I went to an end-of-term Demo Night at the University of Waterloo's VeloCity Residence last night. The evening started with a nice barbecue and an opportunity to mingle and talk with students and other visitors. There was then a program of six presentations by student teams that included two complete and functioning products as well as some product concept presentations, and even a great overview on the subtleties of creating applications for the iPhone. The discussions after each presentation were engaging and instructive. At the end of the night the crowd favourites were the guys from giftah.com, who I had previously seen at StartupCampWaterloo, and who seem to have found a winning proposition in their business.
The folks who run VeloCity are building something special here.