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Health Hub & Accelerator
Bi-weekly Digest
December 15, 2021
Updates from Leadership
Message from Paramita
Dear member,
2021 has been an amazing year for the Health Hub & Accelerator and for our companies. We have grown in leaps and bounds, and it feels that every day we are launching new initiatives. We have seen a 48% growth in company membership in the last year, proof of our dedication and commitment to supporting entrepreneurs in their commercialization journey. Every day, we are getting new inquiries from health-tech entrepreneurs who want to join our community. We have a brand new team of startup enthusiasts, subject matter experts and talented business professionals with over 20 years of experience between us. Since launching our LinkedIn page in September, we have overachieved our yearly subscriber goals by more than 50%. Our Biweekly Digest is reaching more and more people and we are seeing organic growth in our community outreach activities. We have also started our “In Conversation” series of events, where we will feature community initiatives and resources through informal discussions. We have many more initiatives planned for 2022 that we can’t wait to share with you.
The successes of our companies make us proud. Outbreaker Solutions started off 2021 with a pilot project with the City of Edmonton. Ruth oversubscribed their Kickstarter round and launched their eCommerce store. True Angle was a winner in Falling Walls, won the NACO Startup of the year award and moved into a brand new office. PulseMedica was a Falling Walls finalist and won Startup TNT’s Investment Summit IV. Future Fields raised their seed round, grew their team exponentially and moved into their brand new space. Medo AI also raised money and moved into their new space. Several of our early-stage entrepreneurs Tricca Technologies, Naiad Lab, WWIKY Biosciences, Click&Push Accessibility have participated in pitch competitions and community events and proudly represented the Health Hub & Accelerator.
And finally, as we wind down our operations for the year, I would like to leave you with some very exciting news. The Health Hub & Accelerator is rebranding with a brand new purpose and mission. In January 2022, the Health Innovation Hub will replace the Health Hub & Accelerator as the community incubator that supports innovators and entrepreneurs working towards better human health outcomes.
Happy Holidays and I will see you in January. Enjoy a relaxing and peaceful Holiday Season and all the best wishes for a Happy New Year 2022.
News from the HUB
Health Hub & Accelerator is rebranding in 2022
We are excited to announce that Health Hub & Accelerator will begin its' rebranding process in January 2022. As a first step, we will change our name to Health Innovation Hub, update our website and revamp our purpose and mission statement. Our long term vision is to become the number one community health incubator for innovators and entrepreneurs in Canada. Stay tuned for more updates in the new year.
Entos Pharmaceuticals to receive $15.5M for the vaccine manufacturing facility in Edmonton
The provincial government has committed $15.5 million in funding to Entos Pharmaceuticals to establish a new commercial manufacturing facility in Edmonton, which would produce vaccines as well as future genetic medicines. Read more here.
Our Companies are hiring!
Experienced Android Developer. We are beginning a greenfield Android project to bring 3 years of learning into one integrated, Android-based point of care Ultrasound application. We are seeking an experienced Android developer. Learn more here.
Senior AI Scientist. This is an applied research position. As a Senior AI Scientist, you will be working on multiple projects defined for different products. Learn more here.
Associate Scientist. The successful candidate will be responsible for performing research on behalf of the company in a team setting. This will include the design and execution of experiments, maintaining detailed records, and preparing reports and presentations based on the research and findings. Learn more here.
Funding & Wage Subsidies
OBIO EAHN 2022 Projects
The #OBIO EAHN is accepting applications for 2022 projects! Companies looking to demonstrate the value of their technology in a real-world healthcare setting can apply to the #EAHN to be considered for up to $250K in project support!
Experience Ventures - Become Future Ready!
Finding the right early talent and the right mindset accelerates your future. Experience Ventures gives you the opportunity to engage and recruit students to your local innovation network – at no cost to you.
NExT Level Careers pilot program
Technology Alberta in partnership with the Government of Alberta (Ministry of Labour and Immigration) is pleased to present the NExT Level Careers pilot program – where Alberta professionals can demonstrate their value by taking on small funded project opportunities with Alberta’s Novel Engineering and Technology (NExT) product-based SME companies.
Accelerating Innovations into CarE (AICE) – Validate Program
The last Full Application deadline of this year for AICE-Validate program is January 14th, 2022. AICE-Validate program supports Alberta’s health-tech innovators to accelerate the commercialization of digital and data-enabled health technologies through the early validation phase.
Resources & Opportunities
Scientific Research and Experimental Development Tax Incentive (SR&ED) Program
The Scientific Research and Experimental Development (SR&ED) Program uses tax incentives to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada. The SR&ED Program provides more than $3 billion in tax incentives to over 20,000 claimants annually
How to Develop a Series A pitch
A Series A venture fund can only thrive if it manages to find and lead one of the top 10-20 venture deals each calendar year. Anything less is a failure in their eyes, so you need to be building a business of that caliber if you want to raise Series A venture capital.
Legal 101 for Start-Ups
Knowing how the law affects your business is crucial to long-term success, but finding the information that you need can be overwhelming. Our friends at Goodlawyer have put together a legal roadmap for aspiring and established entrepreneurs in Alberta, that covers everything from business law and intellectual property to writing business contracts.
Community News & Events
Life Sciences Summit Info Session - Dec 16
We're delighted to announce the inaugural Life Sciences Investment Summit that will wholly be focused on supporting the extraordinary Life Sciences entrepreneurs innovating our world. Join us on December 16 at 11:00 AM to discover more and ask your questions about the Life Sciences Investment Summit! To reserve your place, register here.
Intellectual Property Strategy: Grow, Leverage and Monetize your Portfolio - Jan 6
Does your business have an IP Strategy? As a founder, learning how to leverage Intellectual Property Law early will benefit your business in the long term and help you increase your company’s value. Learn more and register here.
Career Connect Day - Jan 21
Life Sciences BC is pleased to announce our third annual Career Connect Day presented by BioTalent Canada. Career Connect Day will help connect life sciences companies and organizations from across the sector with university/college students and job seekers. Learn more and register here.
Startup Essentials: Customer 101 - Jan 24
Join Startup Calgary and Platform Calgary for this introductory, workshop that will show you how to get a better understanding of your customer by providing an overview of the customer discovery process and an introduction to the Value Proposition Canvas (VPC). Learn more and register here.
Articles
What Does Synthetic Data Mean In Healthcare’s Artificial Intelligence Revolution?
It is fake but it’s based on real-life data. Moreover, it’s possible to use methods that ensure that synthetic data very much resembles the real one. One of these methods is called generative adversarial network (GAN).
Building a Startup That Will Last
For the past decade, growth rates have defined success for most technology companies. But as in a marathon, in business pacing and perseverance should be paramount. Longevity in business creation is taken as a given – nobody sets out to create a company with an expiration date.
How to pay for R&D without breaking the bank
Imagine paying for world-class research projects by providing students with access to your equipment. If that doesn’t get your attention, how about a half-price deal on highly skilled graduate students? Small companies are being offered enticing incentives to get involved in R&D.
3 Health Tech Trends to Watch in 2022
Visibility into information and IT systems gives healthcare providers and IT staff the data they need to proactively manage change in the industry. Here are three trends in healthcare that will continue to influence investments and decision-making in 2022.
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