Located in the Minota Hagey residence on campus at the University of Waterloo.
The Velocity Residence provides a unique opportunity for University of Waterloo students to live in an innovative and entrepreneurial environment right on campus. Students are given access to the latest technologies and the opportunity to learn from a great network of mentors and entrepreneurs. You don’t need an idea or team to apply, you just need to be passionate about entrepreneurship!
What we’re looking for:
Ambitious, creative students who are interested in being entrepreneurs.
Applications are encouraged from those who are looking for an environment that encourages creativity and collaboration.
Students from all faculties and programs are eligible and encouraged to apply.
What you’ll get:
Exclusive access to people and companies that can help you grow and take your ideas to the next level including industry leaders, venture capitalists, professors, entrepreneurs.
The opportunity to collaborate with the best students in various complementary disciplines and the chance to live and work in a residence facility like no other.
Access to the latest technology including the Myo, Oculus Rift, 3D Printer, tablets and smartphone devices.
An intensive week of Velocity Bootcamp the first week of the term where you learn how to network, hear about problems worth solving, create a business model, and get started building your business.
A weekly dinner with a guest speaker who has experience in entrepreneurship. They’ll give you insight into what starting up is really like and there is always an opportunity for questions after the talk. You’ll also have access to micro funding to help you move ahead with your project or company. Apply online now!
Want to live in an entrepreneurial environment with 70 other like-minded students, right on campus?
Here’s what you need to get in:
1. Interest in Startups
Students must have a keen interest in starting up a company.
2. Undergraduate Year
Students must be enrolled in second year or above (some exceptions have been made for first year students).
3. School Attendance
Students must either be enrolled in a full-time academic term or on a co-op or e-coop term.
• Returning Velocity students are welcome.
• Graduate students are welcome.
Not all students have a project idea when they arrive at the Velocity residence. When they get here, they’re encouraged to build a team during Bootcamp Week and put their ideas into action.
Residents of Velocity will only be required to sign 4 month residence contracts.
Students are free to re-apply for subsequent terms for as long as they are registered UW students.
Winter 2014: $2,915
Spring 2014: $2,915
Fall 2014: $2,915
Q: I’m concerned about my grades being affected by living in the Velocity Residence and working on my startup while I’m in school. Is there a lot of pressure to be working on my business? What are the expectations?
Q: Can I live in residence if I’m on a co-op term?