USask launches unique Summer Entrepreneurs program
SASKATOON, SK. — The University of Saskatchewan’s commercialization unit Innovation Enterprise (IE) is embarking on a new initiative to train, inspire and motivate the next generation of successful entrepreneurs, while bringing USask innovations to the world.
The inaugural Summer Entrepreneurs (SE) program, which started May 1 and will run to the end of August, is designed to provide USask students with the skills, mindset and knowledge to become full-fledged entrepreneurs.
Five USask research innovations that are potentially suitable candidates for start-ups have been selected by student teams. Fifteen USask students with entrepreneurial passion and drive from six USask colleges will explore the commercial viability of the five innovative technologies during the summer months.
With the support of the technology inventor, business mentors, and advisors from IE, teams will be asked to pinpoint the business opportunity, assess the market potential of their solution, and build a commercialization plan for it.
At the end of the summer, teams showing substantial and tangible market traction and strong desire will receive the exclusive right to build their own business based on the technology, with an attractive no-fee, one per cent royalty license.
“This is a radically new and innovative way to turn tangible ideas into applications,” said IE Managing Director Johannes Dyring. “An inventor and an entrepreneur are not usually the same person. With this exciting initiative, we are bringing together various resources—vetted technologies, talent, experience, knowledge, and networks—to contribute to diversification and economic growth. We’re tapping into the hidden talent we know exists on campus.”
Students will participate in several exercises and pitching events through the summer months. Teams (companies) have been formed around each of the five innovations, and each team has four or five mentors ready to coach them through the next couple of months.
Summer Entrepreneurs 2019 “companies” and technologies are:
USask Technology |
Students |
Novel ornamental faba beans |
Cole Boser (Edwards School of Business), Todd Thorsness (College of Engineering), Jessa Hughes (College of Ag & Bioresources) |
Food-safe bio-lubricant |
Ericmoore Jossou (College of Engineering), Joseph Omale College of Engineering), Patricia Tozatti (College of Ag & Bioresources) |
Diagnostic medical image management tool |
Saman Naghieh, Ahmed Monjurul Hasan, Alen Thomas (College of Engineering) |
Improved oral airway device |
Cuylar Conly, Udoka Okpalauwaekwe (College of Medicine), Yash Shukla (College of Engineering and College of Arts & Science) |
Food tracebility system |
Kevin Voth (College of Arts & Science), Natasha Breward (College of Pharmacy & Nutrition), Saeed Ghanbari (College of Engineering ) |
Mentors for Summer Entreprenurs program 2019:
Name |
Title |
Affiliation |
Greg Sutton |
CEO and Founder |
TinyEYE Therapies |
Depesh Parmar |
Executive Director |
Ideas Inc. |
Himanshu Singh |
Principal |
DataLoft |
Tony Zuck |
CFO, President, Co-Founder |
zu |
Doug Campbell |
Director, Strategy and Innovation |
Saskatchewan Health Authority |
Laurie Dmytryshyn |
Chief of Equity Investment |
PIC Investment Group |
Jeff Dyck |
Director of Engineering |
Mentor, a Siemens Business |
David Gauthier |
VP Investment |
Natural Products Canada |
Brad Bly |
Director of Commercialization |
AgWest |
Serese Selanders |
CEO and Founder |
ORA |
Jackie Martin |
VP and Founder |
Viking Innovations, TinySpark Boutique |
Annette Bester |
Partner and National Credit Union Leader |
MNP |
David Krebs |
Counsel |
Miller Thomson LLP |
Derrek Hoffman |
Partner |
Miller Thomson LLP |
Rob Hendry |
Partner |
Miller Thomson LLP |
Doug Konkin |
Director, Product Management |
International Road Dynamics |
Andreé Carpentier |
Co-Founder |
7shifts |
Mike Crabtree |
President and CEO |
Saskatchewan Research Council (SRC) |
Wanda Nyirfa |
Vice-President Communications, Growth Services and Risk |
SRC |
Dale Lemke |
COO and CFO |
QuickLinkt solutions |
Tom Kishchuk |
VP Operational Support |
Federated Co-operatives Ltd |
Michal Wesolowski |
Founder and CEO, Adjunct Professor |
Luxsonic and Department of Medical Imaging, Usask |
Summer Entrepreneurs program supporters include:
- Co.Labs
- College of Agriculture and Bioresources, USask
- College of Arts and Science, USask
- College of Engineering, USask
- College of Graduate and Postdoctoral Studies, USask
- College of Medicine, USask
- Edwards School of Business, USask
- Innovation Place
- Miller Thomson LLP
- Natural Products Canada
- Saskatchewan Research Council (SRC)
- VIDO-InterVac
About USask Innovation Enterprise
Innovation Enterprise initiates, develops, commercializes and implements innovative, sustainable and knowledge-based solutions generated by the University of Saskatchewan. Find out more: www.research.usask.ca/ie
For more information, contact:
Johannes Dyring
Innovation Enterprise
University of Saskatchewan
Johannes.Dyring@usask.ca
306-227-7510
Jennifer Thoma
Media Relations Specialist
University of Saskatchewan
Jennifer.thoma@usask.ca
306-966-1851