...
  • About
  • Terms of Use
  • Privacy Policy
  • Contact
  • RSS
  • en_USEnglish
    • fr_FRFrançais
    • es_ESEspañol
Friday, March 24, 2023
  • Login
  • Register
THX News | Global News, Travel & Education.
Find Weird and Wonderful Books at AbeBooks
  • USA
  • Canada
  • Central America
  • South America
  • Europe
  • Middle East
  • Africa
  • Asia
  • Oceania
No Result
View All Result
THX News | Global News, Travel & Education.
  • USA
  • Canada
  • Central America
  • South America
  • Europe
  • Middle East
  • Africa
  • Asia
  • Oceania
Comtact Us
THX News | Global News, Travel & Education.
No Result
View All Result
Home News World News North America Canada

Canada to Invests in MEDTEQ+ Technology & Innovation for Senior Citizens.

The investment will support Canadian companies in developing, commercializing and launching new technologies.

picturebox1 by picturebox1
4 months ago
in Canada
Reading Time: 5 mins read
0 0
A A
Donate
Canadian funding announcement. Photo by Queen's University. Flickr.

Canadian funding announcement. Photo by Queen's University. Flickr.

6
VIEWS
Share on FacebookShare on TwitterShare on Pinterest

Table of Contents

  • Introduction.
  • Official Statement by the Government of Canada.
  • Quotes.
  • Quick facts.

 

Introduction.

MEDTEQ is a Canadian organization, established in 2005 and based in Montreal, that focuses on the commercialization of medical technologies. Its goal is to develop innovative products, services and processes related to the medical sector that can be brought to market.

The organization works with multiple partners across the country including universities, research institutes and private industry which contributes to its success. MEDTEQ also provides funding for businesses related to medical technology development as well as offering a range of other services such as talent recruitment, intellectual property protection and product commercialization.

Due to their dedication and commitment to helping advance medical technology within Canada, MEDTEQ has been awarded numerous awards over the years from organizations such as “Canada’s Top 100” by Maclean’s Magazine and The Globe & Mail’s “Startup 50”.

 

Official Statement by the Government of Canada.

The Government of Canada is committed to investing in companies that develop groundbreaking technologies and innovative solutions that benefit Canadians, especially seniors, and enable them to take care of their health as well as maintain their independence and lifestyle.

Today, the Honourable Jean-Yves Duclos, Minister of Health, on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced an investment of $47 million through the Strategic Innovation Fund to support MEDTEQ+’s $154 million envisAGE Network, established with network co-lead AGE-WELL (a national network that develops technology and services for healthy aging).

This contribution will bring together industry, health experts and investors to launch up to 100 projects to scale up and commercialize technologies, developed by small and medium-sized enterprises (SME), that are ready for national and global market adoption.

The Canadian population aged 65 and older is expected to double between 2009 and 2036. MEDTEQ+, in partnership with AGE-WELL, will collaborate in advancing Canada’s AgeTech ecosystem by developing, validating and demonstrating technologies to help seniors and their caregivers succeed when facing challenges related to aging in place.

Technological innovations include digital health technologies and artificial intelligence enabling remote patient monitoring, data analysis and connections to health care providers through telehealth and virtual medicine.

MEDTEQ+’s and AGE-WELL’s goal is to accelerate the innovation of Canadian medical technologies and promote the creation and development of new technologies. Through the envisAGE Network, MEDTEQ+’s and AGE-WELL’s priorities will be to fund projects focusing on seniors’ autonomy, cognitive health, healthy lifestyle and connectivity. envisAGE aims to create 500 new jobs, support SMEs and secure new investments in companies in this field.

 

Quotes.

“Today’s investment will help lead to the creation of new Canadian technologies that will bring significant benefits to our seniors and their families. These technologies will offer seniors the tools they need to take care of their health and maintain their independence and lifestyle later in life. Through this investment, MEDTEQ+, in partnership with AGE-WELL, will bring together investors, companies and other experts to help reduce health care costs, while also allowing Canadians to stay where they are most comfortable—at home.”
– The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

“Canadians want to age closer to home and family. To do so, they should have access to the safe, quality health care they need and deserve. Initiatives such as MEDTEQ+ that use technology will not only help Canadians age at home but they will also improve health care services for our aging populations through health data and digital health.”
– The Honourable Jean-Yves Duclos, Minister of Health

