Conestoga, UWaterloo, WLU receive $3M to launch, run LiftOff incubator

August 18, 2021
Conestoga College, the University of Waterloo, Wilfrid Laurier University, and the Waterloo Region Small Business Centre will receive almost $3M to support the Caribbean Canadian Association of Waterloo Region (CCAWR) in launching and running the LiftOff incubator. The LiftOff incubator will aim to boost the number of Black entrepreneurs by pairing entrepreneurs with coaches who can help them plan their goals and through connecting entrepreneurs with resources and networks. The LiftOff incubator will be based out of UWaterloo’s Velocity space and will employ 6 full-time staff as well as part-time coaches and mentors. WLU’s Entrepreneurship Centre and Conestoga will help deliver LiftOff’s programming, with programming based on Conestoga’s Venture Lab’s “universal business incubator.” The program has no age restrictions, and women are encouraged to apply. Conestoga | CBC (ON)