Velocity Momentum Grants

About

The Velocity Momentum Grants provide CAD 10,000 in non-dilutive funding to current students and recent graduates of the University of Waterloo who are actively engaged in entrepreneurship, helping them navigate early-stage financial challenges while connecting them with a vast network of resources and investors to accelerate their projects from the lab to the market.

Benefits

• Each grant is worth CAD 10,000
• Unconditional funding with no equity return required
• Helps entrepreneurs alleviate early-stage financial pressure
• Focus on project development, achieving early revenue, and securing the next round of funding
• Access to Velocity's extensive network for guidance, resources, and investor connections

Eligibility Criteria

• Must be a current student or recent graduate of the University of Waterloo
• Must actively participate in Velocity entrepreneurship programs
• Preference for recent graduates fully committed to entrepreneurship and those who completed the Velocity summer accelerator program