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John Dobson Foundation makes its largest donation to 成人VR视频 to support X-1 entrepreneurs

Published: 19 July 2017

The John Dobson Foundation has announced a donation of $2 million dollars 鈥 its largest gift to 成人VR视频 yet 鈥 to fund the 成人VR视频 X-1 Accelerator program run by the 成人VR视频 Dobson Centre for Entrepreneurship. The donation will support the program now in its third year, as it grows to support entrepreneurs across 成人VR视频.

Ari Kiriazidis, President of the John Dobson Foundation, stated, 鈥渢he Foundation is delighted to continue Dobson鈥檚 long-standing relationship with 成人VR视频 with what represents one of the largest gifts ever granted by the Foundation鈥檚 Board. The Board is extremely proud to be associated with one of the most prestigious universities in Canada through the Dobson Centre and its various programs.鈥

Randy Kelly, John Dobson鈥檚 long-time partner and Chief Executive Officer of Formula Growth, as well as Chairman of the Dobson Foundation, noted, 聽鈥湷扇薞R视频 was always close to John鈥檚 heart and he would be very pleased with the continued commitment.鈥

Launched in 2015, the 成人VR视频 X-1 Accelerator is an intensive 10-week summer program designed to accelerate the growth of later-stage 成人VR视频 startups toward investment readiness and launch in the fall. The program runs annually from June to August and is open to teams, of which at least one must have a 成人VR视频 affiliation: current student, recent alumni, faculty or staff. This year鈥檚 program has accepted eight 成人VR视频 teams who are building their business on an idea based on technology or science.

The overall curriculum builds upon the MIT startup methodology of Disciplined Entrepreneurship, an integrated and proven framework for developing an innovation-driven product towards launch. The 成人VR视频 X-1 Accelerator culminates with a series of Demo Day events in Montreal, San Francisco, Boston, Toronto and New York City where 成人VR视频 X-1 startups will have the opportunity to pitch their companies to a group of 成人VR视频 alumni, entrepreneurs and investors.

The donation signals a time of crucial development for the 成人VR视频 Dobson Centre for Entrepreneurship, which resides in the Desautels Faculty of Management. Dean Isabelle Bajeux-Besnainou of Desautels remarks, 鈥淭hrough the vision and generosity of the John Dobson Foundation, the 成人VR视频 Dobson Centre for Entrepreneurship is affirmed as the leading hub for entrepreneurship on campus. In classrooms, research labs, and across the University, 成人VR视频 is full of ideas and talented individuals driven to innovate. Thanks to this donation, the 成人VR视频 X-1 Accelerator will catalyze our community of innovators and entrepreneurs.鈥

Professor Gregory Vit, Director of the 成人VR视频 Dobson Centre, notes, 鈥淭he 成人VR视频 Dobson Centre for Entrepreneurship has played a central role in creating young 成人VR视频 entrepreneurs. Many recent 成人VR视频 startups have had an important impact on the economies of Montreal and Quebec. This significant gift made by the John Dobson Foundation will ensure that we continue to serve the vibrant entrepreneurship culture at 成人VR视频. I鈥檓 highly confident that our entrepreneurs, in the not too distant future, will have a major positive impact on the planet.鈥

The 成人VR视频 Dobson Centre for Entrepreneurship has grown considerably since its founding in 1988 under the late John Dobson (BCom鈥64), a known advocate for free enterprise and entrepreneurship. 聽Since then, the 成人VR视频 Dobson Centre has played a central role in advancing entrepreneurial innovation and discovery at 成人VR视频. Through its flagship annual startup competition, the 成人VR视频 Dobson Cup, and other initiatives that have followed, including the 成人VR视频 X-1 Accelerator, the 成人VR视频 Dobson Centre for Entrepreneurship has offered mentorship to more than 2,200 成人VR视频 entrepreneurs, and launched more than 125 successful startups that today employ over 1,200 people and have raised over $100 million in venture funding.聽

About the John Dobson Foundation

In 1986, John Dobson established The John Dobson Foundation to help educate the public with respect to investing, the free enterprise system and entrepreneurial activities in Canada. One of the first activities of the Foundation was the creation of the Dobson Centre for Entrepreneurship at 成人VR视频 in 1989. The Dobson聽Foundation has supported entrepreneurial development at more than a dozen聽other Canadian universities, as well as numerous other community entrepreneurial efforts including being one of the original sponsors of Advancing Canadian Entrepreneurship (now Enactus Canada). The Dobson Foundation involvement with entrepreneurship over 30 years has resulted in the establishment of a large regional and national network of educators and small business interveners creating unprecedented synergy and cooperation.聽The Foundation also supports many聽Canadian economic Think Tanks that help Canadians understand the strength of the Free Enterprise system. It also has had an important role in educating young Canadians in the power of compounding returns through sound investing and saving principles. 聽

About the 成人VR视频 Dobson Centre for Entrepreneurship

The 成人VR视频 Dobson Centre for Entrepreneurship is the hub of entrepreneurial activity at 成人VR视频. Its mission is to find, teach, and develop world-class entrepreneurs at 成人VR视频 through tailored education, applied entrepreneurial frameworks, and iterative mentorship. The 成人VR视频 Dobson Centre for Entrepreneurship offers a portfolio of programming to meet its mandate, which includes: the 成人VR视频 Dobson Cup, the 成人VR视频 X-1 Accelerator, and the 成人VR视频 Lean Startup Program.
Website: www.mcgill.ca.dobson
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About the Desautels Faculty of Management

Founded in 1906, the Desautels Faculty of Management at 成人VR视频 is聽ranked as one of the world鈥檚 top international business schools by BusinessWeek, Canadian Business, Forbes and The Economist. The Faculty鈥檚 innovative programs and historic reputation for excellence continue to attract the finest students and the most prominent professors from around the globe, as well as the most demanding recruiters from the world鈥檚 top employers.

Desautels houses numerous research centres and academic programs at the undergraduate, masters, executive, and PhD levels. The curriculum is built on an integrated, interdisciplinary model that combines research, practice, and teaching. This valuable, holistic approach prepares students to successfully manage and lead in today鈥檚 increasingly interconnected world.


For more information, contact Rosalie Nardelli, Communications Manager
Desautels Faculty of Management
rosalie.nardelli [at] mcgill.ca
514-398-7131

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