Entrepreneurship and business-related skills are becoming increasingly important in today’s economy as more and more people seek to create their own jobs.
Universities are strong supporters of student innovation and entrepreneurship, and through courses, startup accelerators, venture funds, and many other initiatives, universities are producing graduates who are creative and independent problem-solvers.
A July 2014 report by the Higher Education Quality Council of Ontario, The State of Entrepreneurship Education in Ontario’s Colleges and Universities, found the following:
- Ontario’s universities and colleges offer nearly 300 courses linked to improving entrepreneurial skills for students
- There are 174 entrepreneurship education courses or business incubators in Ontario’s colleges and another 114 in its universities. The authors note “that relative to the sizes of the populations served, the availability of entrepreneurship courses is greater in universities”
- Seventy-five extracurricular entrepreneurship opportunities/activities are available at Ontario’s universities and colleges; 17 of those programs are offered by eight colleges and 58 programs are available in 13 universities. These activities include incubators, competitions, workshops, co-ops, internships, mentorships and workspaces
- Universities have 23 “entrepreneurs in residence”
- Universities have six chairs in entrepreneurship