WHO ARE YOU AND WHAT DO YOU DO?
WatSolve is a management consulting group focused on providing experience-based learning for Science and Business students at the University of Waterloo. We provide pro-bono consulting services for Science and Technology-based organizations that are facing complex business problems.
WHAT KIND OF SERVICES DOES WATSOLVE PROVIDE?
Our team is comprised of Science and Business students with experience in a breadth of industries. A select list of consulting services we provided include but are not limited to:
· Acquisition Proposals
· Competitor and Industry Analyses
· Funding/Financing strategy
· Market and Customer Research
· Regulatory Analysis (FDA, EMA, GMP, ISO, CE Marking)
· Revenue Strategy and Financial Projection
· Strategic Business Plan Developments
· Branding and PR Strategy Development/Analysis
IS WATSOLVE A PART OF THE UNIVERSITY OF WATERLOO?
Yes, WatSolve operates under the umbrella of the Science and Business program and proudly represents the University of Waterloo. WatSolve is overseen by our founder, Dr. Okey Igboeli, who is the Director of the Science and Business program at the University of Waterloo.
HOW DOES WATSOLVE’S ORGANIZATIONAL STRUCTURE WORK?
WatSolve is divided into six different internal teams namely Finance, Communication, Marketing, Human Resources, Operations and Strategy. All WatSolve members are part of an internal team that helps keep WatSolve’s operations as efficient as possible. In addition to being part of an internal team, members are also part of project teams in which they work with clients to develop innovative business solutions.
HOW MUCH DO YOUR SERVICES COST?
WatSolve consulting services are free of charge.
WHERE IS WATSOLVE BASED?
WatSolve is based in Waterloo, Ontario as a part of the University of Waterloo. Our address is 200 University Ave W, Waterloo, ON N2L 3G1.
HOW, AS A BUSINESS, DO I GET IN CONTACT WITH WATSOLVE?
If you’d like to get in contact with us, kindly fill out the Client Contact Form which is also located on our “Our Clients” page. There, you will find more information about the types of services we offer as well as the industries which we’ve consulted for in the past.
WHO CAN BECOME A MEMBER OF WATSOLVE?
To join WatSolve, you must be enrolled in the Science and Business program at the University of Waterloo. WatSolve admits Science and Business students in their first year all the way up to their last year.
You must be on a study term to participate in WatSolve. You cannot become a WatSolve member if you will be on co-op for the term you wish to apply for.
WHEN DOES WATSOLVE RECRUIT?
Our application periods typically start a week before the Fall and Winter terms. Students can follow our social media to receive the most up-to-date information regarding our recruitment timelines and the application process. Students can also visit the "Our Students” page to learn more about what it’s like to be a WatSolver and what they can expect to learn as a WatSolver.
HOW BIG IS WATSOLVE’S ALUMNI NETWORK?
WatSolve is very proud to have 30 alumni and counting, who we connect with in order to provide mentorship to current members!
HOW DOES WATSOLVE PROTECT MY INTELLECTUAL PROPERTY?
All Watsolve members are required to complete an Non-Disclosure Agreement and confidentiality agreement prior to working on a project. The client's identity will not be disclosed to any external parties, unless the client has explicitly provided WatSolve with consent to do so.
DOES WATSOLVE CONDUCT PRIMARY RESEARCH?
No, Watsolve does not conduct any primary research.
WHAT KIND OF ENGAGEMENT LEVEL IS EXPECTED OF ME?
Consulting is a collaborative process between the client and the consultant. At WatSolve, we empower our clients to reach their business objectives by solution crafting collaboratively and meaningfully. Typically, our consultants will engage with the clients on a bi-weekly basis to discuss their findings, pose questions, and ideate new strategies to solve the problem.