The University of Alberta Health Accelerator identifies and advances early-stage health commercial opportunities derived from U of A researchers, faculty, and trainees. The Accelerator program provides an environment for health entrepreneurship ventures to build, test, validate and grow through mentorship, education & workshops, connections to resources and service providers, and a physical environment, including co-working and lab space in TEC Centre Labs (located in Enterprise Square in Edmonton's innovation corridor). This program will help entrepreneurs build their business skill set, and test and validate research and business models with the intent to support in the development of scalable businesses.
In exchange for programming, support, mentorship and space, companies will set goals and milestones to work towards through the program. Every six months participation will be reviewed and continued participation in the program will be based on setting, adjusting, and achieving milestones, attending regular monthly meetings with program manager, active engagement in the community, utilization of space, and continued commitment to commercialization. Participants that don't actively participate in the program will not be renewed. Companies can remain in the program for up to three years maximum.
Successful applicants will receive:
- Mentorship support based on identified needs
- Access to events, workshops and training including legal, regulatory, export, raising capital and DiscoveryLab business development sessions, to name a few
- Opportunities to network and be part of an entrepreneurial environment
- Guidance on navigating commercialization pathways and setting goals
- Support on accessing resources, grants, and services
- Access to UAlberta Health Accelerator space, including desk and wet-lab space
- Connected to the other participants and access to shared information through the UAlberta Health Accelerator Slack group
Intake for the UAlberta Health Accelerator program happens on May and November each year. Companies will be accepted based on capacity of the program. Those already active in the program that are showing progress and engagement will be considered for renew first, new companies will be considered following the renewal process.