The Goodman Group Venture Development brings exciting new opportunities for collaboration between southern Ontario’s research and business communities.
Venture Development, is currently located in the $111.4-million Cairns Family Health and Bioscience Research Complex on the University’s main campus. In June 2019 Venture Development will be relocating to the BrockLINC in the Rankin Family Pavilion. This is a strategic decision to promote, create and support collaboration among the residents and some of Canada’s leading innovative thought leaders.
Collaborative teams of Brock’s faculty, researchers, staff, students and alumni, plus representatives from private industry are available to support and work with residents to accelerate the launch of their new or existing ventures. Residents of Venture Development also have access to Innovate Niagara’s Network of Incubators which Venture Development is a part of. This network of industry-specific business incubators provide companies with access to the state of the art equipment and workspaces, and endless collaborative opportunities with leading-edge portfolio companies and education and industry partners.
In addition to its physical incubation space, Venture Development, utilizes the web portal of Innovate Niagara has a web portal that helps entrepreneurs navigate through the regulations and requirements and features the ability to create a personalized roadmap that tracks the journey of launching an idea into the marketplace. The website is part of a suite of services offered by Innovate Niagara to entrepreneurs in addition to advisory services, training, mentoring, networking and more, all available at little or no cost.
The Venture Development Residency Advisory Committee provides local perspective, guidance and expert strategic advisement in the selection and renewal of external residents in Brock University’s Venture Development incubation facility. The Venture Development Residency Advisory Committee is a group that consists of successful business and community leaders with extensive entrepreneurial, leadership and technology expertise. Along with the Venture Development Residency Advisory Committee Venture Development is supported and fortunate to work with a vast group of partners that allow for a high level of service to be provided.
Support provided to Venture Development by the Government of Ontario’s On Campus Entrepreneurship Activities (OCEA) program has helped Venture Development in delivering the Kick-Starting Entrepreneurship program, a hands-on entrepreneurship training program for Niagara youth. The Kick-Starting Entrepreneurship program is part of the OCEA program that is an initiative of the Government of Ontario under the Youth Jobs Strategy and is being managed by Ontario Centres of Excellence (OCE). This program is a partnership between Brock University, Innovate Niagara and other community members. To read more about the funding announcement, here.
Venture Development would also not have been possible without the generous support of our government partners. In January 2012, the Federal Economic Development Agency of Southern Ontario’s Prosperity Initiative (FedDev) provided $843,500 to Brock University to be used as seed funding for Brock Venture Development. Read more about the funding announcement