The funds will be distributed in the form of the RBC Innovative Action Fund and will support various elements of the TME program, including its pitch competitions, Lunch and Learn lecture series, mentor in residence program, a leadership conference, meeting space, and a number of funds aiding student startups.
“We are incredibly proud of this provincial university,” said RBC regional president, Atlantic provinces Roger Howard. “UNB is truly Canada’s most entrepreneurial and innovative university … We are so proud to be able to help bring students high quality experiential learning and opportunities through the RBC Innovative Action Fund and we are making this possible through our investment of $1 million.”
Dhirendra Shukla, chair of the Dr. J. Herbert Smith Centre for Technology Management and Entrepreneurship, emphasized the strong nature of the entrepreneurial ecosystem in New Brunswick and said that now is the time for the province to lead.
“I don’t question why New Brunswick,” he said. “I’m very excited as we form and develop new partnerships and new relationships … This relationship with RBC is going to be significant, very important and this partnership is very exciting for everyone within the university, within our community.”
“The funding that RBC has provided, the Action Fund, is so meaningful, so important, so timely.”