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. The top applicants will present their pitches at the Velocity Fund Finals on November 27.
Is your idea an innovative solution that tackles an accessibility challenge? Now available through the Velocity Fund: Two additional $5K prizes for pitches that directly tackle an accessibility issue. This competition is in collaboration with the Ministry for Seniors and Accessibility (MSAA).