Velocity

Velocity is a leading entrepreneurship program at the University of Waterloo and the largest free startup incubator in the world.

Velocity is a leading entrepreneurship program at the University of Waterloo and the largest free startup incubator in the world. From idea to product development to commercialization, Velocity provides the knowledge, tools, space and network that startups and entrepreneurs need for success. The Velocity Fund is a grant program for startups that offers $375,000 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 80+ 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, a makerspace with 3D printers and hand tools, startup coaching, and Problem Lab archives to help students identify big problems worth solving. 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 a unique opportunity for University of Waterloo students to live in an innovative and entrepreneurial environment right on campus. Students are given access to the latest technologies and the opportunity to learn from a great network of mentors and entrepreneurs.