Organizational focus: Velocity equips and guides entrepreneurs to build companies that scale at the earliest stages of business building.

Who they are: Founded by the University of Waterloo, Velocity is an incubator that helps early-stage companies, regardless of industry, start and grow. Velocity’s incubator program has hosted more than 400 companies across industries including life sciences, artificial intelligence, and manufacturing.

What they offer: Velocity provides expertise, prototyping and testing space, laboratories, and hardware and assembly space, and a network of founders that can help mentor upcoming businesses. It provides workspaces, equipment training and other administrative services within its 37,000-square-foot facility.


151 Charles St W
Suite 199
Kitchener, ON
N2G 1H6

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Published: June 5, 2024

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