Startups

6 Canadian health IT startups part of University City Science Center accelerator

The Consulate General sees Philadelphia as the ideal place to build "a global innovation hub for health IT," said Vincent Finn, the Consulate's Trade Commissioner of Life Sciences & Health IT. "Hopefully other U.S. companies and foreign entities will join us."

Office space at the University City Science Center. Photo from the Science Center website.

The Canadian Consulate General launched a three-to-six-month health IT accelerator for Canadian companies at the University City Science Center earlier this week.

The Consulate General sees Philadelphia as the ideal place to build “a global innovation hub for health IT,” said Vincent Finn, the Consulate’s Trade Commissioner of Life Sciences & Health IT. “Hopefully other U.S. companies and foreign entities will join us.” (At least one effort agrees with the Consulate General: DreamIt Venturesnew DreamIt Health accelerator.)

The aim of the Canadian Technology Accelerator, which will host six Canadian companies in its first class, is to get the participating startups to open Philadelphia offices, Finn said. Finn also encourages the startups to form partnerships with Philly companies that can help them with their export strategy.

The Canadian Consulate General has opened similar accelerators in other U.S. cities, including New York City, San Francisco and Boston, but the Philly version is the only health IT-focused one.

When asked why he believes in Philly as a hub for health IT innovation, Finn cited the city’s academic teaching hospitals, research centers and universities and pharma and life science companies.

Why would one country encourage its businesses to open up shop in another? Partnerships can be profitable, as well as job-creators.

“Canada and the United States are each other’s most important trading partners with bilateral trade between Pennsylvania and Canada exceeding $24 billion annually and already generating over 300,000 Pennsylvania jobs,” Finn said in a release.

The Consulate General will fund six more companies for a second class of the accelerator in the fall. If it’s successful, the program will continue, Finn said.

According to the release, the six startups in the first class are:

  • Caristix transforms data flow and interoperability for hospitals
  • Hospitalis is working to improve clinical processes throughout the care continuum
  • Infonaut offers real-time clinical information hospital infection prevention and control
  • Memotext is developing evidence-based personalization of patient compliance interventions
  • Pulseinfo Frame offers database-driven informatics for disease management and clinical workflow improvement
  • Sensory Tech is developing telemedicine solutions for in-home hospice care services
Companies: University City Science Center

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

Our services Preferred partners The journalism fund
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Trump may kill the CHIPS and Science Act. Here’s what that means for your community.

Election results: Live updates on presidential, Senate, House and PA races

Technical issues at the polls hit Pennsylvania, county extends voting hours

14 tech community events to be thankful for in November

Technically Media