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Canada’s entrepreneurial campuses

Six programs for ambitious undergrads

Photo by Birmingham City University on Flickr

From the 21st Maclean’s University Rankings—on sale now. Story by Sandy Farran.

It’s the stuff of dreams: in early 2009, University of Waterloo engineering student Ted Livingston set out to design an instant messaging app while taking part in Waterloo’s VeloCity Residence program, an intense four-month incubator for student start-ups. The program provided Livingston with regular access to an entrepreneur-in-residence, use of the latest technology, a collaborative work space, exposure to community mentors and the support of like-minded peers.

The entrepreneurial skills that Livingston acquired while in the VeloCity program propelled his instant-messaging app from the idea phase, in early 2009, to a downloadable app in the fall of 2010. Since then, four million users have downloaded the free technology (called Kik Messenger), investors have come knocking, and Livingston has donated $1 million to his alma mater to help other student entrepreneurs.

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