17:06 PM

Mohawk College announces new initiative to invest in student start-ups


The Hatchery is a new initiative at Mohawk that invests in student start-ups. Think of it as an incubator for entrepreneurs in the making. Four groups of students will each be awarded seed money to bring their innovative business ideas to market. But first they have to pitch their ideas to the Mohawk Dragons’ Den.

Here’s how it works:

The Hatchery Pizza Mixer
On Wednesday, February 9, 2011, from 4 to 6 p.m. entrepreneurial students and faculty will get together in the Collaboratory to discuss their ideas, find out more about The Hatchery and ENJOY SOME REFRESHMENTS.

Brainstorming Workshops
We’re here to help you along the way.  Entrepreneurial students with innovative ideas can participate in weekly Brainstorming Workshops, where we’ll teach you how to develop a solid business plan and grow your ideas enroute to commercialization.  Participants are encouraged to work in trans-disciplinary groups of 2-5, so students from different programs can collaborate with business students to form the basis for a successful start-up.

Brainstorming Workshops are held on Wednesdays, 12-2pm, from February 16 to March 16, 2011.

Mohawk Dragons’ Den
In March 2011, students will present their business plan to a panel of Mohawk faculty members and successful entrepreneurs.   The top four teams will be selected to participate in The Hatchery Incubation program and will receive seed money to invest in their venture.

The Hatchery Incubation Program
From May to August , 2011, The Hatchery will provide students with the resources and support they need to bring their ideas to market.

Students will:

  • Learn how to start a small business

  • Receive support, advice, mentorship and entrepreneurial training

  • Network with faculty, industry partners and experienced entrepreneurs

  • Receive all of the profit from their venture

How to Apply

We’re looking for full-time second or third year students from a range of programs with innovative business ideas.

If this sounds like you, please join us at The Hatchery Pizza Mixer on Wednesday, February 9, 2011.

Dates to Remember

The Hatchery Pizza Mixer: Wednesday, February 9, 2011, 4-6pm
Brainstorming Workshops: Wednesdays, February 16 – March 16, 2011, 12-2pm
Mohawk Dragon’s Den:  March 2011
The Hatchery Incubation Program:  May—August, 2011

For more information contact dennis.angle@mohawkcollege.ca.

Watch the YouTube video . . .

[youtube http://www.youtube.com/watch?v=qkGyRyI6SSI]