Ideas Lab
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Get Paid Developing Your Idea |
Turn A Good Idea Into A Great Idea |
Set Yourself Apart |
Earn $1,000 while developing your idea over 8 weeks. |
Discover the ins and outs of bringing your idea to life in an engaging and supportive environment. |
Stand out in the crowd of your peers with tailored opportunities and resources that set you on a distinctive path to success. |
If you've got an idea or a budding business ready for growth, Ideas Lab is the program for you. In eight transformative weeks you will learn what it takes to build the foundation of your business—from idea generation to launch, our team of entrepreneurial coaches and mentors will support you on your journey.
Experience Ideas Lab
1 | Turn your good idea into a great idea with expert guidance |
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2 | Master the art of problem solving and other essential entrepreneurial skills. |
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3 | Collaborate with a cohort of 9 other ambitious student teams, immersing yourself in a vibrant community of changemakers and trailblazers. | ||
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Develop a comprehensive game plan for your business/idea, connect with entrepreneurial coaches, and gain skills that will shape your entire career and business. |
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Want to read more about past Ideas Lab experiences? Check out our blog posts here.
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Session Dates
Session Dates
We will be running Ideas Lab on Tuesdays from 3:00 - 6:00 pm for 8 weeks from January 14th, 2025 - March 4th, 2025.
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Program Requirements
Program Requirements
Lab participants can expect to work 6-8 hours per week during the program.
Participants must attend all in-person sessions to receive the $1,000 funding
How Do I Apply?
Apply to the Ideas Lab program by clicking the “Apply Now Winter 2024” button on the program page. For quick access, click here to apply. If you require any support filling out your application, email program manager Tianna Going at tgoing@mtroyal.ca for assistance.
Complete the application form with the necessary details and confirm your availability for all mandatory sessions. Attendance in all sessions is required to receive the $1,000 funding. If you have any questions about the application, contact Tianna Going at tgoing@mtroyal.ca.
Program Manager
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FAQ
Students that apply and participate in our programs see a significant increase in their personal and professional growth. By participating in our program, you'll be exposed to new ways of thinking and business concepts that aren’t taught in a classroom, which can be instrumental in shaping your future endeavors. You'll have the chance to work on an idea you are passionate about and learn from others who are on the same journey as you.
We seek imaginative individuals eager to explore innovation, acquire career-enhancing skills, and make a positive impact on the world. If this resonates with you, apply now!
To qualify, you must be a full-time or part-time MRU student enrolled in a degree or transfer program with good academic standing. Unfortunately, open studies students are ineligible for our programming. However, we warmly welcome you to join our community events and benefit from our mentoring and coaching services, extended to students campus-wide.
We are happy to accept applications from individuals or co-founding teams. If you have a co-founding team, we expect both team members to attend all sessions to get the most out of the program. Only one stipend will be provided to a team/individual. If you have a larger team, pick two people who you think will get the most out of the program.
We have one main facilitator throughout the program along, with two to three full time coaches/mentors that attend all sessions alongside you. We like to rotate you between all coaches to ensure you get ample support. The Lab cohort is small so you will receive quality support from everyone participating.
All sessions take place in the Slate Innovation Lab (EB3121) and are conducted in-person. Occasionally, there may be off-campus sessions, but rest assured, we will provide ample advance notice for your convenience.
Rather than submitting a final project, you will have the opportunity to pitch your business idea at the end of the program. We do not grade you, but instead provide feedback and support to amplify your business idea. The great part is that even after the program, we will continue to provide you support and offer all students the opportunity to join our LaunchPad Booster program. Find details about Booster here.
This is not an internship; rather, it's a transformative work-integrated learning experience where you'll collaborate closely with your problem mentor and their business, collectively tackling a business challenge. This opportunity allows you to enrich your resume with invaluable hands-on experience, positioning you strongly for future internships or post-graduation positions.
Whether you are pursuing any degree program across campus, the LaunchPad Lab program welcomes you. Our inclusive approach values diverse perspectives and knowledge, making it the perfect fit for students with varying degrees of business experience. Rest assured, your background and expertise will be highly appreciated and contribute significantly to your team's success.
You do not need business expertise to take part—sometimes less is more!
We are excited that you enjoyed it so much you’d like to reapply. We want to ensure students get ample opportunity to take part so we encourage you to apply to our other programs we offer. You can check out our program page to learn more or reach out to our team to chat about the opportunities we can offer you. If you have a new business idea, reach out to our team first and we can work together to decide if participating in Lab again will help you, or if we can find another program that will fit with your experience level.