Community leader commits $1.5 million to University of Waterloo’s new Innovation Arena
Banner caption: Artist’s conceptual illustration of the planned Innovation Arena: Julia Nakanishi
The University of Waterloo’s new Innovation Arena has received a $1.5 million gift from local entrepreneur, angel investor and community leader Mike Stork.
The gift supports a $35-million capital project to restore a University-owned warehouse in Downtown Kitchener’s Innovation District. Located at the corner of Victoria and Joseph Streets, the 90,000-square-foot building will be the new home of Velocity, Waterloo’s signature entrepreneurship program.





