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Posted on February 24 2020

How University of Toronto builds the entrepreneur in you

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By  Editor
Updated April 03 2023
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Canada is a country of choice for students from around the world for their studies. They find the study programs in universities of Canada world-class and highly resourceful. The study programs build careers and set the students’ future on a path of excellence.

The University of Toronto is a distinguished top-rated university in the world. Among a range of study programs, its entrepreneurship programs are gaining great credit. They are creating the masters who will run the innovative enterprises of tomorrow.

The university offers more than 20 entrepreneurship programs across every academic discipline. These include Entrepreneurship for Engineering and establishing Go-to-Market Strategy. The rate at which it solves interdisciplinary problems exceeds other universities. The performance begins from the classroom and is seen even in the research labs.

The University is a hub for multiple fields. These include high tech, biotechnology, pharmaceuticals, medicine, mining, finance, and natural resources. The influence of the university on the regional economy of Toronto is also huge.

Toronto is a magnet of tourism with its ranking as one of the most livable of world cities. There is a unique mixture of innovative talent and experience. This flourishes in the highly conducive atmosphere the region provides.

The University has 9 accelerators that help entrepreneurs across the university's three campuses. These accelerators are accessible for students, alumni, faculty, and partners. More than 500 companies have been founded in the last 5 years. These companies founded in association with the university have attracted investment in millions.

Next year, the university is opening an Entrepreneurship Centre in Mumbai. The accelerators the university use to welcome entrepreneurs from abroad play a big role here too.

Students can work on and off campus while studying at the university. Upon graduating, they can get a Canadian work permit of up to 3 years.

The University provides many facilities to the budding entrepreneurs. OnRamp is a huge facility available for startups free of rent. It provides workspace, meeting rooms, and conference facilities. The university has programs that fund budding entrepreneurs. They help them to go to networking events, conferences, and trade shows.

The University has fellowships and scholarships to motivate and support entrepreneurs. Competitions with funding is another program conducted for startups. The University’s incubator program mentors the students. It facilitates introductions between its startups and investors.

Successful ventures

  • Trexo Robotics makes robotic exoskeletons for children. The venture was started by Manmeet Maggu, an MBA graduate, and Rahul Udasi, a Master's in Engineering holder. Both are from the University of Toronto.
  • BuzzClip developed a sensor that’s wearable and detects obstacles for blind and those with partial sight. It was started by Bin Liu, an Engineering graduate from the University of Toronto, and Arjun Mali.

These innovative enterprises born from the university proves its capability to develop entrepreneurs.

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