Studio Y, MaRS’ program supporting young entrepreneurs, announced that applications are open for its 8-month fellowship.
Every year, Studio Y selects 25 young people under 29 to participate in the program, which helps entrepreneurs work on leadership skills, pursue entrepreneurial ideas, and develop networks with peers and mentors. Each fellow also receives a stipend of up to $25,000 to cover living costs during the program. Each entrepreneur receives the opportunity to work with companies like Hydro One, Civic Action, and The Ministry of Children and Youth Services. Through these partnerships, entrepreneurs launch initiatives aligned with MaRS’ key areas of focus: Health; Energy and the Environment, Advanced Materials and Manufacturing, Finance, Commerce and Law, or Work and Learning.
At the same time, Studio Y also announced that the program would take on a flexible, part-time format so that fellow can work, study, or run a venture full-time while participating in Studio Y.
“Our economy is changing; we need to start equipping a new generation with the skills needed to succeed in this complex marketplace,” said Lekan Olawoye, program director of Studio Y. “By developing the skills of talented young people and connecting them with the resources and networks they need to build and accelerate their leadership abilities, Studio Y is creating a new coalition of problem solvers and innovators– benefitting the entire province.”
Applications close on June 23, with the third cohort beginning on September 6, 2016 until May 2017. Apply for the program here.
