Peterborough's Innovation Cluster is launching a Graduate Program for alumni of Fleming College and Trent University. Graduates hired by Innovation Cluster startups will now be provided free office space in order to further employment opportunities.
The Graduate Program was created in partnership between the Innovation Cluster, Fleming College and Trent University as an incentive that promotes the growth of entrepreneurship, employment and student opportunities in Peterborough.
“Fleming College and Trent University does a great job at bringing in National and International students,” says Michael Skinner, President & CEO of the Innovation Cluster. “We hope this program will retain this talent in our region.”
The launched program promotes startup companies located in The Cube incubator to hire locally through Fleming College and Trent University alumni, to increase both employment rates for Peterborough’s educational institutions as well as reduce cost for incubated startups.
Currently, startup founders pay a monthly fee of $100 per desk space per employee. This is still the case, however those with current employees who are Trent and Fleming graduates will not incur a fee for desk space, along with future alumni employees hired. Founders accepted into the program through the application process receive complimentary space to ensure that money is put to good use.
Multiple companies within the Cluster who have grown their team by hiring local graduates have been able to reach new milestones with the aid from their employees.
Andrew Revoy is a Trent University graduate and Senior Project Manager of startup company Kavtek, a client of the Innovation Cluster. Within four months of launching, Kavtek rapidly grew their team to keep up with the growth of their company, hiring software and project positions including Revoy, who says Trent University helped prepare for his employment.
“I'm really glad to be working at the exciting tech startup Kavtek here in Peterborough!” says Revoy. “I've always been interested in technology and business, which is why I studied Computer Science and Marketing & Entrepreneurship at Trent University. My degree in Computer Science gave me valuable skills which helped me stand out and the Marketing and Entrepreneurship Post Grad Certificate gave me the tools and an internship which allowed me to get started in my new career.”