The UK Canada AgeTech Innovation Exchange has launched a competition to support businesses with innovative products that improve the health and well-being of older people in the UK and Canada.
Companies from across the two countries can apply for funding to participate. Eight winning companies from the UK and up to five from Canada will be selected to take part in an in-person international exchange visit. In addition, up to 25 companies from each country will be invited to join virtual programmes designed to help define and develop their value proposition.
The competition opened on January 3 and applications will be accepted until February 3, 2023. Winners will be announced in March.
Companies can apply for the Innovation Exchange and find out more information here.
The successful businesses will be supported by UK and Canadian experts with in-depth knowledge of the healthy ageing innovation ecosystems within each country, from national healthcare providers, academia and industry.
Companies that have an innovation that addresses key healthy ageing needs, and have a credible evidence base, can apply. The competition priorities are:
- Ageing at Home
- Health Care and Health Service Delivery
- Cognitive and Mental Health
- Autonomy and Independence
The focus is on innovative solutions that are either in market or ready to be tested/ validated in a real-world setting, have a perceived or potential significant positive impact on a healthcare priority and are export ready.
The programme is funded by Innovate UK and includes the following partners: Department for International Trade; the four northern Academic Health Science Networks (AHSNs) from the UK – Health Innovation Manchester, Yorkshire and Humber AHSN, Innovation Agency (North West Coast AHSN), AHSN for the North East and North Cumbria; and AGE-WELL and CABHI from Canada.