Velocity is a leading entrepreneurship program at the University of Waterloo that has helped more than 215 companies start and grow, raising $550 million in funding, and creating 1,700+ jobs. From idea, to product development, to commercialization, Velocity provides the knowledge, tools, space and network that entrepreneurs need to solve important global problems and become successful businesses. Velocity programs include the Velocity Garage, the largest free startup incubator in the world at 37,000 square feet, which offers rent and equity-free workspace, equipment, mentorship, and a vibrant startup community; the Velocity Fund Finals, Canada’s premiere pitch competition, is held every four months and awards $375,000 in grants a year; Velocity Start hosts weekly entrepreneurship workshops and coaching; Velocity Residence is a dorm for student entrepreneurs; Velocity Science provides the lab space, resources, and guidance needed to develop world-class science companies. Notable Velocity alumni include Kik, Thalmic Labs, Vidyard, Sortable, and Mappedin.
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