Sauder’s leadership fostering social innovation through business has been recognized by an internationally renowned award.

The Ashoka U-Cordes Innovation Award, which highlights international best practices that can be applied and replicated across the social venture sector, chose the Coast Capital Savings Innovation Hub at the Sauder School of Business Centre for Social Innovation & Impact Investing as one of six recipients for its prestigious award in 2015.

“It is a true honour to have the work that the Coast Capital Savings Innovation Hub does be recognized by leaders such as Ashoka,” said Joanna Buczkowska-McCumber, the director of social innovation at the Centre for Social Innovation & Impact Investing.

The Coast Capital Savings Innovation Hub is a dynamic one-year accelerator program that amplifies the growth of social ventures by connecting them to students, faculty and the business and social innovation community. The social impact goals from this year’s ventures range from providing doctors around the world with low-cost surgical drills to keeping Nicaraguan coffee growers employed year-round by cultivating a market for coffee leaf tea.

Buczkowska-McCumber says the award is also a testament to Sauder’s emphasis on promoting community engagement for student, faculty, and staff. “The school is bridging the gap between the university and the entrepreneurial and impact communities, while driving real change.”

Ashoka U co-founded the University Network for Social Entrepreneurship in 2005 and has been at the forefront of social innovation education ever since.

The awards will be presented at Ashoka U’s Exchange, a conference February 26 to 28 that will bring together 120 colleges and universities from across 30 countries.