September 12, 2019 7:57 am

University of Calgary’s business school launches entrepreneurship centre with $5M donation

The University of Calgary's Haskayne School of Business is launching a new social entrepreneurship centre with a $5 million donation.

Global News

The University of Calgary’s Haskayne School of Business is launching a new social entrepreneurship centre, thanks to a generous donation.

The $5 million gift from the Trico Charitable Foundation will go towards helping students push the boundary when it comes to business and its positive social impact.

“The motivation of a social enterprise is to solve a social problem, both environmental and social. It could be poverty, it could be something to do with climate change — but the initial drive, the goal is the create change in some area that there’s a problem,” said instructor Houston Peschl, on Wednesday.

He said the donation from Wayne and Eleanor Chiu will change the trajectory of the student experience at the school with exposure to top-level academic and research content.

“What we’re hoping to do with the [Trico Foundation Social Entrepreneurship Centre] is allow the students to experience content that is aligned with the power of business as a force for good as well [as] allow for more research to take place in this area,” he said.

Also announced was a partnership between the Haskayne School and the Trico Charitable Foundation to bring the Social EnterPrize award — a $100,000 biennial competition for Canadian leaders in the field — to Calgary in November 2019.

© 2019 Global News, a division of Corus Entertainment Inc.

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