Philanthropy and Social Initiatives
In 2016, Tanveer Ali established the Ali Arts Entrepreneurship Award at his alma mater, the University of Waterloo, where he earned his Bachelor of Arts degree. This award, valued at $2,500 annually, is granted to full-time undergraduate students in their second, third, or fourth year in the Faculty of Arts who demonstrate a passion for entrepreneurship.The award recognizes students who are actively involved in entrepreneurial initiatives such as Velocity Residence, Velocity Start-ups, and GreenHouse, and who maintain a minimum 75% cumulative academic average. The Ali Arts Entrepreneurship Award reflects Tanveer’s belief that an education in the arts can provide a solid foundation for success in business and his commitment to fostering entrepreneurship among future leaders.