Saturday, 9 June 2012

Announcing the Four VeloCity Venture Fund Winners

Announcing the Four VeloCity Venture Fund Winners

June 7th at the University of Waterloo, mobile and media incubator VeloCity awarded 4 startups $25,000 each as part of their VeloCity Venture Fund (VVF).
There were 66 applications to the VVF this term—over double the number of applications from winter term. The applications were narrowed down to 18 startups which were interviewed and from there 10 finalists were chosen to pitch at VVF.

Judges, Tim Ellis, CEO at the Accelerator Centre, Mike Stork, Philanthropist and iNovia Captial's Karamdeep Nijjar picked the four winners and they are:
Matinée. Founded by Gareth MacLeod and Ross Robinson, a company focused on building an online distribution platform for indie film directors and producers similar to the Shopify model ($30 monthly fee + percentage of movie revenue).
SciGit. Founded by Eric Ho, a long time VeloCity resident, and Hanson Wang, a company focused on improving document management and revision control for scientists and academics who write papers based on git. The GitHub for non-technies.
Flockwire. Founded by Max Brodie, a company focused on bridging the generational gap between those on Facebook and their grandparents by automatically creating “stories” through pictures on your Facebook account (or other online platforms like Flickr) and printing them out to mail to grandparents.
Weston Expressions. Founded by Douglas Lusted, an incredible 19 year old entrepreneur who is building a new advertising platform focused on bringing ads to escalator handrails.

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