"The Government of Canada understands the importance of entrepreneurship in developing and maintaining a diverse economy. Planting the seeds of entrepreneurship at the university and college level is critically important to building a strong Canada for today and into the future. Congratulations to the Grenfell Campus of Memorial University of Newfoundland and to the College of the North Atlantic for their vision and for their commitment to the Navigate Entrepreneurship Centre."Gudie HutchingsMember / Députée, Long Range Mountains
As part of the Atlantic Growth Strategy, the Government of Canada, through the Atlantic Canada Opportunities Agency (ACOA), is investing $102,936 to help the Navigate Entrepreneurship Centre expand its services and foster collaboration between Memorial University, College of the North Atlantic, and the local business community.
Over the past 12 years, the Navigate Entrepreneurship Centre has played a strong role in the creation of 71-plus businesses and more than 123 full and part-time jobs in the Western region. The Navigate Entrepreneurship Centre was established in 2004 at Grenfell Campus to introduce ambitious young people to the resources, programs and people that can help them get their ideas from the drawing board.
This expansion of the Navigate Entrepreneurship Centre will foster entrepreneurship and entrepreneurial skills in students, graduates, and staff from Grenfell Campus and College of the North Atlantic. It will increase active involvement of Grenfell Campus students with College of the North Atlantic students in entrepreneurial and business development workshops, information sessions and conferences; the development of new business relationships among students, faculty and staff at the two post-secondary institutions;
The investment will also see the Navigate Entrepreneurship Centre establish of an advisory committee tasked to encourage business owners to promote and support entrepreneurship and mentorship, especially for young entrepreneurs; identify areas of potential partnerships with Qalipu First Nation; and profiling and marketing of students’ business opportunities and start-up ideas.
The total investment for expansion at the Centre is $253,763. The Government of Canada, through the Atlantic Canada Opportunities Agency (ACOA), is investing $102,936 and the Provincial Government is contributing $12,000. The remainder will be contributed by Memorial University and College of the North Atlantic.