Creative Descruction Lab Rockies
Creative Destruction Lab (CDL) Rockies is a unique milestone-based mentoring program for massively scalable science-based companies. Initially started in 2012 at the University of Toronto’s Rotman School of Management, CDL-Rockies is an extension of the program within the University of Calgary’s Haskayne School of Business.
Building something massive with Haskayne
The program employs an objectives-based mentoring process with the goal of maximizing equity-value creation. Since 2012, over 1,000 founders representing more than 500 companies have participated in the CDL. The successful commercialization of cutting-edge science achieved through the program has led to creation of over $3 billion in equity value. CDL locations include Toronto, Vancouver, Calgary, Montreal, Halifax and Oxford.
This nine-month program is laser-focused to accelerate business growth. A group of carefully selected and highly successful entrepreneurs and angel investors (CDL Fellows and Associates) work with founders to break down complex business challenges and define high priority, measureable objectives that are achieved in 8-week sprints. Through mentorship and financing opportunities, the CDL helps innovators transition their ideas from technology and science projects to high-growth companies.
Unlike many programs, the CDL members actually roll up their sleeves. Not only contributing time and judgment, the mentors also contribute their vast network. They can open doors for young people. This is huge.
Chen Fong
G7 Fellow
The program involves mentorship from select entrepreneurs and angel investors the CDL Fellows and Associates and opportunities to raise capital. World-renowned experts from leading academic institutions provide technical feedback to founders. Top University students work with founders to develop financial models, evaluate potential markets, and fine-tune strategies for scaling.