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Alberta Innovates Launches $4.25 Million IDEATE Program to Accelerate Digital Health Innovations

May 30, 2024 by Robert Lewis Leave a Comment

Today at the Inventures conference in Calgary Alberta Innovates announced funding for a new program called IDEATE – the Innovative Digital Engagement and Tech Evaluation in Alberta.

Developed in partnership with Prairies Economic Development Canada, IDEATE promises to help innovators find technology testers and validators that will help advance their ideas into the marketplace quickly and efficiently.

IDEATE connects health technology innovators with early adopters eager to test cutting-edge solutions. The program aims to bridge the gap in technology evaluation by providing real-world feedback on user experience, usability and utility.

A total investment of $4.25 million investment, which includes over $2.1 million from PrairiesCan, underscores a commitment to creating new pathways that get innovations to market faster.

The digital direct-to-consumer health market is valued at over $310 billion. IDEATE will not only support economic growth and diversification but also strengthen Alberta as a global leader in digital health.

Leveraging digital tools and best practices IDEATE will allow users to interact with emerging technologies, fostering evidence-informed decision-making and building public trust in healthcare innovations.

Filed Under: News Tagged With: Alberta Innovates, Prairies Economic Development Canada

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