How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is 2024-06-12T20:56:46Z.

Who are the financial supporters of the CAN Health Network?

CAN Health Network is funded by CAN Health Network

What are CAN Health Network's eligibility criterias?

The applicant must be a Canadian health technology company. Companies should be mid-to-late stage ventures focusing on market-ready challenges.

CAN Health Network

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Canada

Medical technology development opportunities for SMEs

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grant_single|openingDate July 9, 2023
grant_single|closingDate June 12, 2024

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Expert Advice

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Health care and social assistance

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CAN Health Network

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Get paired with a health care organization in this national network and get access to facilities in order to develop, refine and commercialize a solution to a major health care challenge.

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This grant supports Canadian health innovation companies by providing an integrated and receptive marketplace to help overcome access barriers and stimulate economic growth. It focuses on initiatives that foster collaboration between the health system and technology companies to develop innovative healthcare solutions.

Participation in health care sites to demonstrate and validate technology innovations.
Embedding mid-to-late stage ventures in a health region or authority for solution development and testing.
Scaling successful products across the CAN Health Network through innovative procurement models.
Engaging with health operators across Canada to address shared technological challenges and priorities.
Leveraging the established demand in the marketplace to fast-track company growth.
Utilizing insights and mentorship opportunities from participating in the Network’s cooperative placement sites.

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$ 360,000

Creating an online mental health support platform for youth

$ 500,000

Development of wearable devices to monitor cardiovascular health

$ 280,000

Implementation of a telemedicine platform to improve rural healthcare access

$ 400,000

Development of an AI-based diagnostics tool for early cancer detection

$ 384,000

Developing a platform for remote monitoring of elderly patients

$ 416,000

Launching a mobile app to manage chronic diseases

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Eligibility for this grant is focused on supporting Canadian health technology companies in overcoming access barriers and scaling their operations.

The applicant must be a Canadian health technology company.
The company should be mid-to-late stage, ready to embed into a CAN Health Network Edge.
The technology solutions proposed should address market-ready challenges identified by the CAN Health Network.
The company must be ready to operate within the procurement guidelines established by the Network.
The applicant should have products with potential for scaling across the CAN Health Network.

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Innovative Canadian health technology companies that are seeking to scale their operations and need access to an integrated and receptive marketplace can apply to join the CAN Health Network. These companies benefit from opportunities to overcome structural barriers, gain insights and mentorship, and access buyer sites within the national health care system.

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The CAN Health Network facilitates projects that aim to remove barriers to market access for Canadian health technology companies. Eligible projects emphasize scaling technologies and creating job opportunities while addressing systemic healthcare challenges.

Embedding ventures into health region Edges to address market-ready challenges.
Utilizing innovative procurement models for scaling solutions across the network.
Facilitating collaboration between health systems and technology companies for joint problem-solving.
Providing technology demonstration opportunities and customer insights for companies.
Coordinating regional needs and opportunities across provincial networks.

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The CAN Health Network consists of two regions encompassing five provinces in Canada. This regional model facilitates collaboration across boundaries to address shared challenges and opportunities.

Companies located in specific regions that are part of the CAN Health Network's two-region model.
Organizations operating within the five Canadian provinces involved in the network.

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There are evaluation and selection criteria for this grant, as outlined below:

Alignment with the objectives of the CAN Health Network
Demonstrated potential for economic prosperity and job creation
Innovative solutions and scalability
Market readiness and customer insights
Regional needs and opportunities recognition

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Registration and Eligibility

Create an account on the CAN Health Network website.
Check your company's eligibility against the CAN program criteria.

Preparing the Application

Draft a detailed project proposal describing your health technology and its benefits.
Include information about potential scaling and planned partnerships (Edge).
Attach all necessary supporting documents, such as the proposed budget and relevant case studies.

Submitting the Application

Access the submission portal of the CAN Health Network.
Upload all requested documents on the online platform.
Finalize and submit the application before the indicated deadline.

Follow-Up on the Application

Receive an email confirmation stating that your application has been received.
Monitor communications from the Network for any updates regarding the status of your submission.

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Here are additional relevant details for this grant:

Successful products in the Edge model are adopted within that Edge and can be scaled across the network.
The CAN Health Network facilitates collaboration across regional boundaries.
Mid-to-late stage ventures are expected to embed with an Edge for up to a year.
The Network leverages existing procurement guidelines to accelerate growth.