The winners and judges of the Challenge hold their winning plaque
Friday, June 19, 2026

Innovation Challenge Empowers Students to Build Real-World Housing Solutions

The Future Cities Institute founded by CAIVAN co-hosted the Future Cities Innovation Challenge alongside Velocity, transforming academic theories into an intense city-building challenge. The initiative brought University of Waterloo students together from across multiple disciplines for a high-intensity, two-week sprint focused on developing data-backed business concepts that directly target the housing crisis, modern infrastructure strains, and municipal service delivery.

The challenge pushed participants far beyond traditional classroom environments, functioning as a fast-paced sprint for student entrepreneurship. Working in interdisciplinary teams, students were given the technical resources and space to confront complex urban realities head-on.

"I have a lot of friends at different universities, and they just go to class," noted one student participant. "We're trying to create a business in a week."

This experience-rich model of education ensures that students do more than study the challenges facing local communities; they learn how to build the tools and enterprises required to solve them.

To support this rapid, impactful problem-solving, every student team that completed the intensive sprint was guaranteed $500 in funding. Grand prizes were awarded to the top-tier concepts, providing critical initial capital designed to help winning teams flesh out their designs and advance them toward real-world applications.

This collaborative environment was enabled by a unique cross-sector partnership uniting FCI, Caivan, Velocity, GLOCAL, and Amazon Web Services. These organizations helped students move past abstract theory and push for applied, evidence-backed change.

A critical phase of the challenge involved a rigorous review panel where student teams pressure-tested their concepts against direct feedback from industry and civic leaders. The institute extends its gratitude to the panel of judges who volunteered their time and deep professional expertise to refine the student concepts: Ryan Guetter, Karen Redman, Hans Roach, Neil M. Smiley, and Philip Mills.

By matching emerging student talent with direct financial investment and industry mentorship, FCI continues to put collaborative solutions at the heart of its mission. Building resilient future cities starts by empowering the next generation of professionals to design better spaces today.