University of Waterloo ranks best in Canada for producing successful entrepreneurs [Video]

The University of Waterloo (UW) is among the top universities in the world when it comes to producing successful entrepreneurs with undergraduate degrees, according to the 2024 PitchBook rankings.

“For another year, Waterloo has been ranked number one in Canada,” said Adrien Côté, executive director at UW’s startup incubator Velocity.

PitchBook, which tracks investments in venture capital and private equity markets, reveals that UW has produced 562 founders, 478 companies and $20 billion USD in capital.

The university currently ranks 21st in the world.

“We have a really strong engineering, computer science, math and science facilities that combines with world-class research, but also combines with the cooperative education program,” Côté explained.

The report also ranks UW second in Canada for producing female founders, and the university remains in the top 100 for graduate-degree founders.

“I wasn’t really surprised,” said Ethan Alvizo, with startup PatientCompanion. “I know a lot of entrepreneurs in the Waterloo area, so it wasn’t shocking for me …