Over $4 million to establish the 8-80 Collaborative, a partnership to drive new health technologies
Canada is a global hub for life sciences, thanks to our strong research and development (R&D) ecosystem, highly skilled professionals, top-tier academic institutions, and many opportunities for research collaboration and skills development. The Government of Canada is investing in the potential of businesses and entrepreneurs who are developing innovative health technologies to provide care Canadians deserve.
Today, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), joined by the Honourable David McGuinty, Member of Parliament for Ottawa South, the Honourable Mona Fortier, Member of Parliament for Ottawa-Vanier and Marie-France Lalonde, Member of Parliament for Orléans, announced an investment of over $4 million for the Children's Hospital of Eastern Ontario Research Institute (CHEO RI), in partnership with Bruyère, to establish the 8-80 Collaborative.
CHEO RI is a not-for-profit corporation that connects talent and technology to find life-changing solutions for every child, youth and family in Ottawa and beyond. With this investment, the organization will work with Bruyère to bring together regional representatives and early-stage innovations from Eastern Ontario's health professionals with companies delivering health solutions for patients from youth to older adults.
Through the four-year project, CHEO RI and Bruyère will work together to provide innovators with coaching and mentorship, seed funding and access to other health innovation supports. They will also work to help innovators in the early stages of product development with planning, industry networking and seed funding.
By project completion, the 8-80 Collaborative is expected to support over 30 businesses, provide training and mentorship for 50 people and create over 85 jobs.
