Velocity is a leading entrepreneurship program at the University of Waterloo and the largest free startup incubator in North America. From idea to product development to commercialization, Velocity provides the knowledge, tools, space and network that startups and entrepreneurs need for success. The Velocity program includes a student dorm, workspaces in Waterloo region, events, mentor programs and more.

Accelerators & Incubators

News on Velocity

Velocity Garage Director Mike Kirkup Leaves for Fintech Startup
After four years of working to create "the best place in the world to build a startup," director Mike Kirkup is leaving Velocity. "I truly love the team we have built at Velocity and will miss... more
Canadian Startup Pout Acquired by Silicon Valley's Everalbum
Everalbum has acquired Waterloo's Pout, a provider of mobile experiences in the photo space. According to Everalbum cofounder Andrew Dudum, the acquisition is part of a company wide effort to... more
Six Canadian Accelerators Join Microsoft BizSpark Plus Program
L-Spark, a Canadian accelerator focused on enterprise SaaS and cloud startups, announced today that it has been selected by Microsoft as one of the Canadian accelerators to be part of the newly... more
Bartesian Wants to 'Liberate Cocktails,' Sees Strong Start to Crowdfunding Campaign
Bartesian is a hardware project out of Waterloo. The startup is seeking $100,000 to build a household machine that creates cocktails, not like pod-based coffeemakers. Hipsters and purists will... more
Velocity Fund Flourishes and Continues to Fund Student Startups
The University of Waterloo's Velocity Fund was established in 2011 following a donation of $1 million by Kik founder and Velocity Residence alumnus Ted Livingston. The Velocity Fund is a grant... more
Q&A With PiinPoint CEO Jim Robeson, Waterloo Region’s Latest YC Grad
PiinPoint knows location and patterns are the keys to retail success. The team announced Monday that they are now backed by Y Combinator, and that they have raised additional investment. They will... more
Angel Investor Donates $1 Million to Velocity at the University of Waterloo
Entrepreneur and angel investor, Mike Stork, is giving back to the Waterloo Region startup community with a generous donation of $1 million to Velocity at the University of Waterloo. The donation... more
Velocity Startup PiinPoint Announces Y Combinator Backing
PiinPoint has received funding from Y Combinator after becoming the seventh Waterloo Region startup to complete the prestigious California-based accelerator program. On top of gaining YC... more
10 Canadian Startups Competing for a Share of $100,000 from Velocity in Waterloo
University of Waterloo startup incubator Velocity has unveiled 10 finalists who will compete for their share of $100,000 in grant funding at the Velocity Fund Finals on Thursday, March 27. The... more
Startups from Waterloo's Velocity Incubator Have Raised $100 Million in Five Years
The University of Waterloo's Velocity startup incubator today revealed that companies in the program have raised more than $100 million in funding. That number comes five years after the program... more
University of Waterloo Unveils Winter 2014 Cohort of Startups for Velocity Garage
There are 35 new startups at the University of Waterloo's Velocity Garage workspace in downtown Kitchener for the winter 2014 term. “Demand for Velocity workspace continues to grow each... more
VeloCity Introduces 30 Startups for Fall 2013
A health monitoring armband, highly scalable transparent energy-efficient electronic display technology, and an online planning tool for teachers are among the many innovations emerging from... more
Canadian Startup Polychart Helps People Understand Their Data
Toronto-based startup Polychart is working towards the release of the second version of their product that helps Software as a Service (SaaS) companies visualize and communicate big data to their... more
What's in Your Water, Waterloo? Startup Legend Praises Canadian City's Entrepreneurs
Waterloo has made a name for itself on a global scale by punching well above its weight class. Despite a small population, the scrappy city has been recognized one of the world's best startup... more
Canadian Startup Lands in Y Combinator Winter 2013 Cohort
Last month startup accelerator Y Combinator announced that they would be cutting down the size of their winter 2013 cohort after their summer 2012 class crept up to a whopping 84 companies.... more
VeloCity Campus Launches with a Bang at University of Waterloo
Entrepreneurs, you asked and we heard. VeloCity, originally a Residence program at the University of Waterloo, has evolved and grown immensely in the last year with the launch of two additional... more
Dorm Rooms and a Garage are Launching Some of the Best in Startups
How many times have you heard or read the phrase "student startup" in the past year? Since Facebook established a reputation for being started in a dorm, this phrase... more
Announcing the Four VeloCity Venture Fund Winners
Yesterday afternoon at the University of Waterloo, mobile and media incubator VeloCity awarded 4 startups $25,000 each as part of their VeloCity Venture Fund (VVF). There were 66 applications to... more
Check Out This Totally Unassuming House in Waterloo That's Secretly Incubating Significant Startups
There is nothing extraordinary about the Batavia House. On the outside, anyway. But inside the six-bedroom bungalow on Batavia Place, it's all about the extraordinary. Financial Post Tech Desk... more
VeloCity hits 2012 running with new Director and EiR
VeloCity, the University of Waterloo’s innovative student startup incubator program, announced today the appointment of two new members to its team. Mike Kirkup is the new Director and Brett... more
VeloCity Venture Fund awards $100,000 to student-born startups at the University of Waterloo
Last week the VeloCity Venture Fund awarded $100,000 to the best student-founded startups at the University of Waterloo. From VeloCity's blog: It was certainly a difficult decision... more
Kik's Ted Livingston sparks VeloCity funding contest for Waterloo students
Thanks to a donation made by VeloCity alumni and instant messaging app Kik founder Ted Livingston, University of Waterloo students will have the opportunity to compete in a contest offering $25,000... more
Kik Founder donates $1 Million to University of Waterloo's VeloCity program
The University of Waterloo announced this morning that they have received a $1 Million donation from high tech entrepreneur Ted Livingston to support its students' business startup ambitions.... more
Spring has sprung at Waterloo's VeloCity
Great piece titled Boot camp aimed at high-tech start-ups in Today's Financial post about the VeloCity Program at the University of Waterloo. Writer Karen Mazurkewich spends some time with Eric... more

Waterloo, ON, Canada
Waterloo, Ontario, Canada