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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 program for startups and aspiring entrepreneurs to win funding through competitions held three times per year with four $25K grants for the best companies who are current students or recent alumni who have graduated within the past year.

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What Every Entrepreneur Should Know About Financing Right Now

Over the past few years, we have seen an explosion of startup activity as the traditional barriers to entry have come down. The ability to raise money no longer determines one’s fate. With lowered costs to build and run websites, acquire and retain users, virtually anybody can pick up coding and start a tech company.

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