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

• 💰Financial Support
  Each grant is worth CAD 10,000 in non-dilutive funding
• 🛡️ Unconditional Funding
  No equity return required
• 📈Early-stage Support
  Helps alleviate early-stage financial pressure
• 🚀Project Development
  Focus on achieving early revenue and securing the next round of funding
• 🌐Network Access
  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
• Preference for those who completed the Velocity summer accelerator program

Participation Commitments

• N/A

Target Region

Canada

Target Sector

All Industries