“The Government of Canada is committed to supporting seniors who wish to age in place for as long as they can while receiving the care they need. Our investment in MEDTEQ+ will support new projects and technologies that will directly help seniors and their caregivers to work through the challenges of aging-in-place. Seniors deserve to live in dignity and this investment aligns with our efforts to give seniors the care they deserve while aging at home.”
– The Honourable Kamal Khera, Minister of Seniors

“MEDTEQ+ is proud to lead this audacious initiative that will mobilize our strong technological, social and entrepreneurial pool of talents to address the challenge of aging in Canada and around the world. We understand the relevance and pressing need to support the adoption of high-impact solutions in improving the quality of life of older adults through the innovations of 100 SMEs bound for international markets. Together with AGE-WELL, our vision for the envisAGE Network is to help transform our way of aging and become a source of economic and social benefits of international significance.”
– Diane Côté, Chief Executive Officer, MEDTEQ+

“AGE-WELL is pleased to be co-leading the envisAGE Network with MEDTEQ+. This initiative will help Canadian companies grow, scale their enterprises and get their products more quickly into people’s hands. The investment announced today will advance Canada’s AgeTech innovation ecosystem by supporting the commercialization and adoption of technologies. AGE-WELL will continue to advocate for support for cutting-edge research that feeds the innovation pipeline, ensuring that this AgeTech ecosystem will thrive for years to come.”
– Dr. Alex Mihailidis, Scientific Director and Chief Executive Officer, AGE-WELL

 

Quick facts.

  • MEDTEQ+ is a not-for-profit organization located in Montréal, Quebec, and was established in 2010 with the mandate to accelerate the development of innovative Canadian health care technologies.
  • AGE-WELL is a not-for-profit pan-Canadian network dedicated to the development and delivery of technologies, services, policies and practices that benefit older adults and caregivers.
  • The envisAGE Network will create a national aging innovation ecosystem to improve Canada’s competitiveness and support industry partners as they commercialize new technologies supporting the aging population and its caregivers.
  • The envisAGE Network already receives financial support from over 90 organizations across six provinces pledging $85 million, and it will increase its membership to more than 400 organizations over the next six years.

 

Sources: THX News, Canadian Government, MEDTEQ+, Age Well & Strategic Innovation Fund.

Tags: AGE-WELLGovernment of CanadaMedical CareMEDTEQ+Minister of HealthSenior Citizens
picturebox1

picturebox1

I'm Ivan Alexander Golden, Founder & CEO of THX News. A dual national, British-American based in Tucson, Arizona. Proud husband and father to 6.

With THX News, I'm driven to bring you the latest news with passion and point-of-view that is both original and trustworthy.

Related Posts

Canadian money is pretty! Photo by rick. Flickr.
Canada

Canadian Finance Minister Outlines 2023 Budget

March 21, 2023
SAIGON 1968 - Vietnam child soldier. Photo by Manhhai. Flickr.
Canada

Canadian Leaders Pledge to End Use of Child Soldiers

February 12, 2023
39 Battalion Canadian Expeditionary Force at Belleville on parade ready to leave for overseas. Photo by Nash Gordon. Flickr.
Canada

WWI Corporal Percy Howarth Remains Found in Vendin-le-Vieil, France

January 23, 2023
January sunset on Great Bear Lake. Photo by Sahtu Wildlife. Flickr.
Canada

Canadian Government Takes Steps to Help Indigenous Peoples Around Great Bear Lake.

December 17, 2022
Mélanie Joly announcement. Photo by Pierre5018. Wikimedia.
Canada

New Canadian Sanctions on Russian, Iranian & Myanmar.

December 10, 2022
Banner at Montreal's Ring as COP15 Begins. Photo by Toma Iczkovits. Greenpeace.
Canada

COP15 Canada Greenpeace Drops Banner in Montreal.

December 10, 2022

History

The Surprising Impact of Hernando Corte’s Conquests

by Tuhin Hossain
January 21, 2023
0
Hernan Cortes. Photo By José Lira. Flickr.

  Hernando Corte's conquest of the Aztec Empire in 1521 is considered one of the most significant events in world...

Continue Reading

Discovering Chairman Mao: Unshackling the Chinese People

by picturebox1
March 23, 2023
0
30 Dec 1972 - Chairman Mao Meets Foreign Minister Nguyen Thi Binh. Peking, China by Manhhai. Flickr.

