The Velocity Fund is a non-equity grant program for startups. Each year Velocity produces three pitch competition events where the Velocity Fund awards $125,000 in money to winners.
The Velocity Fund $25K competition showcases 10 startups as they pitch for their chance to win one of four $25,000 prizes and space in one of the Velocity workspaces.
During the Velocity Fund $5K competition, three student ideas or student-driven startups receive $5,000 to help them grow their ideas and start their businesses.
More information and rules available here.
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.