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Grant Awarded to DMZ’s Basecamp Program to Boost Student Entrepreneurship

Thursday, May 2, 2024


The DMZ, one of Canada’s largest startup incubators, has reportedly been awarded a $500,000 grant by the Embark Student Foundation. The grant aims to help develop DMZ’s Basecamp program, which is dedicated to fostering student entrepreneurship. To date, the Basecamp program has enjoyed success by supporting over 350 students who have created 151 startups.

With this funding, the Basecamp program will introduce a new two-phase structure: the initial “Sprint” phase, and the subsequent “Voyage” phase. The “Sprint” phase includes a four-week pitch coaching experience tailored for students who are eager to accelerate their business ideas. This phase culminates in a chance to pitch at Collision, North America’s fastest-growing tech conference.

The “Voyage” phase is an eight-week program that focuses on ideation and development of business ideas. As part of the “Voyage” phase, students will gain insights from DMZ staff, alumni companies and DMZ partners. The DMZ prides itself on partners, who help propel the next wave of entrepreneurs. Some of DMZ’s partners include Shopify, Desjardins and Goodmans LLP, who is legal counsel in residence at the DMZ.

DMZ’s executive Director, Abdullah Snobar, stated: “To build the next generation of successful startups, we must have a hands-on approach that immerses students in the realities of startup life—showcasing the highs and the lows.” Snobar also stated that the new grant will allow the DMZ to showcase to students “how to embrace the grit and hustle” of entrepreneurship.

Students wanting to apply or learn more can do so at

Author: Josh Sloan, 2023/2024 Articling Student


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