We acknowledge that we live and work on the traditional territory of the Neutral, Anishinaabeg and Haudenosaunee peoples. The University of Waterloo is situated on the Haldimand Tract, the land promised to the Six Nations that includes six miles on each side of the Grand River.
Six Conrad startups will pitch at the Velocity Fund Finals (VFF) on Thursday, November 27. The Velocity Fund is a grant program for startups and aspiring entrepreneurs to win funding through competitions held three times per year. Teams compete for a total of $125,000 at the day-long pitch competition. The event is split into two parts: the $5K competition in the morning, and the $25K competition in the afternoon.
Three Conrad startups will compete for $5K, and three will compete for $25K.
|Velocity Fund $5K||Velocity Fund $25K|
Finalists: Velocity Fund $5K
Ten companies pitch in the VFF $5K competition for the opportunity to win one of three grants of $5,000, awarded to people's choice, best pitch, and most innovative pitch. The judging panel includes Conrad faculty member Wayne Chang, as well as Waterloo economics professor Geoff Malleck, and Steve McCartney, Vice President of Communitech's Startup Services Group.
Founded by Master of Business, Entrepreneurship and Technology (MBET) student, Alireza Oliazadeh, Reno is a device that uses body heat to charge smart devices.
A recent winner of the Norman Esch Enterprise Co-op (E Co-op) Award, Moocow Unicycles is dedicated to providing the unicyclist community with strong, ergonomic parts. Moocow Unicycles is currently in the E Co-op program.
Finalists: Velocity Fund $25K
In the afternoon, 10 different companies will pitch to win one of four $25,000 prizes; an additional $10,000 prize will be awarded to a winning hardware company. Judging the $25K competition will be Ted Livingston of Kik, Mike McCauley of Google, Karamdeep Nijjar of iNovia Capital, and Jean-Sebastien Cournoyer of Real Ventures.
MBLOK is a SmartMemory device that allows users to transfer and access files between computers and mobile devices while offline. The MBLOK can fit in your pocket, and provides users with up to 256 GB of private, secure, and protected storage space when connected to a device via Bluetooth. MBLOK's founder, Anton Kabanov, worked on the company during an E Co-op term.
Suncayr is developing UV-responsive marker ink that informs users when to reapply sunscreen. The marker can be drawn directly on the skin before applying sunscreen, and when the sunscreen is no longer blocking UV rays, the ink changes colour. Co-founders Derek Jouppi and Andrew Martinko worked on Suncayr during an E Co-op term, and the entire team is currently taking BET 300.
Vitameter is a personal handheld device that determines a user's vitamin levels within minutes. Each test is inexpensive and provides the user with the information needed to manage diet and supplements. James MacLean, co-founder of Vitameter, worked on the company during an E Co-op term and is currently taking BET 300.
Conrad startups have a very good track record in the Velocity Fund Finals. Fifteen Conrad companies have won the $25K competition, including Mappedin, Palette, and PetroPredict, and many others have won the VFF $1K (the predecessor of the $5K competition).