results." OCAD U News Release | uWinnipeg News Release