Innovation, Entrepreneurship & Impact Fund

 

Innovation & Impact dean’s fund

The Innovation, Entrepreneurship, and Impact Fund aims to serve as a foundation for launching student-led start-ups.  All School of Engineering students are encouraged to form teams composed of at least 3 (but no more than 5) students to develop a viable venture that seeks to solve real-world problems. The primary contact must be a School of Engineering student, and the team can include two UBC Okanagan student from another faculty.

Learn about IEI 2021 projects

The submission portal is now open until February 28, 2022. Up to five teams will be selected, and each will be awarded access to $10,000 in start-up capital.  The winning teams will work on their ventures over the summer semester (May-August) under the mentorship of an assigned faculty member.

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.

Rehan Sadiq, Executive Associate Dean

School of Engineering

How will it work?

Student groups can submit applications by 5pm PST on February 28, 2022.  Applications will include written responses to an online form and a video pitch. The submissions will be reviewed by a panel that includes Dr. Kenneth Chau, Dr. Alon Eisenstein, Dr. Ray Taheri, Dr. Vicki Komisar, and Dr. Sabine Weyand. The panel will evaluate each submission using the following rubric assessment breakdown:

Conceptualization and Ideation (24 points)

Impact (12 points)

Execution Plan (12 points)

Video (includes the Idea (20 points), the Team (16 points), and the Motivation (16 points))

Up to five prizes of $10,000 will be awarded. The funds will serve as start-up capital to enable students to further develop their concepts over the summer semester (May-August).

Eligibility:

All current School of Engineering undergraduate students are eligible. Teams must be composed of at least 3 but no more than 5 students.  The primary contact must be a School of Engineering student, and the team can include up to two UBC Okanagan students from other faculties. All applications must be submitted through the online portal and include a video pitch of no more than 5-minutes in duration.

Submit application

Application deadline is Monday February 28, 2021 at 5pm PST.

Questions?
Direct your questions to Grant Topor, Student Professional Development Officer, at grant.topor@ubc.ca

 

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.