Saint Mary's University Entrepreneurship Centre

A Month of Madness: Saint Mary's Wraps Up Another Successful National Student Entrepreneurship Competition

After 31 days of competition featuring top student entrepreneurship talent from across Canada, one person has climbed to the top of the bracket as the winner of this year's 2022 Saint Mary's University March Madness Competition.  

Senior chemical engineering student, Quinn Cavanagh of Dalhousie University, won for his pitch RFINE Biomass Municipal Biomass Solutions. RFINE produces materials from spent coffee grounds that can be used for products such as high-strength building materials to flexible plastic alternatives—a wide array of customizable applications. 

According to Cavanagh, 82 million kilograms of waste coffee grounds are disposed of daily, waste that produces vast amounts of greenhouse gases. Consumers are demanding that coffee companies take more responsibility. His pitch illustrated how RFINE collects coffee waste to create high-value compounds that would allow companies like Starbucks to have every table and countertop in their stores to be made from their coffee waste. The abundance of applications for RFINE's coffee ground materials idea showed abundant potential to the judges, who awarded Cavanagh the win. With the win comes a $10,000 top prize sponsored by Metronome United and one-year membership of legal guidance and support for his start-up provided by Goodlawyer. 

Goodlawyer is offering a year of their pro membership to the top four finalists. At the same time, the second-place finisher received $5000, and the two third place finishers left with $1000 to support their ideas courtesy of Shannon Byrne Susko BComm'89 BSc'92 and Metronome United. 

"I want to congratulate Quinn on his win and Danielle, our second-place finisher, for an amazing finale to our best March Madness competition to date," says Michael Sanderson, Director, Saint Mary's University Entrepreneurship Centre (SMUEC). "Thank you to everyone who participated and brought their great ideas to the forefront. And a special thanks to our sponsors and judges who play a critical role in making this pitch tournament a success." 

This national competition, a destination for Canada's top student entrepreneurs, featured twenty-four universities from coast to coast. From as far west as the University of Victoria and the University of Alberta to participants from central Canada such as the University of Waterloo, Carleton University, and Western University. Eastern Canada was also well represented with many participants, including HEC Montreal, Mount Allison University, Saint Mary's University and the Memorial University of Newfoundland. 

Saint Mary's University's own Marlee Armour, a graduate student in the Master of Technology Entrepreneurship & Innovation program at the Sobey School of Business, finished in a tie for third place. Her pitch was for a product called the SwimTrainer, a flotation device that supports both a better position for children to learn to swim and a safer position for them to float in the water.  

For more information about the tournament, visit https://smuec.ca/march_madness/ or visit www.facebook.com/smuec.ca to watch the videos from each round.

 

SMU Entrepreneurship Centre partners with prominent alumna to expand free business coaching sessions

In response to COVID-19 and the challenges it poses to local businesses, the Saint Mary’s University Entrepreneurship Centre is expanding its consulting services to offer more free virtual one-on-one business coaching sessions. 

“Many local businesses are having to make tough decisions,” says Michael Sanderson, director, Saint Mary’s University Entrepreneurship Centre. “We are here to connect local companies with free virtual one-on-one business coaching to help them find the best way forward for their business during this challenging time.” 

Shannon Byrne Susko BComm’89 BSc’92

Shannon Byrne Susko BComm’89 BSc’92

For the past few weeks, the centre has offered free virtual strategy sessions to Atlantic Canadian entrepreneurs to help identify potential solutions to current challenges. Now through a partnership with prominent alumna and successful serial entrepreneur Shannon Byrne Susko BComm’89 BSc’92, the centre is expanding those services. 

“I have more than twenty years of experience building and leading high-growth technology companies in the financial services industry, and during that time, I have dealt with adversity and economic downturns,” says Susko, CEO and founder of Metronome United. “Now, I share that knowledge and experience with 60 Metronome coaches and their clients worldwide. We help CEOs and leadership teams overcome obstacles and grow. We know that businesses are facing significant challenges as a result of COVID-19, and we are here to help you.” 

