Credit: Nimbus Synergies

The business accelerator is partnering with Spring Activator, the Discovery Foundation and Innovate BC

B.C. has become something of a hotbed for startups looking to solve pressing challenges in the healthcare industry. With new health platforms, apps, medical devices and diagnostic solutions, there’s no shortage of impact-focused innovations in the province.  

But startups also have a reputation for being short-lived ventures. To help life science entrepreneurs scale their businesses, Vancouver-based investment company and accelerator Nimbus Synergies has partnered with Spring Activator, the Discovery Foundation and Innovate BC to launch a program for early-stage health tech companies.

Through collaborating with regional partners and empowering investors with a diversity of knowledge and networks in the sector, this program will be a unique opportunity for B.C. healthcare startups to not only access investment, but also tap into support and connection resources to scale their growth and impact,” said Keith Ippel, founder and co-CEO of Spring Activator, in a release.  

Starting June, the program will roll out in two parts.  

In Phase 1, the Discovery Foundation will help startups prepare for investment through its RISE Resilience: Health Investment Readiness Program. Phase 2 will host the Nimbus Synergies Health Impact Investor Challenge, where selected innovators will have the chance to connect with investors and only one will be able to secure $100,000 in capital along with a free office space.  

“By providing education, resources, and connections to purpose-driven startups, we can help accelerate their growth and impact in the healthcare industry, ultimately improving health outcomes for Canadians," added Paul Geyer, CEO Nimbus Synergies.  

To apply for the program, click here