Ryerson University’s Business Innovation Hub is a new initiative within the Ryerson Entrepreneur Institute (REI) that seeks to help small and medium-sized businesses adapt to today’s uncertain economy due to the COVID-19 pandemic through the delivery of creative solutions.
With a team comprising student consultants and faculty advisors from diverse professional backgrounds, they seek to provide a fresh perspective to the companies while utilizing Ryerson’s resources to implement solutions.
Examples of their services include marketing to youth, transforming websites, enhancing online presence, scheduling curb-side pick-up, finding applicable government grants, and video production and editing.
The process includes three stages.
They meet one-to-one to fully understand the business functions and needs.
They help identify opportunities, draft a proposal, and implement an innovative solution at no upfront cost.
If the client is happy with their work, they ask for a charitable donation to Ryerson University to continue to add value to the companies.
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