Recognized in March 2020 as one Canada’s Top 25 Inspirational Women Leaders, Susko was also named as one Canada’s Top 100 Most Powerful Women in 2018 and was awarded Canada’s Top 40 under 40 in 2001. Susko has built and led high-growth tech companies in the financial services industry. In six years, she co-founded, managed, and sold two companies: Subserveo, Inc. and Paradata Systems Inc. 

For more information, visit www.smuec.ca and www.metronomeunited.com .

 

SMUEC helps Canada’s first airport honesty shop open in Halifax

image_4d3QanC_large.jpg

In an effort to promote Nova Scotia’s locally grown products and the cultural values of honesty and trust in the region, Mabata – Glocal Eatery, supported by the Saint Mary’s University Entrepreneurship Centre’s program The Runway, launched Canada’s first airport honesty shop, located at the arrivals foyer of the Halifax Stanfield International Airport.

Introduced by the Saint Mary’s University Entrepreneurship Centre in April of 2018, The Runway is an incubator that provides local businesses the opportunity to promote and grow their enterprises through product sales and new product testing activities at the airport. The Runway has since worked with 14 local businesses, providing business support and a rent-free space to set up their shop at the Halifax Stanfield International Airport. Each month, The Runway airport kiosk features a new local business, with past companies ranging from apparel brands to plant-based nutrition bars.

The new honesty food pop-up shop, launched on July 10th, is a world pioneering concept that entrusts customers to pick the food, snack and drink items they wish to purchase, punch in their order using a touch screen and pay via a self-service checkout that accepts credit/debit cards, cash and mobile payments, with no one serving or watching customers during their purchase experience.

Mabata’s new Honesty pop-up shop will operate during the summer months of 2019 as a 24/7 un-manned shop and offers a 24/7 remote support helpline to assist any customer that requires further help to make their purchase.

Click here to read more.

Local entrepreneurs explore new opportunities east with help from SMUEC

222-1-1080x675.jpg

Two Halifax-based entrepreneurs are headed to China later this month with the hopes of growing their businesses by entering the Chinese market. Trevor Silver, CEO of tREv Clothing, and Tracy Brown, COO of ValuedOption Inc. will spend 15 days building new relationships with import and export partners and participating in lectures led by world-leaders in the technology industry.

Earlier this year, Saint Mary’s University Entrepreneurship Centre (SMUEC) put out a call for local entrepreneurs looking to build business connections within China and to explore new import and export opportunities.

“In an ever-increasing ‘global marketplace’, China is front and centre as a developed country with huge market potential and cutting-edge technologies; as Nova Scotia-based business’ seek exporting potential and expansion opportunities, China has become a destination of choice for founders,” says Jason Turner, Senior Project Manager, the Spark Zone.

Over the years, Nova Scotia has emphasized the importance of building new relationships with China in order to advance businesses within the province.  Nova Scotia’s business dealings with China led to $719 million in exports in 2018, up from $114 million in 2011. This shows the immense opportunities available to businesses who import and export with China. It is important that Nova Scotia businesses continue to be innovative and gain access to new resources, helping them build connections with businesses in China in order and enter the Chinese market.

Read more.

Entrepreneurship for everyone: SMUEC annual report released

The Saint Mary’s University Entrepreneurship Centre (SMUEC) released it’s 2018-19 annual report, aptly named Entrepreneurship for Everyone.

e4e.jpg

Since re-launching last year under a new name, SMUEC has been working toward its mandate of intergrating and supporting entrepreneurship across all faculties within the university.

The report covers the impressive array of entrepreneurial programming undertaken over the past year, all with a focus to ignite entrepreneurial mindsets and help student entrepreneurs and local businesses thrive.

Some highlights:

  • The new ENbassadors Program saw a team of 13 students working across faculties to encourage student involvement in entrepreneurial activities, reaching 3198 students!.

  • The Runway kiosk allowed selected entrepreneurs to showcase products, conduct market research and engage with consumers at the Halifax Stanfield International Airport

  • The New Product Competition awarded $10,000 in prize money to student teams who developed products to solve a specific retail pain point and presents an opportunity for commercialization.

See an interactive version of the report online: https://en.calameo.com/read/005904302a31615ca1823