Founder-focus with no strings attached.

Be surrounded by a community of driven founders just like you, all in the critical early stages of business building. Our one-of-a-kind space, resources, network are designed to make you go further, faster. This is where founders build companies that scale and make a massive impact. And the best part? We take no equity.
Apply now

Space to
build your products

A busy networking event at the University of Waterloo's Velocity space, with people seated at tables and engaged in discussions. Groups of individuals, some standing and others sitting, interact in a bright, open room with large windows. The University of Waterloo and Velocity logos are visible on the wall in the background.
A modern open-office workspace with multiple desks lined up in rows, occupied by people working at computers. The ceiling features exposed pipes, ducts, and lighting fixtures, giving the room an industrial look. Large windows along one side bring in natural light, while whiteboards and partitions create a semi-private environment. The space has a minimalist design with a focus on functionality.
People working in the lab
A busy networking event at the University of Waterloo's Velocity space, with people seated at tables and engaged in discussions. Groups of individuals, some standing and others sitting, interact in a bright, open room with large windows. The University of Waterloo and Velocity logos are visible on the wall in the background.
People working in the lab
Person working in the hardware workshop room

Office

Enjoy offices designed for collaboration and extended working hours. Complete with the amenities and atmosphere of a modern tech office. 45,000 square feet abuzz with startups like yours creating the future.

Hardware

Make use of a range of resources, including laser cutters, 3D printers, electronic test equipment, and a well-equipped workshop. Get integrated into Kitchener-Waterloo’s community of builders. Prototype, assemble, ship and grow.

Labs

Get access to our world class lab with more than $1.5 million worth of analytical and testing equipment, and dedicated benches for your company. This space has been designed to be flexible. Whether you’re working on advanced materials, biotechnology, medical devices, or anything else, we have you covered.

Community of founders

Join a community that inspires innovation, creativity, and curiosity. Current founders learn from peers 0 to 18 months ahead and gain insights from experienced founders' growth mindset. Founders have access to a network of founders and startups that have launched from Velocity.

Professional Network

Whether you’re looking for capital, service providers, or customers, if we’re not connected to the people you need to talk to, we’ll tap our network to find you an intro. It’s not what you know… it is who you know. And now you know everyone we do!

Coaches who've been there

Our advisors bring industry-specific expertise across diverse sectors and, most importantly, have been in your shoes. Get empathetic and tailored advice based on where you are and what you need.

Equity, Diversity and Inclusion

We are dedicated to fostering an inclusive and connected community. Diverse experiences and perspectives enhance our collective efforts, and we support and challenge each other to enrich everyone's entrepreneurial journey. As part of Waterloo Ventures, we commit to driving inclusive innovation. Read how we will do this.

FAQs

"Velocity has been an invaluable partner in Evercloak’s startup journey. Their support in the early stages, when we were just a team of two, enabled us to quickly identify customer needs and validate key assumptions, saving us significant time and resources. With Velocity’s backing, we’ve been able to grow faster and smarter, setting the foundation for Evercloak's long-term success to disrupt how we cool buildings without further warming the planet."
Founder photo
Evelyn Allen
CEO & Co-founder, Evercloak
“Velocity is a wonderful opportunity to bring the ideas to life. The prototyping tools and additive manufacturing equipment and machine shop facilities pave the path to proof of concept. The in-kind resources available are invaluable and the advisory on different aspects of business growth plays an important role in the future success of the ventures.”
Founder photo
Atefeh Zarabadi
CEO & Co-Founder, AiimSense
“Velocity has significantly invested in building an environment in which early stage technology companies can achieve rapid growth and success.”
Founder photo
Tim Lasswell
CEO and Co-Founder, Cobionix