In August 2020, the Centre for Aging + Brain Health Innovation (CABHI) launched a Call for Innovations for its Mentorship, Capital and Continuation (MC2) program, presented in partnership with National Bank. MC2 Market Readiness sought early-stage companies creating solutions for aging adults in the healthtech space. The program addresses critical innovation gaps, not only by providing early-stage companies with direct access to two leading global accelerators, CABHI and Berkeley SkyDeck, but also by helping companies unlock funding to achieve their specific business milestones.
More than 50 companies applied, which indicates a thriving Ontario healthtech sector invested in building solutions for aging adults. Given that the pandemic has had a disproportionate impact on older adults’ lives, it is encouraging to see the scope of companies tackling these needs in-depth.
Semi-finalists were invited to pitch last autumn, and now CABHI is proud to announce the program’s six winning companies. They are currently (and virtually) participating in Berkeley SkyDeck, which offers access to the Silicon Valley ecosystem and a Pitch Showcase event, at which CABHI’s innovators may have the opportunity to pitch their solution to world-leading investors, buyers, industry leaders, and advisors. Typically, two out of every three companies that participate in this Pitch Showcase receive venture funding to scale and grow.
Read the entire article here https://www.cabhi.com/blog/meet-the-finalists-of-cabhis-2020-mc%C2%B2-market-readiness-program/
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