All Posts Tagged With: "Ryerson Digital Media Zone"
Six programs for ambitious undergrads
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.