Sobey School News
Sobey School Entrepreneur Arsenault Will Compete in Cape Town
Date Published: January 23, 2020
Ashored partners Aaron Stephenson, Ross Arsenault and Max Poole. Photo: Entrevestor
Ross Arsenault, BComm '18, won the National EO Global Student Entrepreneur Awards in Toronto. The prize includes $10,000 and a trip to Cape Town, South Africa where he will compete for the global title.
In November, Ross Arsenault, now an MTEI student, was named the local winner. Arsenault is a co-founder of Ashored and is developing sustainability-enabled technologies to modernize trap fisheries. Annually, 640,000 tons of fishing gear is lost and becomes ocean waste, resulting in 140,000 deaths of protected species annually. Ashored is developing a ropeless fishing system to minimize the risk of whale/animal entanglement and trap loss, while allowing fishers to fish in zones closed to fixed-gear fishing.
“Starting/running a business while still being a student definitely isn’t the easiest at times, but it’s benefitted Ashored as a company in countless ways!” said Arsenault upon his regionals win in November.
GSEA is an Entrepreneurs’ Organization (EO) program. EO was founded in 1987 by a group of young entrepreneurs. With over 10,000 members in 144 chapters in 48 countries throughout the world, they’ve enabled business owners to learn from each other to experience greater business success while forming strong professional and personal relationships. EO provides events, leadership development, a forum for online discussion, and educational opportunities with the goal of teaching, inspiring, and transforming entrepreneurs into active members of a global business community