Memorial receives a $1.1M donation from the Woodward Family
The donated $1.1 million will flow into the now newly created Mel Woodward Cup which will be awarded to student entrepreneurs through an annual business competition. The competition, which is a program of the Memorial Centre for Entrepreneurship, will award more than $40,000 in cash prizes and offer mentorship and support opportunities for student innovators and entrepreneurs.
Woodward’s children, Peter, Melvin, and Tana, made the donation in memory of their father, who died in 2015.
“This generous donation from the Woodward family shows incredible support for, and belief in, our students and their capacity as potential entrepreneurs," said Isabelle Dostaler, the dean of Memorial’s business faculty. “Through this donation and the Mel Woodward Cup, we will be able to provide a tangible investment in our students and support them on their journeys towards becoming the next generation of business leaders.”
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