Eight innovative fast-growing Canadian companies in life sciences and information and communication technologies will join the new Canadian Technology Accelerator (CTA) program in Boston. The initial participants will undertake a three month intensive program at the Cambridge Innovation Center (CIC) near MIT where they will be able to access resources and be mentored by business leaders and venture capitalists.Some of the participating companies include:
- Mindful Scientific Inc. (Halifax Nova Scotia)—an early stage medical device company developing diagnostic and monitoring technologies to revolutionize the way brain injuries from concussions to comas are managed
- Biomedical Implant Technology Inc. (St. Catharines Ontario)—developed the BioHex, a dental implant technology that combines a novel tooth replacement technology and business model to deliver a product and treatment in half the time at half the cost of traditional methods
- Sentimed Medical Corporation (Boucherville, Quebec)—offers a telemedicine solution that makes patients’ medical information electronically accessible to primary care providers
- Arazy Group (Vancouver, British Columbia)—offers a cloud-based application that processes, manages, and obtains regulatory approvals for medical devices from health authorities around the world
- HInext Inc. (Toronto, Ontario)—developed TREAT, a cloud-based EHR and Care Coordination Platform for behavioral health providers featuring powerful assessment and analytical tools that focus on patient outcomes and recovery
The other companies include P&P Optica (Waterloo Ontario), Equals6 (Halifax Nova Scotia), and TasteFilter Intuitive Discovery (Montreal Quebec).
The Canadian Technology Accelerator program, modeled on similar programs in New York City and Silicon Valley, has proven to be an effective way forward for innovative Canadian companies,” said the Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway. “In total, Canada has five CTAs focused on different sectors, and more than 170 Canadian companies have benefited from the programs.”
For more information, go to www.international.gc.ca.