Nitin Jain Family Award for Entrepreneurship

The Nitin Jain Family Award for Entrepreneurship is an annual award valued at $5,000 that supports undergraduate or graduate students participating in Concept or Velocity programming at the University of Waterloo. The award is designed to encourage student entrepreneurship and support those pursuing start-up ventures. Preference is given to students pursuing this experience on a co-op term. Selection is based on a merit-evaluation process that includes assessment of the start-up's business model and viability for commercial success. This fund was made possible by a donation from proud UWaterloo alumnus Nitin Jain (BASc '01) and the Vijay Anand Foundation to support student entrepreneurship at Waterloo and to encourage more students to follow their passion in the start-up community. The award is available from 2025 to 2031, with the first selection made in fall term 2025 and the last in fall term 2031. Applications must be submitted to Velocity by the Friday of the second week of the fall term. In the case of group submissions, award funds will be divided equally among each team member.