The Creative Destruction Lab is the country’s largest program for seed-stage science-based businesses with high potential for growth. In five years, this unique initiative has helped more than 100 startups grow, thrive and generate over $1.2 million in equity value. In addition to CDL-Rotman, the program is now up and running at the Sauder School of Business (UBC), Haskayne School of Business (University of Calgary), Rowe School of Business (Dalhousie) and HEC Montréal.
CDL-Montreal will employ the CDL-Rotman method, which is rooted in an objectives-based mentoring approach led by accomplished entrepreneurs and world-class angel investors, including Michael Cegelski (Director, Passwordbox Inc.) and Daniel Robichaud (serial entrepreneur and angel investor). The purpose of this specialized program is to develop tech startups and create value, working closely and openly with the existing entrepreneurial ecosystem. CDL-Montreal will concentrate on the data science sector. Selected applicants will benefit from the world-renowned, cutting-edge research developed at Montreal’s Institute for Data Valorization (IVADO) with regard to data science, operational research and artificial intelligence.t.
The implementation of CDL-Montreal is under the leadership of Executive Education HEC Montréal. The first cohort, focusing on data science ventures, will be operational in December 2017.