Flowboat is a youth startup organization in Waterloo where bright young minds come together to be creative with science and technology. Flowboat members can choose to focus on a variety of challenges to improve their skills in physics, computer science, business, environmental sustainability and anything their team chooses to tackle.
Each year, around 50 students across Waterloo Region form groups of 4-6 people to create an innovative solution to a real-world problem. Each newly formed company is provided with mentors, lessons, and feedback to prepare them for a variety of pitching competitions.
The timeline is from September to May and can continue to the next year to further grow their business and perfect their product. Built from the ground up for high school students, Flowboat is designed to provide today's youth with the entrepreneurship experience they need to tackle the problems of tomorrow.
Where Does Flowboat Happen, and What do We Learn?
Flowboat is located at the Ideas Clinic at The University of Waterloo, in the heart of the tech hub of Canada: Waterloo. We meet weekly on Saturdays for two hours. The program runs from September to May.
To quickly summarize the Flowboat year first, Flowboat begins, and teams form. Members perform market research and each team is assigned to a community mentor. Members prototype their service/product and start brand and logo development. Members participate in a variety of pitching competitions while continuing as the startups gain traction. Lastly, Flowboat Demo Day happens offering pitching grants. Startups develop financial projections.