���˴�Ƭ

Innovation and entrepreneurship programming at Queen’s University has received support from distinguished alumni.

The Dunin Foundation – established by Andrew Dunin, Sc’83, MBA’87, and his wife Anne Dunin, Artsci’83 – and Gururaj “Desh” Deshpande, PhD’79, and his wife Jaishree Deshpande jointly have provided a significant gift to Queen’s Innovation Connector. In recognition of this support, the university-wide initiative to support student innovation and entrepreneurship will now be known as the Dunin-Deshpande Queen’s Innovation Centre.

“Queen’s is grateful for the philanthropic support from The Dunin Foundation and Gururaj and Jaishree Deshpande,” says Daniel Woolf, Queen’s Principal and Vice-Chancellor. “This investment will allow the university to expand its innovation programming for students and position Queen’s as an innovation hub for attracting, supporting, and retaining the next generation of innovators and entrepreneurs in both the local region and beyond.”

With the expendable gifts, the Dunin-Deshpande Queen’s Innovation Centre will launch new programs and resources for students over the next five years. The support builds on the investments that the university, the federal and provincial governments, and a number of benefactors have made in this area over the past several years. Most recently, construction began on the new on campus that will include an Innovation Hub centred around the Dunin-Deshpande Queen’s Innovation Centre.

“Since our founding several years ago, we have encouraged, enabled, and supported the innovation activities of student, professors, entrepreneurs, and Canadian companies,” says Greg Bavington, Executive Director, Dunin-Deshpande Queen’s Innovation Centre. “With the generous support of the Dunins and the Deshpandes, we will move beyond the lean start-up phase of this initiative and rapidly increase Queen’s capacity to drive innovation and entrepreneurship across the region.”

Mr. Dunin graduated from Queen’s with a bachelor’s degree in chemical engineering in 1983 and an MBA in 1987. He invested in his own automotive parts business in 1989 and grew the company from 50 employees in one location to more than 2,000 employees in 12 locations throughout North America.

After selling the business – one of the largest private equity transactions in Canadian history – Mr. Dunin went on to invest in a variety of businesses through Bracebridge Investments, as well as other causes through The Dunin Foundation.

“The Dunin Foundation is very proud to sponsor Queen’s commitment to incorporating entrepreneurship into the core culture of the university,” Mr. Dunin says. “As a result of this commitment, the university will provide dedicated facilities, curriculum, seed capital, and global experience and leadership to help all students from the university and the surrounding communities innovate and build new businesses. Students and graduates will be creating jobs not just taking jobs.”

Dr. Deshpande is an accomplished entrepreneur, starting and investing in several highly successful companies. After earning his PhD in electrical engineering from Queen’s in 1979, Dr. Deshpande built a successful business career as an investor and entrepreneur. He is best known for co-founding Internet equipment manufacturers Cascade Communications and Sycamore Networks.

Dr. Deshpande and Mrs. Deshpande co-founded the Deshpande Foundation in 1996 to encourage the use of entrepreneurship and innovation as catalyst for sustainable change in Canada, the United States, and India.

“Universities will play a different and an important role in the 21st century; they have to be relevant to the world and have both social and economic impact,” says Dr. Deshpande. “I am pleased that Queen’s University is taking a lead to make innovation and entrepreneurship be a part of its DNA and redefine the role of universities in Canada.”