Alumni startups
240
Total investments
258
Successful exits
22
About the program
The Velocity Fund is a grant program for startups that offers $390,000 in equity-free funding each year to local startups through its Velocity Fund $25K and Velocity Fund $5K programs at the University of Waterloo. The Velocity Garage incubator is home base to 75+ early-stage startups building technology-based businesses in the heart of Waterloo Region. Velocity Start is workspace on-campus at the University of Waterloo for people who want to learn about entrepreneurship and collaborate with like-minded people. Resources include lounge and workspace, booking space, weekly workshops, and startup coaching. Velocity Science is a partnership between Velocity and the University of Waterloo Faculty of Science, providing students interested in building a science startup with the right tools and resources to initiate and develop world-class science companies. The Velocity Residence provides aspiring entrepreneurs living in Waterloo Residences with the opportunity to collaborate and work on projects they are passionate about.
Location
Program details
Velocity supports founders during the riskiest and earliest time of business building. 15 years of experience helped us hone on the most effective ingredients for success: supplying founders with connections, practical and authentic business expertise, product development know-how, space to build a team and develop products cost-effectively, and risk-tolerant capital.
Investment offer
We accelerate early-stage, pre-seed tech startups.