Invest Nova Scotia has announced the nine medtech companies participating in the 2023-2024 cohort of Scale-up Hub: Cambridge, its cross-border business development accelerator.
The nine-month program is funded mainly by the Atlantic Trade and Investment Growth Strategy — a joint initiative between the federal government and the four Atlantic provinces that plans to spend $20 million by 2027.
Originally created in 2018 by Nova Scotia Business Inc., the Scale-up Hub suite of programs, which has previously offered similar services for startups looking to develop a presence in Atlanta, Georgia, encourages Atlantic Canadian companies to spend extended periods south of the border with the aim of gaining clients and developing a regional network.
It includes 10 months of services from an American business development professional to help founders make local connections, as well as office space in the life sciences hub of Cambridge, Massachusetts, and costs C$2,300 plus tax.
Here’s a look at the companies:
VeroSource Solutions
Fredericton
Mark McAllister
VeroSource sells SaaS software and data management products to public and private clients in the digital healthcare space.
PolyUnity
St. John’s
Jacqueline Lee
PolyUnity uses agile manufacturing to help develop and make products for hospitals.
Swiftsure
Pasadena, NL
Deanne McCarthy
Swiftsure is developing medical devices that aim to improve oral care for critically ill patients on ventilator systems.
TxtSquad
St. John’s
Josh Taylor
TxtSquad is a text messaging automation platform for applications like healthcare and municipal governance.
MIMOSA Diagnostics
Halifax
Dr. Karen Cross
Halifax plastic surgeon Cross founded MIMOSA to develop a handheld device for identifying wounds, such as bedsores via ultraviolet light before they become visible to the naked eye.
Mobia Health Innovations
St. John’s and Halifax
Rob Lane
A sister company to software business Mobia Technology Innovations, MOBIA Health sells software for cardiologists, ER doctors and medical offices for triage and scheduling.
Tenera Care
Stewart Hardie
Halifax
Tenera has developed a system to use wearable devices to track the movements of seniors in residential care homes.
The Rounds
Halifax
Tim Rice
The Rounds is a private social network for healthcare professionals.
Virtual Hallway
Halifax
Justin Hartlen
Virtual Hallway is an online platform to streamline the administratively burdensome process of scheduling and documenting specialist consultations for physicians.
