Monday, December 17, 2012

We could not be more proud of our alumni here at the Conrad Business, Entrepreneurship and Technology Centre. The calibre of the Master of Business, Entrepreneurship and Technology (MBET) and E Co-op alumni from Conrad is impressive and recent successes from this group supports our belief that Conrad is world class when it comes to top-of-the-line business schools.

Three Conrad alumni have recently appeared in the news with great success.

MBET alumnus Matt Rendall and his team at Clearpath Robotics (including MBET grads Adam Gryfe and Blyth Gill) were awarded a total of $203,000 from the Industrial Research Assistance Program (IRAP) and the Digital Technologies Adoption Pilot Project (DTAPP) program of the National Research Council. Clearpath Robotics specializes in the design and manufacture of unmanned vehicles for industrial R&D and was launched in 2009, the funding will help the company develop their next generation of robot control technology. Take a look at Clearpath’s website for more information on this growing company in Kitchener-Waterloo.

Alumni from our Enterprise Co-op program (E Co-op) recently made headlines with a visit to the Dragon’s Den.  Hongwei Liu, Co-Founder and CEO of MappedIn, appeared on CBC’s Dragon’s Den to pitch the interior way-finding company to the dragons. Liu and colleague Desmond Hoi left the den with a deal with three dragons for $375,000 in exchange for 25% of their business. Ultimately – off camera – after due diligence was performed, MappedIn decided not to take the deal.  Instead, they have found investment in established mapping software company Esri Canada. Liu participated in Conrad’s E Co-op program in 2011 along with co-founders Leander Lee and Mitchell Butler. In addition to the opportunity to work on their business during a co-op term, MappedIn also won the $4,000 Nigel Stokes E-Launch Award, an award presented annually to five companies in the E Co-op program.

And finally, Pervasive Dynamics, the startup company of MBET alumnus Muhammad Khan, was recently awarded $60,000 from the Scientists and Engineers in Business (SEB) Fellowship Program – a FedDev grant awarded to those startups deemed to have the potential to greatly impact Canada’s future. Pervasive Dynamics is a technology startup, currently housed in the Accelerator Centre in Waterloo, focussed on enabling and enhancing human body monitoring in the fields of personal health, fitness, sports, and biomedical monitoring. Muhammad has the following to say about the MBET program at Conrad:

“It’s a wonderful interplay of technical and business knowledge that makes a tech startup [thrive] where many big companies barely survive: MBET is the environment where students master this interplay.”

As always, we at Conrad are proud of the many accomplishments of our alumni, both small and large. We look forward to continuing to celebrate your successes and sharing the news with our community!

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