One of the defining features of UNB Saint John’s Faculty of Business is the direct engagement of its students and faculty in the community in all its dimensions, ranging from the local to the global. BBA, BAM and MBA students have opportunities for experiential learning built into their core programs.
UNB Saint John’s CEWIL-accredited BBA Coop Program and MBA Business Consulting Project offer further hands-on work experience and professional development to our students.
The Faculty of Business is also committed to working with local industry and aiding New Brunswick’s economic development efforts. In collaboration with Economic Development Greater Saint John, Dan Doiron and Greg Fleet developed the Venture Validation Program, a thirteen-week training program for local entrepreneurs run three times a year. Professors Doiron and Fleet also serve as mentors to participants, meeting with the group weekly.
This is an applied learning course, built to move emerging entrepreneurs from idea to launch. Participants learn how to: create a value proposition; identify their customers and competition; clarify startup and operation costs; define the market opportunity; and create a business model.
At the same time, Professors Doiron and Fleet are studying the effectiveness of this type of training for entrepreneurs in terms of generating and sustaining new businesses in the area. The VVP was specifically designed to help local entrepreneurs understand if their idea represented a good opportunity and to be able to articulate that value.
Of the 22 participants who completed the program in its first three offerings, 13 successfully started their businesses, a success rate of 59 percent overall. Analysis of the first three cohorts of trainees found that all participants expressed growing confidence in their own abilities as entrepreneurs and in their future business opportunities.
Our faculty are also active volunteers in their community, serving on the boards of several community organizations and as advisors to various local economic and social development initiatives.
Our students and faculty members are contributing their time, energy and expertise to the greater Saint John community. Want to work together? Contact us.