Memorial University has received a $500K donation from the Woodward Family to enhance student entrepreneurship. Specifically, the funds will be used to expand the Mel Woodward Cup student startup competition. Memorial explained that the cup has awarded over $350K over its 10-year history, and the new donation will sustain the competition in the coming years. “We recognize that it’s important to keep the value of the prize given time and inflation erosion. To perpetuate the stimulus to students, we felt the need to add to the principle,” explained donor Peter Woodward.
Memorial
| NTV
