Scale-up and Impact Investment Challenge
Health Solutions
Imaginal Ventures has partnered with the Nova Scotia Health Innovation Hub and Spring Activator to launch the 7-month Atlantic Canada Healthcare Solutions Scale-up and Impact Investment Challenge.
As a leader, you will learn how to scale your business for impact and growth and become prepared to interact effectively with investors. Gain access to $100,000 from impact investors and a network of investors for current and future investment rounds.
Cost: Sponsored
Application Deadline: June 30, 2023
Key Info: Join our information session on May 24, 2023
Program Overview
Imaginal Ventures, Spring Activators and Nova Scotia Health Innovation Hub are collaborating to bring a founder-centric ecosystem-building program. By building the capability of both ventures and investors, we accelerate the growth of businesses ready to scale.
The program will recruit 12 healthcare solutions entrepreneurs within Atlantic Canada and at least 20 investors from the Atlantic Provinces and across Canada, including the Canadian physician angel network Halo Health.
What to Expect from this Scale-up and Investment Challenge
Over the course of 7 months, our three empowering programs provide participants with the tools, skills, and knowledge to take their health solutions business to the next level.
The Imaginal Scale-Up Program is a modern and innovative 12-session virtual program that empowers founders and leaders to chart their path to success while overcoming common roadblocks hindering scaling. The program employs evidence-based techniques encouraging conscious decision-making and sustainable growth, offering participants resources, training, and networking opportunities.
The Investor Challenge, comprising six 90-minute interactive workshops, prepares purpose-driven ventures to interface with investors through peer discussions and one-to-one support.
Lastly, the 11-week Impact Investor Challenge teaches impact investing and measurement, offering opportunities for investors to invest in purpose-driven entrepreneurs.
Who Should Apply
Healthcare Solution companies in Atlantic Canada looking to raise capital from impact investors
Healthcare companies looking to access expertise to advance their growth
Entrepreneurs passionate about making the world a better place and developing solutions to address healthcare transformation in Canada and beyond
What You’ll Gain
Strategy to Scale
Your Business
Investment
Readiness
Impact
Investment
Testimonials
Johanna Mercer, CEO, Scotiaderm
“I recently participated in Imaginal’s 12-week scale up challenge with a cohort of healthcare sector companies. The hours I spent with the facilitators and other company members were the highlight of each week.
The program is a deeply thoughtful, engaging exploration of vision and values, HR, capability planning, resource allocation, branding, positioning, and growth that shone a light on our current activities and next steps.
Because Imaginal practices what it teaches, the generous and open sharing amongst participants – each at a different phase of development – was remarkable. It was a privilege to learn from them as well.
I’m very grateful to have been included and would strongly encourage anyone who wants to build a healthy, respectful, responsible, and creative business to engage with Imaginal.”
Sean Margueratt, MASc., PEng. CEO and Cofounder, DeCell Technologies Inc.
Program Milestones
Application Period: May - June 2023
Selection Period: June - July 2023
Imaginal's Scale-up Program: September 13 – November 29, 2023
Spring Activator's Investment Readiness Program: December 6, 2023 - January 24, 2024
Spring Activator's Impact Investor Challenge: January 31 - March 20, 2024
Finalist Selection: January - March 2024
Pitch Finale: January - March 2024
Ventures participating in the Healthcare Solutions Scale-up Program and Impact Investment Challenge
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Health Solutions
Imaginal Ventures has partnered with the Nova Scotia Health Innovation Hub and Spring Activator to launch the 7-month Atlantic Canada Healthcare Solutions Scale-up and Impact Investment Challenge.