Propel, Western University’s student entrepreneurship program, will launch the PSI Summer Incubator program at a special event on May 14, 2015.
Seven youth-led ventures have been offered cash, formal mentorship and office space for the summer of 2015 to grow their market-ready business ventures. The program has a sales and market validation focus, and each of the business teams are entering the program with at least one existing revenue stream.
The launch event will feature a trade show format where the seven companies will showcase their products and branding.
“Propel is committed to providing youth with practical entrepreneurial experience,” said Ian Haase, Director, Entrepreneurship at Western. “The PSI program allows this to happen in a very concentrated, real-world environment over the summer months, which is invaluable as these new entrepreneurs develop their businesses here in London. We set the bar high, and have high expectations for these teams.”
WHAT: Propel Summer Incubator (PSI) Launch
WHO: Meet the Propel team and PSI’s first cohort of seven youth-led ventures
WHEN: Thursday, May 14, 2:00pm
WHERE: Propel, Western Student Services Building, Room 2130, Western University
Propel is part of the Campus-Linked Accelerator (CLA) program, an initiative of the Ontario Government and administered through the Ontario Centres of Excellence (OCE). Propel is partnered locally with LEAP Junction at Fanshawe College. The centre provides co-working space, mentorship, seed funding, events and acts as an advocate for local youth-based (aged 18-29) startups in the community.
MEDIA CONTACT: Stephen Ledgley, Senior Media Relations Officer, Western University, firstname.lastname@example.org, 519-661-2111 x. 85283
Western delivers an academic experience second to none. Since 1878, The Western Experience has combined academic excellence with life-long opportunities for intellectual, social and cultural growth in order to better serve our communities. Our research excellence expands knowledge and drives discovery with real-world application. Western attracts individuals with a broad worldview, seeking to study, influence and lead in the international community.