Award type:
Scholarships
Award description:
Two awards, valued at $5,000 each, will be provided annually to undergraduate or graduate students participating in Concept or Velocity programing at the University of Waterloo. Preference will be given to students pursuing this experience on a co-op term. Selection will be based on a merit-evaluation process including, but not limited to, the progress of the start-up’s business model and viability for commercial success. Interested students or teams should submit an application by October 31 to Velocity. This fund is made possible by a donation from the Vijay Anand Foundation to support student entrepreneurship at Waterloo and to encourage more students to follow their passion in the start-up community.
Note: Effective 2025, this award has been replaced with the Anuj Jain Family Award for Entrepreneurship and the Nitin Jain Family Award for Entrepreneurship.
Value:
$5,000
Value description:
Two Awards valued at $5,000 each. The period of the defined term award is from 2022 to 2031. The first selection will be made in winter term 2022 and the last in winter term 2031.
Eligibility & selection criteria:
- Undergraduate or graduate student(s) participating in either Concept or Velocity programming.
- Preference will be given to students pursuing this experience on a co-op term.
- Selection will be made via merit-evaluation process run by Velocity including, but not limited to, the progress of the start-up’s business model and viability for commercial success.
- An application is required by October 31st and must be submitted to Velocity.
- Velocity will select recipients in the winter term and notify SAFA or GSPA of the winners, as appropriate.
- In the case of group submission, Award funds will be divided equally among each team member.
Level:
Masters, Doctoral
Program:
Open to any program
Citizenship:
Canadian/Permanent resident, International/study permit student
Selection process:
Application required
Term:
Fall
Additional instructions:
Interested students or teams should submit an application by October 31 to Velocity.
Contact person:
- For further information about this award please contact the staff at Velocity.