Who we are
Velocity is an incubator for early-stage, pre-seed tech startups.
We’ve combined startup expertise, tools, business advisory, and product development services in one program (and one amazing place—over 37,000 ft2!) to create a suite of extraordinary resources for exceptional founders.
Velocity began in 2008 as a “dorm-cubator” called Velocity Residence at the University of Waterloo.
In 2010, the Velocity Garage was created as a space dedicated to early-stage startups, working with both founders from the University of Waterloo and from across the globe.
Velocity is now widely recognized as the most productive university-linked incubator by investment in Canada.
About the Velocity Program
The Velocity Program is the signature entrepreneurship program at the University of Waterloo and offers:
- Velocity, our namesake incubator program for startups
- Concept, our pre-incubator program for students
The Velocity Program builds on the University of Waterloo’s competitive assets:
- strong academic training & talent output
- commercially experienced graduates with co-op work experience
- inventor owned and controlled IP policy
Along with funding from the University of Waterloo, we are supported by the Government of Canada, the Province of Ontario, the Region of Waterloo, the City of Waterloo, and the City of Kitchener.
The Velocity Program is grateful for all the support it has received since 2008.