The LaunchPad Program was created to help Mount Royal University’s most innovative and entrepreneurial students pursue their passion, inspire ideas, and launch their own venture. We do this through a series of programs that offer coaching and mentorship, workshops, funding, co-working space, and access to a thriving community. There's no one-size-fits-all for an entrepreneur. That's why Mount Royal University offers support throughout the startup development phases from ideation, to validation, to growth - we are here to support you.
LaunchPad Founders Circle
The LaunchPad Founders Circle is 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. The Founders Circle fosters a sense of belonging outside the class by creating a safe space for students to ask question and fail with the support of the Institute and their peers. Members of the Founders Circle are also eligible to apply for funding of up to $2,500 through the Founders Fund. Funding provides initial financial support to remove barriers to learning including funding the development of a prototype or reducing part-time hours to allow the student to focus on their venture.
- Gain access to a community of entrepreneurs on campus and in the community
- Receiving coaching and mentorship from the Institute for Innovation and Entrepreneurship's team, your peers and the community
- Apply for seed funding
- Join us for our monthly Founders Circle meetups
LaunchPad Innovators Circle
The LaunchPad Innovators Circle is an immersive and individualized program empowering ambitious Mount Royal students from across faculties to diversify and deepen their skills through the fostering of an innovative and creative mindset, ultimately elevating the talent going into every industry in Alberta's economy.
This program is for you if you DO NOT have an idea but want to explore a topic you are interested in, develop an entrepreneurial mindset and meaningfully grow your network.
JMH $80,000 LaunchPad Pitch Competition
As our biggest event of the year, our top students pitch their entrepreneurial venture to a panel of experienced judges and a supportive audience for their share of $80,000 in cash and services. This pitch competition is a 300 person event filled with eager community members, faculty, fellow students, and investors interested in hearing about the next great idea. Teams are given five minutes to pitch, followed by Q&A from the judges. The judges include successful entrepreneurs from the community. $55,000 in cash and $25,000 in services will be awarded. Before the competition, students work hand-in-hand with a collection of seasoned entrepreneurs to develop their value proposition, learn how to effectively pitch their idea, and learn from some of the brightest entrepreneurial minds in Calgary.
The LaunchPad program is intended to support the entrepreneurial aspirations of Mount Royal University students. All students from across campus are welcome to apply. You do not have to be in a particular faculty or program to apply. We are proud that we have had participants from every faculty on campus.
The JMH LaunchPad is Mount Royal University's signature entrepreneurship initiative and truly supports our goal of creating the most entrepreneurial minds in Canada. The program is made possible through a generous donation of $250,000 by JMH & Co. After a wonderful 5 year relationship, we were thrilled to be able to renew the program for another 5 years with JMH & Co's commitment of an additional $300,000 to continue to support Mount Royal students. LaunchPad has been responsible for supporting multiple Mount Royal based startups through financial assistance and mentorship opportunities. All Mount Royal students are welcome to apply to the LaunchPad program.
APPLICATIONS NOW CLOSED
The 2019 JMH $80,000 LaunchPad Pitch Competition is sold out
Join us in cheering on the seven ventures through a Facebook live stream of the event @innovatemru
When: Wednesday, April 3, 2019
Event Info: mrulaunchpad2019.eventbrite.ca
Frequently Asked Questions:
I have an idea, what do I do?
First, we must determine which application you should fill out. If you are just starting to brainstorm ideas, or have a defined idea but no business model, I’d suggest applying to the Innovator’s Circle. This allows us to get to know you as an individual without asking a bunch of questions about a business that doesn't exist (yet). If you have a business, or an idea that you're working on (business model), apply to the Founder’s Circle. This application will ask specific questions about your venture that will help us guide you towards your next steps.
I don't have an idea, can I still engage with the Institute For Innovation and Entrepreneurship?
YES! Just because you don't have an idea does not mean you are not innovative or entrepreneurial! We strongly encourage you to get involved. Our Innovator’s Circle is designed to connect, inspire and help uncover your passions.
My venture is a social enterprise or for purpose venture, is this the right place for me?
YES! Members of both the Innovator's Circle and the Founders Circle come from across campus, with a diverse background, in a variety of markets. Regardless of your business model, we are here to help!
I have a business partners external to Mount Royal University, can I still apply?
Yes - just indicate the names of your team members on your application (and their contact information).
Does the Institute give out funding to all of the members of the Founders Circle?
No, we do not. While the Institute For Innovation and Entrepreneurship does have funding available for entrepreneurs in the various stages of growth, this does not mean you will automatically receive funding. Members who receive funding, for validation or for growth, must demonstrate the drive, commitment, and understanding of what it takes to validate, launch and grow a business.
I’ve never taken an entrepreneurship class, can I still apply to the programs?
Absolutely! We always encourage you to enroll in MRU’s Entrepreneurship classes, but if you cannot take the classes for whatever reason, we would still love to see you get involved.