Funding at Velocity
One key element in the startup ecosystem is funding. Velocity provides funding in a way that is impactful to startups by incorporating application, interview, and pitch experience into its funding program.
The Velocity Fund is an investment and grant program that provides >$390,000 in funding each year to local startups through its Velocity Fund $25K and Velocity Fund $5K programs.
Velocity Fund $25K – Startup Investments
Three times a year, startups can apply to compete for one of four $25,000 investments. The top applicants are invited to interview with a panel of Velocity leaders and alumni and the top 10 are invited to present their pitches at the Velocity Fund Finals 25K pitch event.
Velocity Fund $5K – Student Grants
Students with innovative ideas are invited to pitch at the Velocity Fund $5K Qualifiers, held each term. Up to 20 teams pitch each night across two nights to a panel of judges from the local startup community. The top 10 are invited to pitch at the Velocity Fund Finals for their chance to win one of four $5,000 grants.
The Velocity team has built strong relationships with investors around the world and continues to grow that community. Visit our Investor Information area for more details.