Feds pump $1.3 million into Gardiner Institute
Memorial University’s P. J. Gardiner Institute for Enterprise and Entrepreneurship is connecting local entrepreneurs with resources from around the world to develop new ideas and strengthen existing firms. The minister of the Atlantic Canada Opportunities Agency (ACOA) announced that investment of more than $1.3 million in three of the P. J. Gardiner Institute’s initiatives to help new and existing businesses in the province.
Minister McGuire was at Memorial University to make the announcement on Tuesday, Sept. 6, along with Dr. Axel Meisen, president of Memorial University, and other invited guests.
“The Government of Canada recognizes that with a diverse and flexible range of business supports and services, companies are better equipped for a strong start up, and strong growth,” said Minister McGuire. “Small businesses are extremely important to our economy and that’s why ACOA is proud to partner with organizations such as the P. J. Gardiner Institute, which is involved with entrepreneurs at every stage of the business continuum.”
“Memorial’s P. J. Gardiner Institute has provided strong support for business development in our local economy and abroad,” said Dr. Meisen. “The institute is a hub of entrepreneurial ideas, expertise and resources. With the assistance of partners like ACOA, the institute will stimulate further economic growth by helping local and international firms succeed.”
The P. J. Gardiner Institute for Enterprise and Entrepreneurship was established in 1978 by Memorial University of Newfoundland’s Faculty of Business Administration. Since it’s inception, the institute has successfully undertaken hundreds of business initiatives and provided numerous outreach services throughout the province. The P. J. Gardiner Institute has become a leader in outreach, research, and education with a particular focus on youth, technology, enterprise and entrepreneurship. Support for these projects is through ACOA’s non-commercial Business Development Program, Young Entrepreneur Development Initiative and Atlantic Trade and Investment Partnership.
For information on the P.J. Gardiner Institute, please see www.business.mun.ca/pjg/.
The initiatives announced include:
• The Business Families Centre, established this June in partnership with the Business Families Foundation in Montreal, is the only one of its kind in Atlantic Canada. The Centre provides consulting, research and education to support the special needs of family businesses in areas such as succession, governance, gender leadership and entrepreneurship.
• Phase II of the Enterprise and Entrepreneurship Gateway program provides young aspiring and established entrepreneurs with access to information and resources to start or expand their businesses. Phase II will see the expansion of the Gateway model to nine innovation hubs across the province and establish satellite offices at the Marine Institute and College of the North Atlantic in St. John’s.
• Gateway Without Borders initiative will match technology firms in Newfoundland and Labrador with firms in the United Arab Emirates that have access to capital and market development resources. The project is a collaboration between the P. J. Gardiner Institute and the Centre of Excellence of Applied Research and Technology Higher Colleges of Technology in the United Arab Emirates.