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Stronger Culture Of Innovation And Entrepreneurship For Newfoundland

A new incubator and makerspace will be developed at the Navigate Entrepreneurship Centre in Corner Brook, NL, made possible with the funding from the Government of Canada, through the Atlantic Canada Opportunities Agency (ACOA), and the provincial departments of Tourism, Culture, Industry and Innovation, and Advanced Education, Skills and Labour.

The Atlantic Canada Opportunities Agency (ACOA) is providing $874,162 in non-repayable funding, and the provincial departments of Tourism Culture, Industry and Innovation and Advanced Education, Skills and Labour will contribute $203,962 and $87,375 respectively, over two years, for a total of $1,425,320 over the two-year period.

Navigate is the ideal place to bring this initialtive to live, thanks to the partnership of Memorial’s Grenfell Campus and the College of the North Atlantic-Corner Brook campus. This joint partnership in Navigate has enabled both institutions to gain expertise in assisting the Corner Brook region by providing entrepreneurship education, one-on-one business startup support, networking opportunities and business-related resources.

The makerspace will be housed at Grenfell Campus, while CNA’s Corner Brook campus will host the incubator. In the maker space the workspace is stocked with tools and materials for people in a collaborative, community-based environment to experiment and create new things. The incubator in turn will then nurture, support and expand business startups. Two full time employees will run the makerspace and the incubator and they will rely on students to assist in the operation of the two entities — a perfect experiential learning opportunity for students.

Congratulations to our members and Springboard looks forward to seeing what comes out of Navigate.

To read the full article in The Gazette, click here.