Program description
This personalized support program aims to strengthen medtech SMEs R&D strategy, to increase their competitiveness and facilitate their market entry. The program consists of a bank of 40 hours for each selected company, including 25 hours of expertise and direct coaching, the average duration of the program being 3 months.
Objectives
- Support innovation and accompany SMEs all over Canada in the medical technology sector.
- Identify business opportunities that can generate new revenue over 1, 3 and 5-year horizons.
- Stimulate product innovations and services associated with specific business models.
- Capitalize on the MEDTEQ and NRC-IRAP (National Research Council-Industrial Research Assistance Program) network and in synergy with existing accelerators/incubators or any other relevant network support structure.
- Guide and encourage the development of skills and organizational capacity in innovation management.
- Accelerate and facilitate SME intermediation to receiving environments, large groups and major international health actors.
- Catalyze the technological maturation efforts of SMEs.
Program steps
Introduction, preliminary analysis of existing capabilities, needs and strategic priorities (innovation, financing, commercialization, etc.).
Strategic reflection based on the current/desired positioning, implementation of a marketing strategy integrating all related aspects (legal, regulatory, distribution, etc.)
Development of a technical roadmap and a customized action plan prioritizing short, medium and long-term activities needed towards targeted opportunities.
Not sure about the program you need?
If you have any questions, feel free to contact us, our team will accompany you.