Velocity supports founders, from idea to scale.
Turning founders into companies and students into founders.
At Velocity, early-stage founders receive connections, practical and authentic business expertise, a deeply supportive community, space to build a team and develop products, and risk-tolerant capital.
In parallel, on the Waterloo campus, Velocity engages entrepreneurially-curious students and researchers, supporting them as they discover new possibilities, form and validate ideas, build prototypes, and develop businesses.
Velocity helps build companies that scale, transform industries, and create greater wellbeing and prosperity.Learn more about Velocity
Faire helps independent entrepreneurs chase their dreams by building an online wholesale marketplace that connects local retailers with thousands of emerging and established brands.
Bridgit makes construction less complicated – from construction resource management to punch list management.
Nicoya creates the world’s first digital high-throughput benchtop SPR instrument, which is capable of accelerating drug discovery using a fraction of the sample volume traditionally required for biomolecular interaction analyses.
Evercloak’s low cost nanofilms and membranes provide breakthrough membrane dehumidification, which reduces the energy that air conditioners consume by more than 50%.
H2Nan0’s reusable, light-activated system destroys hard-to-treat contaminants such as petrochemicals, pharmaceuticals and dyes in industrial wastewater.
Velocity and the University of Waterloo
Waterloo is at the forefront of innovation, is home to transformational research and inspired learning and is Canada’s best university for startup founders (Pitchbook 2021). Since 2008, the Waterloo community fuels Velocity as we turn entrepreneurial spirit and innovation into extraordinary companies.
Through Velocity programs on the Waterloo campus, students, researchers and faculty can validate their ideas and develop business strategies through workshops, hackathons, networking, one-on-one coaching, grant funding competitions and more.
As they grow beyond Waterloo, our successes give back to the community, feeding the next generation of entrepreneurs, small business owners, and innovators.Explore programs Explore spaces
Bridging the gap between student to full-time entrepreneur
Beyond Velocity’s well-known incubator in Kitchener’s innovation district, Velocity supports more than 5,000 students per year through on-campus programs, such as Zero, Problem Lab and Cornerstone, designed to give University of Waterloo students an early start in entrepreneurship and create experiences to build key skills for any career path.
Looking back on a record year at Velocity
2021 was an incredible year for venture capital and tech. Canadian companies raised a collective $11.8B CAD by the end of Q3 2021, nearly three times the total raised in all of 2020.
New health tech innovation pipeline in Southwestern Ontario
Velocity, Western University, the City of Kitchener and Medical Innovation Xchange (MIX) are partnering to build a Southwestern Ontario Health Innovation network and will be supported by a $10-million grant from FedDev Ontario.
Innovation Arena comes to the Region of Waterloo
Velocity’s next era is marked by a new partnership between the City of Kitchener and the University of Waterloo.
Every term, Velocity hosts a variety of events for Waterloo students curious about entrepreneurship. From hackathons and pitch competitions to info sessions and 1-on-1 coaching, students can find support at every stage of their journey.