Scale-up and Investment Program
Health Solutions
Imaginal Ventures has partnered with the Nova Scotia Health Innovation Hub and SUMS Capital to launch the seven-month Atlantic Canada Healthcare Solutions Scale-up and Investment Program.
As a leader of a healthcare solutions venture, you are preparing for the next phase of growth of your business by focusing on commercialization, revenue generation, and growing your team. In this Program you will learn how to scale your business for impact and growth and become prepared to interact effectively with investors. The Program is designed to address the challenges experienced in transitioning from a focus on product market fit to demonstrating the commercial viability of your business.
Cost: Sponsored
Application Deadline: July 26, 2024
Program Overview
Through the Atlantic Canada Healthcare Solutions Scale-up and Investment Program you will be introduced to a system that enables you to create an overarching strategy for sustainably scaling your business via the implementation of appropriate business systems and building your leadership team. The program will help you get ready to attract investment to support your growth plans and provide you with access to networks of qualified and curated investors. In addition to group sessions, you will be provided with customized, one-on-one coaching and support that will prepare you for attracting and presenting to investors.
This time spent working on your business will increase your confidence, inspire you, and result in an increased chance of success in attracting investment for your business.
This virtual seven-month training, coaching, and experiential learning program helps you as a healthcare founder chart your path to success. You will:
- Build the capability to scale your business
- Navigate roadblocks that typically prevent companies from building capacity
- Be prepared to raise additional investment and relate to investors
- Access funds that support healthcare ventures
Who Should Apply
To apply, you will have already:
- Raised dilutive financing
- Proven your product-market fit
- Developed an understanding of your business model
- Identified team leads
Founder(s) are eligible even if they have already participated in incubator or accelerator programs. The aim is to provide support to founders and leaders who need to develop their operating system and funding knowledge in order to scale efficiently.
This program is for committed founders who are willing and able to take part in weekly group sessions, attend individual coaching opportunities and complete the assigned weekly fieldwork.
What to Expect
You will learn how to overcome the challenges experienced as you transition from a product market fit focus to demonstrating the commercial viability of your business.
The Program provides you with the opportunity to work on your business and invest in yourself and your team. You will also have the opportunity to interact and collaborate with a community of like-minded entrepreneurs.
The Program is comprised of three innovative programs:
The Scale-up Program provides you with the
-
-
- resources, training, tools, and networking opportunities needed to focus on scaling your business.
- support you and your leadership team to design, develop, and then implement strategies that will create sustainable growth.
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The Investment Readiness Program provides you with
-
-
- clarity required to develop your business model and financial model, build your team, and prepare for due diligence.
- preparation for communicating with investors at this level of raising capital as you become “investment ready”.
-
Curation of Funds
a unique program that
-
-
- Identifies investors/funds committed to supporting healthcare founders as they prepare for funding.
- Matches and introduces qualified ventures to the investors/funds.
-
The Scale-up Program
provides you with the
-
-
- resources, training, tools, and networking opportunities needed to focus on scaling your business.
- support you and your leadership team to design, develop, and then implement strategies that will create sustainable growth.
-
The Investment
Readiness Program
provides you with
-
-
- clarity required to develop your business model and financial model, build your team, and prepare for due diligence.
- preparation for communicating with investors at this level of raising capital as you become “investment ready”.
-
Curation of Funds
a unique program that
-
-
- Identifies investors/funds committed to supporting healthcare founders as they prepare for funding.
- Matches and introduces qualified ventures to the investors/funds.
-
Hear From Our Participants
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.
What You’ll Gain
Strategy to Scale
Your Business
Investment
Readiness
Access
to Investors
How to apply
We are recruiting healthcare solution companies in Atlantic Canada to participate in this program between September 2024 and March 2025.
The following are the mandatory requirements for applying
Submit
Your pitch deck
A video about you – download the guide outlining the expected content
The completed additional information form downloaded from this website
Application: Closes July 26, 2024
Selection: July 2024
Scale-up and Investment Program: September 2024 to February 2025
Curation of Funds: October to March 2025
All applications will be assessed by the Selection Committee comprised of Imaginal Ventures and a few of the investors who could potentially be investing in the qualifying ventures.
Ventures who have participated in the Healthcare Solutions Scale-up Program and Impact Investment Challenge 2023-2024
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Imaginal Ventures invites Canadian women innovators to take part in this virtual 7-month training, coaching, and experiential learning program to help scale up and meet their venture capital development goals.
Application Deadline: June 21, 2024
Scale-up and Investment Challenge
Atlantic Cleantech
Imaginal Ventures has partnered with Foresight CAC and Spring Activator to launch the 8-month Atlantic Canada Cleantech Scale-up and Impact Investment Challenge.
Application Deadline: March 17, 2023
Scale-up and Investment Program
Health Solutions
Imaginal Ventures has partnered with The Nova Scotia Health Innovation Hub and SUMS Capital to launch the seven-month Atlantic Canada Healthcare Solutions Scale-up and Investment Program.
As a leader of a healthcare solutions venture, you are preparing for the next phase of growth of your business by focusing on commercialization, revenue generation, and growing your team.