Carleton Univ cancels Foundry Program

Carleton Univ's Foundry Program has been cancelled after 12 years. The program — designed to provide students with entrepreneurial and commercialization training and assistance in creating tech-based businesses — was operated out of the university's technology transfer office with support from the office of the VP research. The university is defending the decision to end the Foundry Program. It cites the emergence of similar training and internship programs since the Foundry Program was established in 1999, such as Carleton's Talent First Program, MITACS Accelerate and the Engage program of the Natural Sciences and Engineering Research Council. Carleton is planning to roll out a new suite of research and innovation programs for undergraduate students in 2011....