Spectrum 28 and University of Waterloo Launch $2M Entrepreneurship Program

Waterloo_logoThe University of Waterloo is partnering with Silicon Valley-based venture capital firm Spectrum 28 to provide a new entrepreneurship program for students which includes access to a $2m fund.

Starting in June, the Waterloo Engineering | Spectrum 28 Student Venture Program will provide senior students with early-stage venture support through pop up classes and expert mentorship in addition to the opportunity to compete for funding.

The year-long program includes a series of pop up classes with Waterloo faculty and Silicon Valley experts, a Fast Feedback Day where the successful teams go on to refine their ideas or products, and a Demo Day.
At Demo Day, Spectrum 28, together with faculty members will offer equity funding to those teams which meet the program’s criteria.

The program adds to Waterloo’s existing incubator and accelerator programs.

Founded in 2015 and led by Lyon Wong, Kent Ho, Shvet Jain, Alok Vasudev and Eddy Chan, Spectrum 28 is investing out of its first fund which has already backed Duetto Analytics, Earnest, Gravitational, Karius, Lookback, Vitagene and two other stealth mode startups operating in Finance and Genomics. The firm is based in Menlo Park.



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