The UK Canada AgeTech Innovation Exchange, a program funded by Innovate UK that includes AGE-WELL as one of its Canadian partners along with CABHI, has launched a competition to support businesses with innovative products that improve the health and wellbeing of older adults in the UK and Canada.

Companies from across the two countries that have an innovation that addresses key healthy aging needs priorities and have a credible evidence base 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.

“AGE-WELL is proud to be a founding member of the UK Canada AgeTech Innovation Exchange programme and to support this important new competition, which aligns with our mission to accelerate the delivery of technology-based solutions for healthy aging, while generating social and economic benefits,” said Dr. Alex Mihailidis, Scientific Director and CEO of AGE-WELL, Canada’s technology and aging network.

“AGE-WELL has a track record of collaborating with stakeholders in the UK, and we are excited to create additional opportunities for Canada’s AgeTech startups. The combined support of each of the organizations involved in the Innovation Exchange will help innovative startups to succeed in a new country, enhancing the lives of older adults everywhere.”

The program 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.

The competition opens on January 3, 2023 and closes on February 3, 2023. The winners will be announced in March. For more information, read the press release.