Entrepreneurship

Wednesday, October 29, 2014

Waterloo approves $88M Engineering 7 building

by Staff, Marketing and Strategic Communications

Artist's rendition of E7 building

The University of Waterloo’s Board of Governors has approved the construction of a new $88-million Engineering 7 (E7) building.

The 230,000-square-foot, seven-storey building will house Waterloo Engineering’s ongoing transformation of how it delivers education to students.

Monday, October 27, 2014

Waste not, want not

by Christian Aagaard, Marketing and Strategic Communications

Since his retirement in 2013 from the Biology Department at the University of Waterloo, Owen Ward, professor emeritus in the Faculty of Science, has lost none of his passion for turning things people don’t want into things they do.

He has his own laboratory in Waterloo and throws the same urgent energy into Lystek International Inc., the company he started in 2000 to make better use of sewage sludge. 

Tuesday, October 14, 2014

Waterloo startup: Biosensor will detect post-op complications

by Annette Van Gerwen, Marketing and Strategic Communications

Youssef Helwa wants to remove the fear factor from those stressful weeks after a patient undergoes surgery.

To help prevent post-operative complications, he and a team of University of Waterloo entrepreneurs are developing a tiny biosensor that would be left inside the body to alert doctors to bleeding or infection.

In September, Velocity, an entrepreneurship initiative from the University of Waterloo, welcomed 29 new companies to its Velocity Garage, Velocity Foundry and Velocity Science programs.

These new startups will join 25 existing companies in an engaging community that fosters entrepreneurship while helping to turn ideas into sustainable businesses. Velocity focuses on peer mentorship, resource access and expert guidance for new businesses.

Wednesday, October 1, 2014

Waterloo startup: connecting students to employers

by Megan Hood, Faculty of Arts

A Waterloo student has founded a company that is tackling every job-seekers Catch-22: employers want experience but you need a job first to get that experience.

Melissa Morgan, a Global Business and Digital Arts (GBDA) student co-founded uIntuition as a way for post-secondary students to build a portfolio, network and generate income while employers get professional work for a competitive price.

Honourable Reza Moridi, Ontario’s Minister of Research and Innovation, today announced a $3.3-million grant to be shared by the two universities in a partnership with Communitech as part of the Government of Ontario’s campus-linked accelerators program (CLA).

The grant is part of the $20 million CLA introduced as a key part of the Government of Ontario’s Youth Jobs Strategy. The program is managed provincially by Ontario Centres of Excellence (OCE).

Tuesday, September 9, 2014

New UWaterloo Velocity startup space opens this week

by Media Relations

The Velocity Foundry—the University of Waterloo's new incubator space for hardware, materials and life sciences startup companies—will officially open this Friday, and members of the media are invited to tour the home of what could be the next great Canadian entrepreneurship story.

The media are invited to join representatives from the federal and provincial governments and the University of Waterloo for the grand opening. Journalists are welcome to tour the space and speak to representatives of the startup companies in attendance.

Phil Jacobson and Garrett Gottlieb

PumpUp, the first photo-based community for healthy and active living, recently closed a $2.4 million seed financing round led by General Catalyst Partners. The most recent startup to successfully launch from Velocity, PumpUp has more than 1.7 million members on their app and is growing quickly. They have a new office in downtown Toronto and are on a hiring path to expand their highly skilled team.