Amount:

$5,000

Type of Program:

Program


Description:

Concept $5k is an University of Waterloo pre-incubator program for students. The Concept $5K pitch competition offers the opportunity for University of Waterloo student led teams with innovative solutions and high potential business ideas to showcase their hard work and compete for grant funding.

Comments on Funding:

Funding is a $5,000 grant.
Student teams can only win a Concept $5K Grant once.


When It Ends:

Applications closed for Fall 2021

Deadline:

Rolling deadline

Eligibility:

Applicant must:

  • currently be a University of Waterloo undergraduate student, graduate student or postdoc;
  • have an idea or concept that has the potential to be turned into a scalable startup (i.e. it has big market and high growth potential);
  • not have received $50K or more in funding (e.g. from grants, Velocity Fund Pitch Competition).

Applications Steps:

Applicant must submit:

1

must submit an online application;

2

are highly encouraged to attend the Intro Session: Pitch to Win after their application has been submitted. At the workshop, applicants will be shown different components of a three-minute business pitch, and have the chance to practice in front of their peers and receive helpful feedback. 

Other Things to Note:

The Concept $5K Finals are held three times a year. Check their website for the updated 2022 dates.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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