uWaterloo and WLU receive $3.3 M from Ontario for Campus Linked Accelerator program

September 19, 2014

Ontario has committed $3.3 M through its Campus Linked Accelerators (CLA) program to be shared by Wilfrid Laurier University and the University of Waterloo. The 2 universities—in partnership with Communitech, an innovation commercialization company—will use the funds to enhance entrepreneurship programs. At uWaterloo, these will include the Conrad Business Entrepreneurship and Technology Centre, the Velocity program, St Paul’s Greenhouse, and the Accelerator Centre; at WLU, the funding will go toward the LaunchPad program. “Our Universities are the engine room powering Canada’s innovation capital in Waterloo Region,” said uWaterloo President Feridun Hamdullahpur. WLU President Max Blouw added, “we are grateful to the provincial government for this significant investment in, and endorsement of, our entrepreneurship programs.” The Waterloo region CLA is one of 10 to be established by the Ontario government, with a total of $20 M committed to the project. WLU News Release | uWaterloo News Release