Innovation, Entrepreneurship & Impact Fund


Innovation & Impact dean’s fund

The Innovation, Entrepreneurship, and Impact (IEI) Fund serves as a foundation for launching start-up companies in the UBC Okanagan community.  Starting in 2023, the IEI Fund will partner with e@UBCO to provide support to existing ventures that successfully complete e@UBCO programming and demonstrate strong potential in commercializing their technology, product, or service.

The IEI Fund will offer up to $10,000 in funding commitment per venture and assist each venture in preparing a Mitacs Accelerate Entrepreneur application. The Mitacs Accelerate Entrepreneur is a funding program in which Mitacs matches the start-up’s investment by 50% and releases a research award to student or post-doctoral entrepreneurs through four-month internships, valued at $15,000 per internship. Funding will only be released to ventures whose Mitacs Accelerate Entrepreneur application is successful.

Learn about IEI 2021 projects

It is more than just funding; it is an investment in students through establishing partnerships with faculty mentors, successful entrepreneurs and organizations such as Entrepreneurship@UBCO.


Student and postdoctoral entrepreneurs must hold ownership in their start-up, and hold responsibility for the management and/or operations of the company. Full-time employees with no ownership or responsibility for the company’s management and/or operations are not eligible for Mitacs Accelerate Entrepreneur funding. This program targets the stages in a start-up’s journey where big impacts can be made:

  • Piloting and testing a new product, service or technology
  • Iterating and improving on an existing product, service, or technology
  • Making the most out of limited budgets

For details on eligibility for the Mitacs Accelerate Entrepreneur funding, please see the following:

applications will be considered from ventures by invitation only. ventures currently enrolled in e@UBCO programming will be invited to submit a letter of intent to the IEI Fund in early 2023.


Questions can be directed to Student Professional Development Officer Grant Topor at

Learn more about the progress of 2021 IEI Funded Teams.

Cloudtrac designed a theft prevention GPS tracker

The Eledigm team designed a cistern water filtration system.

Team SIP designed water purification backpack.