Beyond Velocity’s well-known incubator in Kitchener’s innovation district, Velocity supports more than 5,000 students per year through on-campus programs, such as Zero, Problem Lab and Cornerstone, designed to give University of Waterloo students an early start in entrepreneurship and create experiences to build key skills for any career path. Introduced during the pandemic, the Cornerstone program helps the most advanced student teams refine their startup ideas and prepare them to start a career in entrepreneurship.
Six early-stage teams who worked on their startups through Cornerstone and other programs at Waterloo are moving into the incubator where they will receive support from Velocity business advisors and product development team as they refine their initial startup idea, business model and proof of concept over the next several months.
“Students have a fantastic opportunity to build out their own ideas and try starting a business while they are pursuing their undergraduate or graduate degrees. The University of Waterloo is a supportive environment where they can access Velocity’s abundant free resources to help them test their ideas. By starting early with Velocity’s on-campus support, students can de-risk their jump to full-time entrepreneurship upon graduation, when the Velocity Incubator can give them the best chance at success,” says John Dick, Velocity’s director of Campus Programming.
Source: Bridging the gap between student to full-time entrepreneur | Waterloo News | University of Waterloo