June 14, 2017

Event Reminder: Grant 4 Apps is coming to Matheson (June 15th): Bayer Canada & CATAAlliance

eventGrant 4 Apps: Register Today as Our Guest

Last month, Bayer Canada held its first annual Grants4Apps® Toronto pitch competition at their Canadian headquarters in Mississauga, ON as part of the competitive process to find the best digital health startups for the new open innovation program.

Similar to the TV show Dragon’s Den, several healthcare startups pitched their ideas to a panel of judges, hoping to win up to $10,000 in grants, as well as advice and mentorship from Bayer experts. Through this program, Bayer looks to sponsor novel software, hardware, technologies, or processes that can be applied on particular areas contributing to improve health outcomes or pharmaceutical processes.

Grants4Apps is a global program, sponsored and backed by Bayer. Along with financial support and mentorships, the program also provides selected startups with a co-working location for 88 days beginning June 12at our headquarters in Mississauga.

Launched in January of 2017 in Canada, dozens of startups and developers submitted their ideas. However, only a handful were selected and given the opportunity to present their ideas in front of a panel of judges. The judges rated each start up in several categories, including:

·         business concept
·         sustainability
·         feasibility
·         uniqueness of the idea
·         human need
·         business need
·         expertise of team
·         quality of pitch
·         team maturity, and
·         consumer fit

The panel of judges included two external judges, Rick Spence, National Entrepreneurship Columnist, Financial Postand Melloney Campbell, Founder & Startup Community Lead, Startup Peel, along with three Bayer representatives, Josh Silvertown, Shurjeel Choudhri and John Smid. Members of Bayer’s Canadian leadership team also watched the presentations and aided with the decision making process.

After careful deliberation, the three startups that are awarded the grants are:

·         Avro Life Science – A preclinical stage, over-the-counter, medicated skin patch that is being developed to deliver seasonal allergy medicine without the hassle of pills and syrups.

·         Mozzaz Patient Engagement For Complex Care – Provider-led patient engagement app that collects quantitative and qualitative data in active and passive sources for data correlation and predictive analytics, which is being developed for use in clinical trials.
·         HeartWatch – a wrist-based device that uses proprietary ECG technology to detect minor and major heart events, automating emergency response and allowing doctors to monitor patients at home, which is currently being investigated in clinical trials.
On June 15, 2017, please join us at the Matheson cafeteria to celebrate and welcome our Grants4Apps Toronto startups to Bayer!

5:00 – 5:30 – Networking with light refreshments
5:30 – 6:30 – Startup Presentations
6:30 – 7:00 – Cake cutting and networking
If you are able to attend please contact Jessica.confalone@bayer.com with your first name, last name and mobile number(for security puposes) by June 14th 2017.