Thank you for having me. My name is Anne Caulfield, I am the Financial Aid Officer at the Schulich School of Business. I have worked in Financial Aid for 34 years. I have to say these last couple of years have been the most trying. First with the major cuts that the Conservative government made to the OSAP Program (negatively affecting our domestic students) specifically the reduction in available grants and reduced repayment thresholds and the pandemic which meant the drying up of part-time jobs and paid internships and the reduction in value of other countries dollars meant more money that international students had going to fees and not to living expenses. Trying to get students through school and help them with funding has been especially difficult in the past 2-3 years.
On an positive note, one thing I have noticed is a resurgence in Entrepreneurship. Schulich has a newly established Office of Innovation Entrepreneurship. The mandate of OIE is "... lead the development of accelerator/incubator services for the School and its various programs, build new partnerships throughout the wider innovation ecosystem and continue its work designing innovation-centric Work Integrated Learning programs."
The Office will also lead the continued expansion of the 'Schulich Startups' Community, which now has more than 3,000 members and is supporting more than 150 companies started by our students and alumni.
In March of this year, Schulich participated in a major new initiative with the City of Toronto and a team of leading global technology companies (including Shopify, Google and Facebook Canada) to help main street retailers survive the COVID-19 crisis. As part of the initiative, 100 students from Schulich's MBA, Masters' and undergraduate programs received paid summer placements and helped small retailers move their businesses online at no cost.
Notable mention to the creation of two new courses, a Social Entrepreneurship Women In Leadership Strategic Consulting Project ENTR 4800; and a Virtual Mentorship Match – Entrepreneurship and Venture Capital ENTR 6960.
And finally the Executive Director of the new OIE, Chris Carder, will serve as Special Advisor on Innovation and Entrepreneurship to the Office of the President at York University.
Entrepreneurship is a great thing not only from a financial point of view but it gives people hope. Thanks to organizations like CAWEE and your constant support of our students continues to help give support to students like Ifunanya Kammelu.
Anne Caulfield, Financial Aid Officer
Student Services & International Relations
Schulich School of Business | YORK UNIVERSITY