Three companies aiming to do big things in the medical technology, insurance and automotive industries are the first to receive funding through a program for promising startup ventures at the University of Waterloo.
Elucid Labs, Knote and Acerta Systems Analytics will share $400,000 provided through the Spectrum 28 Mentor & Venture Program, a partnership between venture capitalist Lyon Wong and Waterloo Engineering.
Students at the University of Waterloo have been chosen to compete in General Motors AutoDrive Challenge, a three year autonomous vehicle design competition to develop and demonstrate a fully operational driverless vehicle.
ECE Professor Sherman Shen has been designated "University Professor" by the University of Waterloo's Tenure & Promotion Committee. Professor Shen is the first in the Department of Electrical and Computer Engineering to be honoured with this distinction.