Catching up with Velocity Fund $25K winner, NanoCnet

Last November, Velocity hosted the Fall 2017 Velocity Fund Finals (VFF), a pitch competition that awards a share of $130,000 in funding each term to help startups build their business. Next Wednesday, March 28, we will host the 21st Velocity Fund Finals, to witness another 20 startups breaking new ground and pitching their innovative startups (register here). We caught up with one of the $25K winners from last term, Hadi Hosseinzadeh, CEO of NanoCnet, for a post-VFF update. Watch their pitch from last term.

NanoCnet is creating nanomaterials to enable the creation of flexible, transparent electrodes.

Q: How has your company developed since winning VFF?

Since winning VFF we have become a business. We understand our product, our direction and our priorities, and we have a focus on working with customers to address their specific needs. VFF has given us an incredible amount of exposure and credibility to help us drive our business forward.

Q: What is your company currently working on?

Since winning the VFF we have been busy in the lab ramping up our production capabilities, getting our IP secure and working on research projects and applications with clients. Most importantly, we have been able to broaden our team with some great talent and start a fund-raising round.

Q: What do you enjoy most about building a startup?

Building the team at NanoCnet and getting the team focused on our key objectives has probably been the most exciting part of the journey since winning VFF. After years of research developing a new material, seeing that customers are using our product to solve real world problems also brings a tremendous sense of enjoyment and satisfaction.

Q: What did you like most about competing at VFF?

Looking back, the best thing about competing at VFF is that it forced me to really understand what my business is all about. What is my unique offering? What can I offer that others can’t, and how do I explain it so that everyone understands and gets excited about it just like I am.

Q: Are there any tips you can give to startups that are pitching?

It takes a long time to put a winning pitch together. Take advantage of all the help that you can get, and find a mentor to help you through the thinking process. If you have the content and the confidence, the rest will come. Practice, practice, practice!

Come join us on Wednesday, March 28, as another twenty startups will take the stage at the Velocity Fund Finals in the University of Waterloo Student Life Centre (SLC) to pitch their startup ventures. Don’t miss your chance to attend the event – register here! Audience members and live stream participants will have a chance to win 1 of 5 Fitbit Flex 2 Fitness Trackers!

The Winter 2018 Velocity Fund Finals is sponsored by Thomson ReutersSequoia, and Magna.

Thomson Reuters provides professionals with the intelligence, technology and human expertise they need to find trusted answers in the financial and risk, legal, tax and accounting, and media markets. The new Thomson Reuters Toronto Technology Centre will create 1,500 high-quality technology jobs in Canada and accelerate research for cognitive computing, visualization, UX, and cloud development.