MaRS Catalyst Fund leads seed-stage investment in Future Design School
Future Design School, an initiative that teaches creativity, innovation and design thinking to current and future business leaders, announced on October 13th that the program has closed a seed-stage financing round, with MaRS Catalyst Fund as the lead investor.
Founded in 2015 by Canadian entrepreneur Sarah Prevette, Toronto-based Future Design School provides immersive educational programs for students, teachers and business professionals that aim to foster innovation and entrepreneurship.
“We’re thrilled to have partnered with investors who share our vision and are enthusiastic about our strategy for expanding our programming across North America. Participants in our programs develop incredible innovation skills and we’re looking forward to working in many more communities in 2017” say Sarah Prevette.
Future Design School is the first business to receive investment from MaRS Catalyst Fund, which is backed by Sir Richard Branson’s foundation, Virgin Unite, and invests only in early-stage businesses that are helping drive social progress.
“FDS has a strong business model and we see high growth potential in the company”, adds Kathryn Wortsman, Fund Manager, MaRS Catalyst Fund. “It also takes its social mission very seriously, empowering young people with an entrepreneurial mindset that will ultimately help solve significant social problems and create meaningful employment.”