Creative Destruction Lab (CDL), an international nonprofit organisation that supports seed-stage, science- and technology-based companies, has issued a call to action to entrepreneurs, economists, scientists, inventors, business leaders, and investors from around the world to cooperate in accelerating ideas to fight the current pandemic.
“Novel crises require novel responses,” said Ajay Agrawal, Professor at the University of Toronto’s Rotman School of Management and founder of the Creative Destruction Lab.
The organisation, which has a base at the University of Oxford’s Saïd Business School, has launched CDL Recovery – a new programme designed to rapidly transform technological innovations into useful products and services in the areas of public health (e.g., diagnostic tests, vaccines, remote treatments, telemedicine) and economic recovery (e.g. virtual work, retraining, remote operation, automation, food supply) in response to the global crisis.”
CDL Recovery is designed to anticipate and address some of the most pressing needs that will arise over the next six to eighteen months..
Applications for the program are open. All types of innovative teams may apply – startups, corporations, informal collaborations, sole inventors, social impact ventures, and not-for-profit initiatives. The
Founded in 2012 by Professor Ajay Agrawal at the Rotman School of Management at University of Toronto, Creative Destruction Lab (CDL) has expanded to eight sites across four countries: Oxford (Saïd Business School, University of Oxford), Paris (HEC Paris), Atlanta (Scheller College of Business, Georgia Institute of Technology), Vancouver (Sauder School of Business, University of British Columbia), Montreal (HEC Montréal), Calgary (Haskayne School of Business, University of Calgary), and Halifax (Rowe School of Business, Dalhousie University).