$100K handed out to student entrepreneurs

The winning VeloCity Venture Fund teams posing with their $25,000 cheques.

Students take home over $100,000 at VeloCity Fund Finals

For the 8th VeloCity Fund Finals, 10 amazing teams pitched their startups to compete for one of four $25,000 cheques and a place in the VeloCity Garage. Companies pitched ideas that would improve education, retail location planning, online shopping and more.

The four winners were MetricWire, which streamlines academic research using smartphones to collect scientific data; PiinPoint, which identifies optimal store locations; uMentioned, a location-based app that lets you anonymously make new friends nearby; and Light-bot, a program that teaches kids how to program in fun way.

Nine additional teams also had the opportunity to pitch for three prizes of $1,000. PetroPredict won two of those prizes for best pitch and people’s choice, making their full winnings $2,000. PetroPredict is an integrity-prediction engine that enables engineers to identify low-capital, high-reward opportunities in the oil and gas industry. Helio took home the final prize of $1,000 for the most innovative pitch, to continue developing their technology that will continually charge a cellphone battery through the day using sub-pixel solar cells.

Learn more about the event and the companies on the VeloCity blog. Photo from VeloCity.

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