  Introduction Chairman Mao Zedong was a revolutionary leader who changed the course of Chinese history. He led the Chinese...

Continue Reading

Exploring the Life and Legacy of Francisco Pizarro

by Tuhin Hossain
January 20, 2023
0
Estatua de Francisco Pizarro. Photo By Rogelio_Gómez. Flickr.

  Francisco Pizarro is one of the most famous and influential figures in the history of the Americas. His actions...

Continue Reading
AbeBooks.com. Thousands of booksellers - millions of books.

Asian Travel

PNP Nearing Capture of Degamo Slay Culprits

by picturebox1
March 24, 2023
0
Task Force Degamo updates. Photo by Philippine National Police.

  The Philippine National Police (PNP) said it is now focusing its investigation on so-called "main players" who have assisted...

Continue Reading

USAID Pumps in Extra $10M After Mindoro Oil Spill

by picturebox1
March 24, 2023
0
USAID Philippines Mission Director Ryan Washburn hands over donations to Oriental Mindoro Governor Humerlito “Bonz” Dolor and Calapan City Mayor Marilou Morillo. US Embassy in the Philippines.

  The United States government is providing an additional PHP10 million (USD183,700) in assistance to support Oriental Mindoro’s oil spill...

Continue Reading

Cambodia SEAG Torch Relay Comes to Tagaytay City

by picturebox1
March 22, 2023
0
Quần Ngựa Sports Palace, Sea Games 2021. Photo by AxitTDTbenzoic. Wikimedia.

  Tagaytay City will host the Philippine leg of the torch relay for the Cambodia 32nd Southeast Asian Games on...

Continue Reading
American National Standards Institute Inc.

Middle East News

16 Days of Activism: Gender awareness and sensitivity in Palestinian media

by picturebox1
February 5, 2023
0
Photo by UNODC. United Nations.

  As part of the UN Secretary-General’s campaign for 16 Days of Activism against Gender-Based Violence 2022, entitled “UNITE! Activism...

Continue Reading

United States and Qatar Sign Letter of Intent on Bilateral Cooperation.

by picturebox1
December 9, 2022
0
President Biden, with Secretary of State Anthony Blinken. Photo by PACOM. Flickr.

  Official US Government Statement. Secretary Blinken and Deputy Prime Minister and Foreign Minister Mohammed bin Abdulrahman bin Jassim Al...

Continue Reading

World Cup Qatar 2022™ FIFA Legacy Fund Announced.

by picturebox1
December 9, 2022
0
FIFA World Cup Qatar 2022™ Legacy Fund to benefit people most in need. Photo By FIFA.

  FIFA President Gianni Infantino has announced that the FIFA World Cup Qatar 2022™ Legacy Fund will take a more...

Continue Reading
THX News | Free News, Travel & Education

THX News is a global news, travel & education website that was created to helping people all over the world get free access to information.

We believe that everyone has a right to know what is happening in the world and we are on a mission to make sure that everyone has access.

THX News includes up-to-date news stories from around the globe, interesting travel articles, and helpful educational resources.

We are committed to providing our readers with accurate and reliable information and we will continue working hard to be the go-to source for news, travel, and education.

Latest & Breaking

Task Force Degamo updates. Photo by Philippine National Police.

PNP Nearing Capture of Degamo Slay Culprits

March 24, 2023
USAID Philippines Mission Director Ryan Washburn hands over donations to Oriental Mindoro Governor Humerlito “Bonz” Dolor and Calapan City Mayor Marilou Morillo. US Embassy in the Philippines.

USAID Pumps in Extra $10M After Mindoro Oil Spill

March 24, 2023
Members debate and vote on the EU-UK withdrawal agreement. Photo by European Parliament. Flickr.

Windsor Framework – EU and UK Come Together to Allow NI Trade

March 24, 2023
Malawi villages along a flooded creek. Photo by Lars Plougmann. Flickr.

Cyclone Freddy: UK Increases Support to Malawi

March 23, 2023

Categories

Archives

Article Search

No Result
View All Result
  • About
  • Terms of Use
  • Privacy Policy
  • Contact
  • RSS
  • en_USEnglish

© 2023 THX News LLC.

No Result
View All Result
  • News
  • Travel
  • Education
  • About Us
  • Help
  • Contact
  • Login
  • Sign Up

© 2023 THX News LLC.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.