Master of Business, Entrepreneurship and Technology (MBET) students captured second place in the RBC Next Great Innovator Challenge held January 17 in Toronto. The team of five students called RBC+ included MBET students Shanae Vander Togt, Rahim Dhanani, Ali Esmail, Aleesha Babineau, and Vejey Karthick Gandier.
The five teams that competed in the final challenge event were required to propose an innovative idea that would enable RBC to use big data to create a competitive advantage.
The MBET students' solution involved using socially responsible investments and leveraging RBC's existing brand to create competitive advantage. As the runners up, the team members were awarded a $5,000 prize.
This is not the first time MBET students have placed in this challenge. In RBC's 2011 competition, three MBET teams placed first, second, and third, while in 2012, one placed first.