Entrepreneurship in NL

In recent years, Newfoundland and Labrador has seen a strong focus from government to maximize the support availible to all. As a result of this effort all students in NL have been able to start businesses easier than ever before.

Below you can learn about some of the organizations helping students start their businesses in NL.

Memorial Centre for Entepreneurship

The Memorial Centre for Entrepreneurship (MCE) inspires and enables aspiring entrepreneurs at Memorial University, offering entrepreneurial students foundational training, encouragement, guidance, access to funding and connections to create high-growth businesses.

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Genesis

Genesis helps build amazing companies.

As Newfoundland and Labrador’s pre-eminent innovation hub, Genesis is known for its flagship incubator program, Enterprise, which began more than 20 years ago. Since its inception, Genesis has expanded its programming to support start-ups from the ideation stage all the way to scaling their business. Genesis’ mission is to create economic wealth for the province by developing and supporting technology entrepreneurs.

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Entrepreneurship Training Program

Memorial’s Entrepreneurship Training Program (ETP) is an education program for graduate students interested in starting a business and learning the fundamentals of entrepreneurship. Through the ETP's Discover and Develop programs, students build the skills, knowledge, and connections necessary to succeed as entrepreneurs.

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The Centre for Social Enterprise

Memorial University's Centre for Social Enterprise was created to be different. Its distinctiveness has been a strategic decision. Built on a unique partnership between the Faculty of Business Administration, the School of Social Work and the School of Music, the CSE seeks to enhance the quality of the human experience via social enterprise and social innovation. We come together in innovative ways to nurture social entrepreneurs, strengthen social enterprises and drive social innovation in Newfoundland and Labrador. Together we value an economy of care.

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Navigate

The Navigate Program (formerly named Gateway West) opened in the City of Corner Brook on the Grenfell Campus, Memorial University of Newfoundland in 2004. The program is designed to address the needs of potential entrepreneurs in the pre start-up phase of business development, and connect those individuals with various resources, programs and agencies that exist to meet their needs. Young entrepreneurs commonly contact Navigate at the “idea” stage of their enterprise, well in advance of when they would normally be visible to or aware of the various supportive agencies and programs that exist within government or in the community.

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Some of NL startups

Colab Software

Founded by 2 students.

CoLab started in 2017 after the founding team continuously experienced the pain of design and manufacturing collaboration while working for some of the world's most innovative companies.

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HeyOrca

Founded by 2 international students from Iran and Malaysia.

HeyOrca is a social media planning & collaboration tool for social media teams to work closely with their entire team and any external stakeholders. The HeyOrca platform makes drafting, approving, scheduling, and publishing social media posts a snap!

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BreatheSuite

Founded by a student.

BreatheSuite allows patients to use their inhaler properly without the need for separate training devices. The BreatheSuite inhaler add-on connects directly to your smartphone via Bluetooth to ensure you never miss a dose, your technique is correct and your symptoms are well controlled.

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Verafin

Founded by a 3 students.

Verafin's cloud-based cross-institutional software is used by nearly 3000 financial institutions to fight financial crime and strengthen regulatory compliance.

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WaterLily

Founded by masters students.

WaterLily makes a portable river turbine loved by paddlers, campers, and off-gridders around the world. It charges phones, speakers, cameras, battery banks, and even 12V devices, by generating power from rivers and streams.

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