Waterloo’s Innovation Arena is a 90,000 sq. ft building purpose-built to connect leading innovators from across industries and sectors. At the heart of this new collaboration space is one of Canada’s leading entrepreneurial incubators – Velocity.
The new home of Velocity
Velocity’s mission is simple – to accelerate entrepreneurs’ growth from idea to early-stage start-up, and beyond. Velocity founders have access to unmatched resources, open collaboration spaces, funding, and an expansive and experienced network made possible only by the University of Waterloo - Canada’s top university for founders.
In its new, and larger location, Velocity will continue to build on its 15 years' experience as the country’s most successful incubator. More than 400 Velocity companies have netted >$26B USD in value.
Uniting like-minded business builders
Velocity fosters a collaborative environment that will create opportunities for Innovation Arena members in residence to:
- Work alongside startups, experienced founders, and University of Waterloo talent that is uniquely connected to our ecosystem
- Seamlessly transform ideas, prototypes, and research into new commercial products
- Engage critical business validation and commercialization infrastructure to accelerate the deployment of health innovation into markets and health care systems
- Successfully launch ambitious new ventures that will create highly skilled jobs and improve the health and prosperity of our community and its citizens