Economic Impact

There are few experiences as exciting as watching a pitch competition at the University of Waterloo. The student-entrepreneurs are full of passion, focus and expertise that they are utilizing to create truly unique and groundbreaking ventures. It is quite inspiring, but it’s only the tip of the entrepreneurial iceberg at Waterloo.

The ventures that have come out of the hard work of thousands of Waterloo students and graduates continue to disrupt industries and make significant contributions to our local, regional and national economies. In the third and final part of my Economic Impact Series, I am going to explore the wide-ranging and ongoing contributions of Waterloo’s entrepreneurship programs and talented entrepreneurs.

When I am connecting with government officials, post-secondary administrators and industry leaders from around the world, I am most often asked about Waterloo’s co-op program.

I get questions about its benefits to the students, to the learning process, to business, to research, to the University and about how it impacts society. With more than 60 years of experience with co-operative education, it’s clear to me that our co-op does all of these.

Co-op is in our DNA. It has been part of our institution from its very founding and after six decades of evolution it is delivering for our students, our employer partners and for Canada.

To be relevant and truly distinctive, universities around the world must have a unique role to play in society. We need to educate and train generations of talented citizens with a renewed purpose as we wrap it together with a dedication to enabling curiosity-driven discoveries from our exceptional researchers and faculty members. That’s why universities are vital to the economic health of nations.

That is exactly what we have been doing right here at the University of Waterloo from day one.