Drawing inspiration from the fintech unicorn Verafin, the Memorial Centre for Entrepreneurship is looking for applicants to its Solvers program, which pairs industry professionals with would-be entrepreneurs to co-found companies.
The industry professionals, who must have at least five years of experience in their sector, will invest $5,000 apiece in the companies they co-found and commit “a few” hours a week to the project. Their businesses will also have access to up to $23,000 worth of student work term and internship bursaries and funding for miscellaneous expenses.
Professionals will