Dal startup space partners with province to boost biomedical innovation – $650,000 to support Faculty of Engineering – The Government of Nova Scotia is investing $650,000 to support additional capacity in the Emera ideaHUB’s ideaBuild program.
One of Dalhousie’s key facilities for startup development will double the number of companies in its flagship program over the next three years thanks to new financial support from the Government of Nova Scotia.
Dalhousie’s Emera ideaHUB will receive $650,000 to boost the number of startups enrolled in its ideaBuild program each year, with a particular focus on increasing the number of firms focused on biomedical technology innovation in the province.
“This investment is a wonderful example of the power of partnership and collective vision in advancing critical initiatives for the betterment of our province, including innovation and entrepreneurship and enhanced health care for all Nova Scotians and beyond,” said Dr. John Newhook, dean of Dalhousie’s Faculty of Engineering, at an announcement event Tuesday (May 7) in the Emera ideaHUB space.
The funding will facilitate the addition of a second annual cohort in the space on Dal’s downtown campus each spring, welcoming 10 new startup companies focused on health care-related products and tech to complement the ten startups enrolled in the program’s fall cohort.
The ideaBUILD program helps ventures in the deep-tech space those building physical products develop functional prototypes. (Read More : 9 Employee Education and Development: Pillar of Organizational Pulse)
The announcement reflects the aligned priorities of the provincial government and Dalhousie in improving health care and health innovation within Nova Scotia.
“With the right people, the right resources and the right environment, we can achieve great things,” said the Honourable Susan Corkum-Greek, Nova Scotia’s minister of economic development, at the funding announcement.
“Education, industry, and quality of life are intertwined. This government knows that, and that’s why we’re investing in innovation in startups and in research and development.”
“By investing in high-tech solutions and the biomedical sector, we are supporting innovation and job growth, while also making improvements in healthcare,” she added.
Building viable businesses biomedical innovation
The province’s funding will provide up to $10,000 to startup founders for purchasing materials they need to design, build, and prepare for manufacturing.
For founders in the biomed sector, the program also involves collaboration with the Faculty of Medicine, LifeSciences NS, and the Nova Scotia Health Authority, ensuring alignment with the province’s top healthcare priorities and leveraging expertise in the field.
Combined, these resources guarantee founders successfully navigate customer discovery and validation.Erin O’Keefe Graham, director of the Emera ideaHUB.
Conclusion article Dal startup space partners with province to boost biomedical innovation – $650,000 to support Faculty of Engineering
The Government of Nova Scotia is investing $650,000 to support Dalhousie University’s Emera ideaHUB’s ideaBuild program. This funding will enable the program to double its capacity, admitting 20 startups annually over the next three years, with a focus on biomedical technology innovation. The support aims to foster innovation and job growth in the province, enhancing healthcare through high-tech solutions. The investment will provide startup founders with up to $10,000 for materials and will involve collaboration with the Faculty of Medicine and Nova Scotia Health Authority to align with provincial healthcare priorities.
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