New national initiative will support innovative AgeTech companies

AGE-WELL is proud to be partnered with MEDTEQ+ on a new initiative named envisAGE that will advance Canada’s AgeTech innovation ecosystem. The federal government is investing $47 million through its Strategic Innovation Fund (SIF) to support the $154 million envisAGE network, which is co-lead by MEDTEQ+ and AGE-WELL.

The announcement was made today by the Honourable Jean-Yves Duclos, Minister of Health, on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry. Read the news release here.

“AGE-WELL is pleased to be part of envisAGE, which will help Canadian companies grow, scale their enterprises and get their products more quickly into people’s hands. This investment will expand Canada’s AgeTech ecosystem and catalyze greater technology adoption,” says Dr. Alex Mihailidis, Scientific Director and CEO of AGE-WELL.

“We must also continue AGE-WELL’s work to drive research excellence that will feed the innovation “pipeline” and ensure the ecosystem thrives for years to come.”