At The Pivotal Point, we believe incubators are living, growing things. Not simply a room designated for free thinking or a Petri dish observed from the outside – to us, an incubator is a truly innovative space, built and nurtured with support, collaboration and community. In fact, community is key. Set up effectively, incubators become a community – a place where entrepreneurs work side by side and also work together to collaborate, exchange ideas and support each other. The role of the incubator is not only to encourage this interaction and collaboration, but to enhance it by reaching out to other incubators and organizations to create an expanded, holistic community focussed on supporting innovation and entrepreneurial endeavours.
There isn’t an organization that wouldn’t benefit from new thinking. Big business and government, certainly. But also wherever fresh ideas have a chance to come to light. Even at the earliest stage – namely, our grade schools – there is an opportunity to encourage young minds to think independently, to work collectively, and make impactful change within their school, in the playground or in the larger community.
In a digital world, innovation has become our most-valued commodity. The Pivotal Point was inspired by this new reality – and the realization that the type of environment created at the DMZ at Ryerson University is needed everywhere. Whether it’s called an incubator, innovation centre or a community centre, our schools, cities and businesses have the opportunity to become places that support entrepreneurial thinking by building spaces that encourage collision, collaboration, experimentation and inventiveness.