Creative Destruction Lab (CDL) is a prominent seed-stage program that was founded in 2012 by Professor Ajay Agrawal at the Rotman School of Management in Toronto, Canada. Its mission is to accelerate the commercialization of science and technology-based startups, helping them achieve significant commercial success. Over the years, CDL has expanded to include locations in major cities worldwide, fostering an entrepreneurial environment that has supported over 2,300 companies and created an estimated equity value exceeding $24 billion. The lab focuses on various sectors, including health, energy, and climate, providing startups with the necessary mentorship and resources to thrive.

The program is distinguished by its unique educational model, which pairs MBA students from partner institutions with startups, enabling students to work as business consultants while gaining hands-on experience. CDL not only nurtures the entrepreneurial spirit but also emphasizes collaboration with industry experts and potential investors. Participants are guided through a structured program that helps refine their business strategies, develop financial models, and prioritize goals effectively. CDL's initiatives have proven instrumental in bridging the gap between scientific innovation and market readiness, making it a vital contributor to the startup ecosystem