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Mount Royal University (MRU), located in Calgary, Alberta, Canada, is known for its commitment to providing a high-quality education and actively engaging with the community. Since its founding in 1910, MRU has evolved from a small college into a comprehensive institution with a diverse array of faculties, including arts, business, communications, and health studies. MRU is dedicated to fostering innovation and research while maintaining an emphasis on teaching and learning. One of the key ways MRU supports innovation and community engagement is through grants and funding opportunities that benefit businesses and non-profit organizations. MRU recognizes the importance of collaborating with external stakeholders to address real-world challenges and promote sustainable economic development. As such, the university offers various avenues for local businesses and non-profits to access funding, resources, and expertise. The Institute for Innovation and Entrepreneurship at MRU plays a significant role in facilitating opportunities for businesses and non-profits. This institute is dedicated to nurturing entrepreneurial thinking and supporting innovative projects that have the potential to make a meaningful impact. Through its programs, the institute offers funding, mentorship, and access to a wide network of entrepreneurs and industry experts. One notable program is the LaunchPad program, which provides funding and support to students, alumni, and faculty who are looking to turn their innovative ideas into viable businesses. While primarily focused on individuals associated with the university, the program also opens channels for collaboration with external businesses and non-profits who can take part in mentoring, partnership, or investment opportunities. The program provides grants, workshops, and networking events to help burgeoning entrepreneurs gain the skills and resources needed to succeed. In addition to LaunchPad, MRU partners with government agencies, private sector partners, and non-profit organizations to create more collaborative funding opportunities. These partnerships often result in grant programs specifically designed to address the needs of the community or specific industries. These collaborative grants can support research projects, pilot programs, and social innovation initiatives that align with MRU's mission and values. MRU also has a strong emphasis on research, offering various funding opportunities to support research endeavors that can directly or indirectly benefit businesses and non-profits. The Office of Research, Scholarship, and Community Engagement at MRU is committed to facilitating research collaborations and providing the necessary infrastructure to support applied research. Through its efforts, the university helps bridge the gap between academia and industry, encouraging partnerships that lead to practical applications and solutions. For non-profits, MRU leverages its community service and volunteer programs, encouraging students to engage with local organizations through internships and service projects that can often include financial support or in-kind contributions from the university. While MRU is not a direct funding body for every external business or non-profit, its programs and partnerships create synergies that indirectly benefit these entities. By promoting innovation, providing entrepreneurial support, and facilitating research partnerships, MRU plays a critical role in strengthening the economic and social fabric of the Calgary region and beyond. Through its commitment to being more than just an educational institution, MRU exemplifies how universities can actively contribute to the broader community through meaningful collaborations and strategic funding initiatives.