The world's largest free startup incubator, having launched 400+ companies whose founders raised $3.6B+ combined.
Why this could be a strong fit
A strong fit for idea to seed-stage General founders building out of Waterloo, ON who want equity-free support and local ecosystem access.
What you need to qualify
- An early-stage startup aligned with University of Waterloo's focus (General)
- A committed founding team able to participate for the full program duration
- Willingness to participate in person in Waterloo, ON
- No equity is required to join. Selection is merit-based
How to apply
- 1
Check eligibility
Confirm your startup fits Velocity's stage and focus criteria on the official site.
- 2
Submit an application
Apply via Velocity's official application channel on its website.
- 3
Screening & interviews
Shortlisted teams are typically invited to interviews or pitch sessions with the program team.
- 4
Join the cohort
Accepted teams participate in person in Waterloo, ON for the program duration.
Frequently asked
No, this program is equity-free.
Funding varies by program/track. This operator emphasizes network access and investor connections over a fixed check.
It's operated by University of Waterloo, based in Waterloo, ON, Canada.
General