Creative Destruction Lab-Rockies accelerates the commercialization of tech startups
Creative Destruction Lab - Rockies (CDL-Rockies) accelerates the commercialization of tech startups that represent the companies of tomorrow. Since 2017, our alumni companies have generated $1.7 billion in equity value. Housed at the Haskayne School of Business at UCalgary, CDL-Rockies capitalizes on Alberta’s innovation ecosystem, UCalgary experts and the larger Creative Destruction Lab (CDL) network to build something massive. CDL takes no equity or intellectual property and charges no fees for participation.
Three focus areas – energy evolution, AgTech and technological innovations solving industries’ biggest problems. – are offered. Ventures apply to the program and progress by meeting aggressive milestones set by world-class mentors who have been there and done that.
How does it work?
CDL employs an objectives-based mentoring process with the goal of maximizing equity-value creation. The program is delivered over a 9-month term, which consists of five full-day objective-setting sessions. Every 8 weeks, ventures meet with CDL-Rockies Mentors, expert entrepreneurs, scientists, economists and industry leaders, to focus on key objectives critical to their success in and out of the program. Additionally, ventures receive hands-on business development support from top-tier MBA and Executive MBA students.
What is the CDL Network?
With 12 locations globally, CDL operates five sites in Canada, three in the United States and four in Europe. Launched in 2012 at the Rotman School of Management at University of Toronto, the program has now expanded with locations in:
- Oxford (Saïd Business School, University of Oxford)
- Paris (HEC Paris)
- Atlanta (Scheller College of Business, Georgia Institute of Technology)
- Madison (Wisconsin School of Business, University of Wisconsin-Madison)
- Seattle (University of Washington, Foster School of Business)
- Vancouver (Sauder School of Business, University of British Columbia)
- Montreal (HEC Montréal)
- Calgary (Haskayne School of Business, University of Calgary)
- Halifax (Rowe School of Business, Dalhousie University)
- Estonia (University of Tartu)
- Berlin (ESMT Berlin)
Mac Van Wielingen
Ray Muzyka and Leona De Boer
The CDL works with startups that employ innovations in technology and business models that promise a chance of delivering massive improvements to economic productivity and human welfare. Have a look at the CDL Alumni companies.