Entrepreneurship

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Entrepreneurship

Fast Facts

  • Canada’s early-stage entrepreneurship rates are well above those of other G7 countries.
  • Colleges and institutes are developing processes, practices, pathways and leadership to encourage staff, faculty and students to think and act as entrepreneurs.
  • In 2012-13, 81% of respondent institutions reported they supported student entrepreneurship
  • Entrepreneurship centres and incubators located on college & institute campuses provide specialized expertise that allows faculty and students to tap into a wealth of entrepreneurship experience and knowledge.

Entrepreneurship is a global competitive advantage, and colleges and institutes are central to the development of the entrepreneurial culture and eco-system in Canada. CICan is committed to enhancing the entrepreneurial capacity of these institutions.

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Canada benefits from a network of 135 publicly funded colleges, institutes, cegeps and polytechnics, which have a long-standing track record of successful collaboration with the private sector, the public sector, and local communities. Together, they produce a highly skilled workforce for today’s economy.

Colleges and institutes across the country are striving to instill entrepreneurial values, principles and initiatives in their institutions. They must continuously work to develop these entrepreneurial values.

Colleges and Institutes understand the link between innovation and entrepreneurship, and also know that in a country where 78% of businesses are small and medium enterprises, it is absolutely essential for post-secondary institutions to develop an entrepreneurial mindset.

Denise Amyot
President and CEO of CICan