Concept, Velocity’s pre-incubator program, announce their winners of the $5K Grant Competition and the Pandemic Challenge Fund
By Angelica Sanchez, University Relations
While many live events are being cancelled due to restrictions for in-person gatherings, Concept continues to showcase their achievements and successes by hosting virtual competitions. Similar to Velocity’s virtual Fund Pitch Competition (VFPC), Concept pivoted two of their major in-person events to video submissions which garnered more than one hundred applicants combined. Audiences were then invited to virtually attend each event where a panel of local startup founders scored and selected the final winners.
The Concept $5K grant supports undergraduate and graduate students at the University of Waterloo who have creative, technological ideas.
Concept also unveiled their Pandemic Challenge Fund where Waterloo students could participate in virtual workshops and connect with innovation coaches. Afterwards, these students had the opportunity to develop and pitch their ideas at the Pandemic Challenge Fund to potentially receive $3,000 in funding support.
Meet Concept’s latest recipients.