Two $40,000 prizes announced for Capstone Design

Friday, January 24, 2014

Brigette Lau (BASc, CompE, 1999) and Chamath Palihapitiya (BASc, ElectE, 1999) partners of The Social + Capital Partnership in Palo Alto, CA, returned to campus on January 23 to announce two new prizes of $40,000 each for Capstone Design in Electrical and Computer Engineering.

New fund supportsÌýECE Capstone DesignÌý³Ù±ð²¹³¾²õ

With the announcement of the newÌýPalihapitiyaÌýLauÌýECEÌýVenture Creation Fund, twoÌýECEÌýstudent teams will be selected to receiveÌý$40,000 towards their fourth yearÌýCapstone DesignÌý±è°ù´ÇÂá±ð³¦³Ù²õ.ÌýÌýThe ne2015w program integrates the fourth-year mandatory Capstone Design project inÌýElectrical and Computer EngineeringÌý(ECE)Ìýwith curriculum embedded entrepreneurship training. Ìý

The awards include $6,000 per student in support of living expenses, to a maximum of four students, and $16,000 for expenses related to project development.

2012 ECE Capstone Design Symposium
In addition to financial support, the award recipients will receive industry mentorship as part of an entrepreneurial work term. With the option of completing their September 2015 co-op term in Silicon Valley, Toronto or À¶Ý®ÊÓÆµ, teams will refine their design projects and business plans while benefiting from industry mentorship and networking. Ìý

Capstone Design

Students at 2012 ECE Capstone design symposium
Capstone is "entrepreneurial by design" fostering the entrepreneurial spirit that embodies À¶Ý®ÊÓÆµ Engineering -- an appetite for real-world problem solving, a willingness to test new ideas and the joy of shared invention.

Supported by numerous awards,ÌýCapstone Design provides À¶Ý®ÊÓÆµ Engineering students with the unique opportunity to conceptualize and design a project related to their chosen discipline.Ìý

Ground-breaking ideas leading to the creation of Athos, BufferBox, Intellijoint HIP, Myo armband and the Pebble smartwatch had their genesis in Capstone Design.

Brigette and Chamath
About ChamathÌýPalihapitiya and Brigette Lau

Chamath Palihapitiya (BASc, Electrical Engineering, 1999) and his wife, Brigette Lau (BASc Computer Engineering, 1999) are partners of The Social+Capital Partnership, a venture capital fund based in Palo Alto, CA investing in breakthrough companies in education, healthcare, financial services, mobile and enterprise software.

ChamathÌýwas the longest tenured member of Facebook's executive team and is widely credited for driving its user base to over one billion.Ìý