The Opportunity

We can disrupt health and we can do it here. There is a huge opportunity for innovators focused on solving current challenges facing the health system.

The next wave of health improvement will centre around non-health data and its relationship to health. Global health innovators are now considering the entire health value chain, including social determinants of health and health outside the acute-care system when designing novel solutions.

Cancer Challenge

What does Health City do?

We help create the collaborative environment to enable innovators to co-develop, validate, adopt and showcase the capabilities in our region.

Health City’s focus is to transform innovations from our health sector into solutions that have commercial application and global relevance. A huge opportunity for disruption in the health sector will occur in community health – addressing the issues that affect citizens’ health before it becomes chronic or acute.

We do this by:

Engaging with innovators addressing key local health challenges (e.g. diabetes, obesity, seniors’ frailty, opioid addiction, youth mental health).

Pairing initiatives with novel capabilities from industry – including smaller local companies, large multinationals and non-traditional health companies – to co-develop solutions. Since these challenges have global relevance, solutions built here can be exported globally. And our SMEs can partner with larger multinationals to co-market their products and services internationally.

Being an honest broker and identifying what all parties can bring to the table, including relationships, expertise, global reach, investment, innovation or policy influence. We de-risk the environment and accelerate our innovators’ solutions.

Leveraging our region’s strengths in areas like artificial intelligence, augmented & virtual reality, block chain and internet of things, and translating these platforms into innovations in the health sector. Technologies like these will enhance the experience of the user (patients) and increase their ability to manage their own wellness.

We strive to serve as an example of how to transform health to meet the evolving needs of our populace and build a stronger economy.

Here’s what we’ve been working on lately:

Raising Capital: Tips for Life Sciences Companies from Angel Investors

On October 25, Health City and Valhalla Private Capital teamed up to bring Alberta-based life sciences companies the opportunity to learn more about......


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VR After Dark Displays Power of Innovation in Health Care Training

Five Edmonton universities and colleges came together on October 17th to showcase the innovations in learning provided by virtual reality and augmente......


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Health Innovation Roundup

This week's headline: TELUS announces $16B for fibre optic network, highlights work in health care......


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edmontonCircle

Where does Health City fit in the ecosystem?

We represent a hub of expertise in health and health industry that supports the broader innovation ecosystem in our region.

Health City relies on the programs and services in our ecosystem. Our projects and initiatives scale our SMEs to global markets, which requires our SMEs to have strong product offerings and management teams. Services and programs in our ecosystem strengthen our SMEs enabling them to be global contenders.

When Health City was formed, our stakeholders identified five areas of need in the health ecosystem. We are working with and rely on all our stakeholders and partners in the ecosystem (industry, service providers, funders, academia, government) to address these goals:

Health City’s Goals

1. Foster an innovation ecosystem
that provides an unparalleled environment for success for health innovation and industry participants
2. Edmonton becomes a destination of choice
for health innovators, leaders, entrepreneurs and researchers
3. Create a policy environment that accelerates the development and growth
of the health innovation continuum, from discovery to commercialization and application
4. Accelerate access to finance, capital and institutional investment
whilst removing financial barriers to growth
5. Solidify Edmonton’s reputation
as a leading health innovation ecosystem