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Creative Destruction Lab Review

2

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Very good

Revainrating 5 out of 5  
Rating 
4.9
Accelerators, Entrepreneurship Programs, University Programs

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Description of Creative Destruction Lab

The Creative Destruction Lab is a seed-stage program for massively scalable, science- and technology-based ventures. It employs a unique, objectives-focused coaching process to help founders commercialize advances in science and technology. The program pairs startups with exited entrepreneurs and star scientists in areas such artificial intelligence, quantum computing, healthcare, blockchain, energy, and cleantech. Founded at the Rotman School of Management at the University of Toronto, CDL now operates locations in six cities including Vancouver, Calgary, Toronto, Montreal, Halifax, and New York City.

Reviews

Global ratings 2
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Type of review

Revainrating 5 out of 5

Providing An Objective Based Program To Companies

Creative Destruction Lab is an organization that is established to help founders of diverse interest and goal achieve success in their pursuit. The organization was founded by Ajay Agrawal on 1st of August 2012 as a non-profitable organization at the University of Toronto, Canada. I observed that one of the key features of the organization is that, it offers a nine-months training course, which is primarily targeted at delivering an objective based program to science and technology based…

Pros
  • Helps founders achieve success in their entrepreneurship
  • Available in several locations across Canada, United States, and Europe
  • No participation fee
Cons
  • None

Revainrating 4 out of 5

Saving Ideas from Degeneration

Especially at a time when the world must unify to fight a common deadly enemy, it is necessitated as always, to glorify the fundamental of science that prioritizes the importance of sharing ideas. Some to-be-laudable discoveries had perished while some were left untapped due to limited and unpopular platforms that could transform a lab eureka to a critical commercial discourse aimed towards the advancement of science and technology. CDL with its free application and zero equity standout as an…

Pros
  • Encourages continuity of consummated ideas
  • Facilitates dissemination of information on new discoveries to the outside world
  • Enables exchange of ideas with other researchers in related fields
Cons
  • If mentors meet every eight weeks in Oxford, Toronto or Vancouver, this could only mean the NGO is quite exclusive.
  • Limited outlets to allow global integration