Ray DePaul 

The institute is led by Director Ray DePaul, a strategic visionary with 25-years of experience working in high-tech and innovation. Before joining the Institute for Innovation and Entrepreneurship, Ray was the President and CEO of RapidMind Inc., a spin-off company from the University of Waterloo. Ray steered RapidMind through $11M of venture funding, significant market growth, and turned the company into an industry leader, resulting in the acquisition by Intel Corp.

Prior to Rapidmind, Ray spent five years with Research In Motion (now BlackBerry) and was responsible for product management of the iconic BlackBerry. Ray developed and executed RIM’s business plan, product strategy and product launches to help to guide BlackBerry through the exciting early adopter stage in 1999; ultimately establishing the BlackBerry brand as the smartphone market leader.

Ray holds a Bachelors of Mathematics degree in Computer Science from the University of Waterloo and a Masters of Business Administration from Wilfrid Laurier University. Ray was the recipient of the 2011 MBA Alumnus Award for Outstanding Innovation and Achievement.


The Institute's Team  


Jenn Richardson 

Entrepreneur Development Manager

After graduating from Mount Royal University in 2014, Jenn joined the Institute eager to further establish a thriving community of students from across campus looking to step outside their comfort zone, to learn through experience, and to validate, launch and grow their idea.



Tracy Pfeifer 

Administrative Assistant

Tracy moved from Winnipeg to Calgary in July 2001 and started with the Institute in August 2001 when it was originally created. She left her position working with the dean of the Faculty of Education at the University of Winnipeg to make the move with her husband. Tracy’s motto is “change is good” which has served her well as her roles are always changing and she loves the diversity her position brings. Tracy feels very fortunate to work with such an amazing team at the Institute for Community Prosperity.