Thanks to a gift from the National Bank, HEC Montréal is creating the Institute for Entrepreneurship National Bank | HEC

Thanks to a gift from the National Bank, HEC Montréal is creating the 
Institute for Entrepreneurship National Bank | HEC Montréal 
MONTREAL, Oct. 31, 2013 /CNW Telbec/ - HEC Montréal is pleased to announce 
the creation of the Institute for Entrepreneurship National Bank | HEC 
Montréal, thanks to a $10million donation announced last January by the 
National Bank as part of the Campus Montréal fundraising campaign. 
The Institute, to be devoted to entrepreneurship, entrepreneurial takeovers 
and business families, will give students from the Campus Montréal 
institutions (HEC Montréal, Polytechnique Montréal and Université de 
Montréal) and the business community access to tools and the opportunity to 
attend events to encourage and support the creation and takeovers of 
businesses, by helping to develop innovative entrepreneurs. The Institute will 
offer activities revolving around education, research, spinoffs and 
networking, as well as training. 
"The National Bank has supported the growth and success of local businesses' 
since it was founded more than 150 years ago. So it was a natural step for us 
to join with HEC Montréal to create this Institute," explains LouisVachon, 
President and Chief Executive Officer of National Bank. "Starting from our 
combined strengths, we can do more to help develop people and their talents. 
This is essential to a dynamic entrepreneurial culture in Quebec." 
"The Institute for Entrepreneurship National Bank | HEC Montréal confirms the 
key role of the university community in creating and transferring knowledge 
regarding entrepreneurial management," agrees HEC Montréal Director Michel 
Patry. "Together, the National Bank and HEC Montréal are building an 
institute of entrepreneurship that has no equivalent in Canada." 
An Institute at the heart of entrepreneurial growth 
The Institute for Entrepreneurship National Bank | HEC Montréal will have 
four roles: 
1. An observatory of Quebec entrepreneurial trends and good 

     practices. The goal of the Observatory is to serve as a platform
     for discussion and sharing information, for everyone interested in
     issues related to entrepreneurship, SMBs and family businesses.
     The Observatory is intended to become a key source of statistics,
     information and knowledge. In keeping with this ambition, the
     Observatory will be associated with the Fondation de
     l'entrepreneurship to produce and share new data, drawing on the
     complementary expertise of the two institutions.

  2. An idea accelerator. This aspect of the Institute will be of
     interest mainly to undergraduate students enrolled in the very
     promising Rémi Marcoux Entrepreneurship Track, which focuses on
     business creation, takeovers and the growth of family businesses.
     The accelerator will offer personalized support and mentorship by
     experienced businesspeople. In addition, students will receive
     financial support.

  3. A centre for knowledge transfer and customized training. The
     Institute will offer seminars on the themes of entrepreneurship,
     entrepreneurial takeovers and managing family businesses. In
     addition, training given by HEC Montréal faculty and experienced
     businesspeople will provide valuable tools for entrepreneurs,
     potential successors and other professionals concerned. Case
     studies, presentations and first-hand accounts by business leaders
     will give participants a chance to draw on real-life business
     situations and develop skills they can apply immediately in their
     professional lives.

  4. A networking and event space. The Institute will organize many
     public activities, from symposia to networking opportunities and a
     competition for new entrepreneurs, Les Médaillés de la relève. All
     these events will be opportunities for students, faculty and
     entrepreneurs to forge bonds and discuss common interests in a
     comfortable atmosphere, while encouraging the development of a
     culture of entrepreneurship.

"Entrepreneurial initiatives will no longer be limited to a select few," says 
Luis Cisneros, Associate Professor with the Department of Management at HEC 
Montréal and Director of the Institute for Entrepreneurship National Bank | 
HEC Montréal. "The Institute will offer new training and nourish and share 
knowledge in this field, as well as creating bonds among students, faculty and 
entrepreneurs. By bringing together in one place all the players needed to 
develop creative start-ups and entrepreneurial takeovers, this ecosystem we 
are creating will provide an ideal setting to address the entrepreneurial 
challenges of today and tomorrow."

About National Bank of Canada
With $187 billion in assets as at July 31, 2013, National Bank of Canada 
(, together with its subsidiaries, forms one of Canada's leading 
integrated financial groups, and was named among the 20 strongest banks in the 
world by Bloomberg Markets magazine. The Bank has close to 20,000 employees 
and is widely recognized as a top employer. Its securities are listed on the 
Toronto Stock Exchange (TSX: NA). Follow the Bank's activities via social 
media and learn more about its extensive community involvement at and

About HEC Montréal
A world-class French-language business school with an emphasis on multilingual 
teaching, HEC Montréal has over 12,000 students and trains more than 7,000 
executives and managers from all industries every year. The School holds 
numerous accreditations and offers some 40 academic programs at all levels of 
university education. With 280 professors and researchers trained at the 
world's most prestigious universities, HEC Montréal boasts cutting-edge 
management teaching and research. Some fifty research units, including 25 
chairs—7 of them Canada Research Chairs—give the School its reputation for 
innovation, attracting students from close to 140 countries. HEC Montréal was 
Canada's first business school and has trained over 71,000 students in all 
fields of management since its founding in 1907. | Facebook | Twitter | 

About Campus Montréal
Campus Montréal is the umbrella organization bringing together HEC Montréal, 
Polytechnique Montréal and Université de Montréal for a joint fundraising 
campaign. These three institutions make up the biggest Francophone university 
complex in the world, and the leading centre of university research in Canada. 
The institutions that make up Campus Montréal are in the top one per cent of 
the world's best universities. John Parisella is Executive Director of the 
Campus Montréal major fundraising campaign, with Louise Arbour, Hélène 
Desmarais, Geoffrey Molson, Michael Sabia and Thierry Vandal serving as 
co-chairs. With a goal of $500 million, this is the most ambitious fundraising 
campaign ever launched by French-language university institutions. To date, 
the Campus Montréal major campaign has raised over $200 million.

SOURCE  HEC Montreal 
National Bank of Canada: Claude Breton, Assistant Vice-President, Public 
Affairs, 514394-8644 
HEC Montréal: Marc Tulin, Public Relations Adviser, 514340-6298 
To view this news release in HTML formatting, please use the following URL: 
CO: National Bank of Canada
ST: Quebec
-0- Oct/31/2013 15:01 GMT
Press spacebar to pause and continue. Press esc to stop.