Climate Change Fund

In partnership with:

We have teamed up with UWaterloo’s Interdisciplinary Centre on Climate Change (IC3) to offer grant funding for business ideas aimed at solving climate change problems. This funding will be awarded to student team to directly support innovation and entrepreneurship focused on climate solutions.

These grants will be awarded to two student led teams selected by our judges as solving an important problem with an innovative, high-potential solution. The top team will receive $5,000 and second place will take home $2,500 to help advance their ideas. Winners will be determined through a step two step process comprised of an online application, and follow up interview with the top applicants. Not only will you have the chance to win funding, you can also gain the opportunity to network with an incredible panel of judges.

Applications will be closing on March 21, so be sure to submit your climate change related solution before its too late! This is your chance to use your idea to create a greener, cleaner, and brighter future for UWaterloo and beyond.

Apply Today

Interviews will be conducted by a prestigious panel

Our Judges

Tom Rand

Tom Rand’s focus is on carbon mitigation as an entrepreneur, venture capitalist, author and speaker. He is Co-Founder and Managing Partner of ArcTern Ventures and sits on the board of a number of clean energy companies and organizations. He also developed Planet Traveler, a low-carbon hotel project in downtown Toronto.

Tom’s first book- Kick the Fossil Fuel Habit was winner of the 2011 Whitepine Non-Fiction award; his second –Waking the Frog– became a bestseller in Spring 2014; his third – Climate Capitalism: Economic Solutions for a Planet in Crisis was published early 2020. 

Tom holds a BSc in electrical engineering (U of Waterloo), an MSc in philosophy of science (University of London and LSE)  and an MA and PhD in philosophy (U of Toronto), is an Action Canada Fellow, and has been a member of a number of federal and provincial advisory boards. Tom is a regular contributor on Canada’s leading op-ed pages and television.

Simon Glauser

Simon Glauser is the Managing Director of UWaterloo’s Interdisciplinary Centre on Climate Change (IC3), an institute dedicated to supporting research, student training, and knowledge mobilization for the hundreds of Waterloo faculty, staff and students engaged in climate change science and action.

Simon’s 20-year career has included roles in environmental policy at the provincial and regional levels, and managing large-scale research networks focused on water management, and agricultural and food sustainability. He is a proud Waterloo alumnus of the Faculty of Environment (MES), and also holds an MBA from Wilfrid Laurier University.

Ivette Vera-Perez

Ivette is passionate about climate change, sustainability, innovation, energy and cleantech. She has outstanding combination of business expertise (MBA) and technical background (BEng Hons, MASc), combined with an in-depth knowledge of a diverse range of technologies, and extensive experience analysing energy efficiency and GHG reduction projects and technologies.

She is a founding Director of the Ontario Clean Technologies Industry Association (OCTIA), and an active member of Ontario’s cleantech community.

At Mitacs, Ivette leads a team of national Business Development managers that helps Canadian businesses solve their innovation and R&D challenges by connecting them to the right talent, helping them leverage their budgets with new funding, and by building new strategic partnerships.

Eligibility Requirements & Important Dates


  • You’re currently a University of Waterloo undergraduate student, graduate student or postdoc
  • You have an idea or concept that is directly addressing an issue related to climate change
  • You and your idea/team haven’t received $50K or more in funding (e.g. from grants, Velocity Fund Pitch Competition)

Important Dates

  • Applications Close: March 21, 2021
  • Interviews Conducted: March 30, 2021

Help fight global climate change and fund your innovative ideas

Apply today!