Hult Prize quarterfinal found to be held at U of T’s Rotman School of Management

From U of T News:

Last year, six University of Toronto teams made it to the regional finals of the Hult Prize– an annual competition where teams of university students develop innovative ideas to solve the world’s biggest social problems, such as non-communicable diseases and malnutrition.

Those regional finals took place in London, Dubai, Boston, Sao Paolo, San Francisco and Shanghai.

This year, U of T students won’t have to travel so far to compete in the world’s largest student competition.The Hult Prize is coming to campus.

Teams of three to five students – from any faculty or school and any year – are eligible to register for the contest, and submit a proposal for a viable start-up company focussing on early childhood education, says MBA student Jason Visscher, who is organizing the Hult Prize at University of Toronto event.

More than 10,000 applicants from 150 countries entered the competition in 2013, tempted by a chance to win a prize of US$1 million as well as networking, mentorship and coaching opportunities and a meeting with former U.S. President Bill Clinton, whose Clinton Global Initiative cosponsors the competition together with the Hult International Business School.

Read the full story from Terry Lavender at U of T News…

Here’s something founders will need to overcome: networking can make some feel “dirty,” says a new study from Rotman, Harvard

For entrepreneurs, attending meetups, making cold-calls and jumping headlong into conversations with strangers is all part of the territory. But maybe it makes you feel a bit gross to do so? Well, you’re not alone.

A new study from U of T’s Tiziana Casciaro and co-authors from Harvard Business School and the Kellogg School of Management, says professional networking can create feelings of moral impurity and even physical dirtiness.

Learn more about why networking can make your skin crawl…

Three Rotman MBA graduates named as Canada’s top female entrepreneurs

From the Rotman media centre:

Toronto – Three graduates of MBA programs at the University of Toronto’s Rotman School of Management have been named to the PROFIT/Chatelaine W100 ranking of Canada’s top female entrepreneurs.

“We’re extremely proud of our graduates and their success in their careers as entrepreneurs and business leaders,” says Rod Lohin, Executive Director, Rotman Alumni Network. “And we will continue to develop future female leaders through our programs as well as the Rotman Initiative for Women in Business.”

Placing 26th in the ranking was Gina Rizhanovsky, President & CEO of PCMusic, an on-demand music, video, and AV provider for businesses. She graduated from the Rotman Full Time MBA program in 2006.

Ann Kaplan, President & CEO of iFinance Canada, which provides small ticket consumer loans, was 41st in the ranking. She graduated from the Rotman Executive MBA program in 2005.

Kim Shannon, President & Chief Investment Officer of Sionna Investment Managers, a value investing firm, placed 58th. She graduated from the Rotman Evening MBA program in 1993.

The annual ranking was published in the October 2014 issues of Canadian Business and Chatelaine magazines. It ranks female business leaders in Canada according to a formula that combines the sales, three-year revenue growth rate and the profitability of their businesses. To qualify, candidates must be owners or significant stakeholders who at least share decision-making capabilities.

Find the original media release here…

Breaking research out of the lab: Canada doesn’t lack innovators, it lacks entrepreneurial innovators

OTI Lumionics is a startup founded in U of T research and developed with help from the Creative Destruction Lab, the Banting & Best Centre, and other university-based supports.

Recently, co-founder Michael Helander wrote a compelling argument for the nature of university-based entrepreneurship in Canada – what it’s like now, and where it should be going.

Check out the article here…