The 11th edition of the McGill Dobson Centre for Entrepreneurship’s annual flagship startup competition – the McGill Dobson Cup powered by National Bank, will feature a new prize totaling an amount of $23,000: the Mastercard Foundation-Dobson Startup Awards, focusing on Social Enterprise.
The Mastercard Foundation (MCF) Scholars Program at McGill is proud to be a new partner of the Dobson Cup competition. We are excited to award 3 prizes to scholars who will present social entrepreneurship projects that will contribute to improving lives of others.” – Pauline L’Écuyer, McGill’s Director of International Student Services and The MasterCard Foundation Scholars Program.
Established under the Mastercard Foundation Scholars Program at McGill University, the MCF-Dobson Startup Awards supports ventures competing in the Social Enterprise track of the McGill Dobson Cup. The awards will be offered to viable, sustainable, and scalable social ventures and community projects that create economic opportunities for others.
Valued at a total of $23,000, this award will be given to three deserving teams competing in this year’s startup competition, who demonstrate innovative ideas in the areas of social entrepreneurship. The award will be divided as follows: First prize at $15,000, Second prize at $5,000 and third prize at $3,000.
To be eligible for the MCF-Dobson Startup Awards in the McGill Dobson Cup, at least one team member must have an affiliation with the Mastercard Foundation Scholars Program (i.e. current Scholar or MCF Alumni). Since 2006, the Mastercard Foundation has been tackling poverty reduction, youth employment to help build a better future in the world’s youngest continent: Africa.
Beyond the funding, exposure, and mentorship from world-class entrepreneurs, industry experts, and thought leaders that startup teams will receive, this is a truly invaluable experience to grow their businesses. We are proud to work with the Mastercard Foundation Scholars Program at McGill University to power the next generation of social entrepreneurs.” – Renjie Butalid, Associate Director of the McGill Dobson Centre, and battle-tested social entrepreneur.
The Mastercard Foundation-Dobson Startup Awards in this year’s McGill Dobson Cup 2019 powered by National Bank is part of a series of additional prizes in this year’s startup competition, including the McGill EngInE Prize ($5,000) sponsored by the McGill Faculty of Engineering, and the Food and Agribusiness Convergent Innovation Prize ($5,000) sponsored by the McGill Faculty of Agricultural and Environmental Sciences (FAES), the McGill Centre for the Convergence of Health and Economics (MCCHE), and Trussbridge.