Velocity Fund $25K and $5K applications are open! The Velocity Fund is a non-equity grant program for startups that offers $390,000 each year to startups through its Velocity Fund $25K and Velocity Fund $5K programs.
The Velocity Fund $25K competition showcases 10 startups as they pitch for their chance to win one of four $25,000 prizes and space in one of the Velocity workspaces. For the Velocity Fund $5K competition, four student ideas or student-driven startups receive $5,000 to help them grow their ideas and start their businesses. This term, the competition is in collaboration with the Accessibility Directorate of Ontario (ADO), and available are two additional $5,000 prizes for projects that integrate accessibility.
The top applicants will present their pitches at the Velocity Fund Finals on July 25.