About Saint Mary's
Durland Innovation Fund Competition
22 May, 2016
Dr. Michael Durland and Catherine Durland are pictured with Shawn Simamba and Samuel Ayanlaja of SeeMePly, one of the three winning teams at the 2nd annual Durland Innovation Fund competition held April 21st. The other two winning teams were SWAP (Armando Tenias, Rahul Tiwari, Jared Perry, Nigel Lutchman, Kardam Tiwari) and ProTell (Yves Ibeme and Shivani Rawat).
On April 21st, these three business projects, proposed by teams of current Master of Technology Entrepreneurship and Innovation (MTEI) students, were each recognized with a $20,000 innovation investment to help launch. The Durland Innovation Fund was created last year thanks to the generosity of Dr. J. Michael and Catherine Durland.
Each year, the Durland Innovation Fund provides awards to the top three teams from the Sobey School of Business Master of Technology Entrepreneurship and Innovation (MTEI) program. Students in the MTEI program develop technology start-up companies and present promising new ventures to a panel of rigorous industry judges. Seven teams competed this year.
Saint Mary’s Sobey School of Business has an ambitious vision to increase the number of technology start-ups in Canada and propel innovation and entrepreneurial activity in the Maritimes. The first graduate level professional degree program of its kind in Atlantic Canada, the Sobey School of Business Master of Technology Entrepreneurship and Innovation (MTEI) is designed to attract students from the STEM disciplines (Science, Technology, Engineering and Mathematics) and create T-shaped entrepreneurial professionals conversant in lean-entrepreneurship practices.
The Durlands are both graduates of the Sobey School of Business at Saint Mary’s University. Mike also received his Honorary Doctorate from Saint Mary’s in 2010. Mike is the former CEO of Scotiabank's global capital markets division and a founding partner of Cabot Links Resort in Cape Breton, and is actively involved in a variety of entrepreneurial activities, with specific focus on Canada's growing fintech sector, specifically in the use of Artificial Intelligence in Financial Risk detection.