Today, Velocity announced the finalists for its Fall 2014 Velocity Fund Finals, taking place on Thursday, November 27th, where startups will compete for more grant funding than ever. Among the finalists are four Velocity Science teams.
Finalists will have three minutes each to pitch their startup ideas to a panel of expert judges, including top investors and successful business leaders for a chance at four prizes of $25,000 each. The Velocity Fund $5K will award three prizes to UWaterloo students who present the best pitch or most innovative idea to the panel of judges during event.
The finalist teams were selected by judges from the Velocity community based on several criteria, including innovativeness, market potential and quality of the pitch.
Previous winners have said the support they received from Velocity, including the startup funding, expert mentorship and peer network opportunities was invaluable.
Two Velocity Science teams will compete against eight other finalists for the $25,000 grand prizes.
Suncayr – Suncayr’s UV-responsive marker can be used to draw directly on skin and changes colour when sunscreen needs to be reapplied.
Vitameter – A personal handheld device that determines an individual’s vitamin levels within minutes. The inexpensive test provides people with the information needed to manage diet and supplements.
Another two Velocity Science teams qualified to compete in the Velocity Fund $5K.
Kue – A caffeine product that gives people a burst of energy before they wake up through a timed-release capsule.
Aminolyze – A biotechnology startup developing devices to monitor protein requirements to help people fuel healthy active lifestyles.
For more information on the Fall 2014 Velocity Fund Finals and to register for a spot in the audience, please visit the Velocity Fund Finals website.