WIN-Velocity Scholarship Program

Eligibility and selection criteria

• The student must be admitted into a research-based master’s program with a WIN member as the primary supervisor.
• The student must be a Canadian citizen/Permanent resident.
• The applicant must complete the WIN-Velocity Scholarship Application found on the WIN-Velocity website and submit it to the WIN-Velocity Scholarship Coordinator on or before the deadlines for each term.
• A joint committee consisting of individuals from WIN and Velocity will accept applications three times per year, coinciding with the application for admission deadlines. WIN will evaluate based on academic strength and Velocity will evaluate on the business opportunity. Following an in-person/virtual interview, awardees for each term will be selected by the evaluation committee.
• Selection will be based both on academic credentials as well as on market potential of the student’s business idea.

Value Description

Up to two (2) awards will be given annually with the value being equivalent to two (2) years’ Graduate Research Scholarship (GRS) with the value being equivalent to the minimum GRS that the student’s home department/Faculty would issue.

Level

Masters

Citizenship

Canadian/Permanent resident

Selection process

Application required

Term 

Winter, Spring, Fall

Application deadline

1^st of March for Fall admission - DEADLINE EXTENSION: APRIL 1st

1^st of July for Winter admission

1^st of November for Spring admission

Additional instructions

• Recipients are expected to focus on their academic and start-up/entrepreneurship activities for the duration of the WIN-Velocity Fellowship program.
• The student is required to receive co-curricular mentoring through the Velocity Translation Program which includes support for successful spinout from the university.
• This scholarship is provided as part of the guaranteed minimum funding. The recipient’s supervisor would not be required to pay any GRS to their student for up to two (2) years from the start of the graduate program. The award may be held in conjunction with other major awards (i.e., awards valued at more than $3,000 per year such as Tri-Agency, OGS, EEF-M/D, Provost awards, etc).
• The scholarship will be for a maximum of two years, providing the recipient remains registered full-time in the program. Changes to registration status or a change in program may result in future installments of the scholarship being cancelled.
• Recipients who fast-track from a master’s program into a PhD may continue to receive the remainder of their scholarship for the original duration it was issued (i.e., maximum of two years). The scholarship value will continue to be at the master’s level.

Contact person

For further information about this award or if you are interested in applying, please contact:

WIN-Velocity Scholarship Coordinator
Dennis Wong
Waterloo Institute for Nanotechnology
Email: yinwingdennis.wong@uwaterloo.ca