Climate Change Fund

In partnership with:

The judges have spoken,

Meet the innovative teams helping to fight climate change!

Meet the winners

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.

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 the National Team Lead for Account Management at Mitacs. She leads a multidisciplinary team of account managers across Canada, with the mandate to help organizations execute on their innovation roadmaps by securing top talent from post-secondary institutions. She also leads the organization’s cleantech deployment strategy. 
Before Mitacs, Ivette was the Manager for the Greenhouse Gas Reduction programs at the Ontario Centres of Excellence, where she managed over $275M dollars in programs funding from Cap and Trade revenue, to help Ontario’s top industrial emitters reduce their carbon footprint. During this time, she developed partnerships with Natural Sciences and Engineering Research Council Canada, Sustainable Development Technology Canada, and Natural Resources Canada’s Clean Growth Fund, among others, to help leverage provincial and federal funding to develop multi million-dollar projects.

Ivette has over 15 years of experience in the cleantech and environmental technologies sector. Her expertise spans from business development to site engineering, operations, and financing.

Ivette holds a Master of Applied Science from the University of British Columbia, and an MBA from McGill University. She is an active member of Cleantech North, the Ontario Hydrogen Business Council, and a founding board member of the Ontario Clean Technologies Industry Association.

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