As part of the Youth Jobs Strategy, the Ontario Government has announced funding for Campus-Linked Accelerators (CLAs) and On-Campus Entrepreneurship Activities (OCEAs) to facilitate the development of entrepreneurial activity in Ontario's universities and colleges. CLAs and OCEAs will be an important step in the evolution of Ontario’s entrepreneurship and innovation ecosystem.
The On-Campus Entrepreneurship Activities (OCEA) program facilitates the development of entrepreneurial activity in Ontario's universities and colleges. The program supports the initiation and expansion of on-campus entrepreneurship capacity in institutions that have demonstrated and/or are willing to make strong commitments to entrepreneurship by fostering the adoption of global best practices in student entrepreneurship; reducing barriers for student and recent graduate entrepreneurs to pursue their entrepreneurial aspirations; integrating with regional business support resources; and providing experiential learning opportunities for the next generation of innovators. It helps student entrepreneurs transfer knowledge and intellectual property from Ontario post-secondary research institutions into the economy. OCEA funding is intended to ignite and build on entrepreneurial activities on campuses.