Social entrepreneurship pitch contest supports next big idea

The AC’s Andrew Jackson helps select the winners of the Big Ideas Challenge

A company that uses smartphone technology to improve vision care in India was among the big winners at a pitch competition designed to elicit big ideas in health and well-being. EyeCheck, a for-profit vision-care company, won mentorship and access to AC Pathfinder, a market validation platform developed by the Accelerator Centre, at the inaugural Big Ideas Challenge for Health and Wellbeing at the University of Waterloo this week. It uses smartphone technology and proprietary hardware to provide much-needed vision assessment in India with just two pictures.

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Tania Del Matto of St. Paul’s GreenHouse, Rachel Friesen of EyeCheck and Andrew Jackson of the Accelerator Centre.

The other winning pitches consisted of ways to address mental health issues among students, heart-friendly meal delivery and meaningful leisure for older adults, and support for breast cancer survivors. They each received the grand prize of a term’s stay in St. Paul’s GreenHouse, the first and only live-in campus-linked accelerator in Canada focused on social innovation and entrepreneurship.

“The Big Ideas Challenge for Health and Wellbeing was intended to encourage undergraduate students to develop innovative interventions, for which the primary purpose is to improve the quality of life of individuals or communities,” said Tania Del Matto, director of GreenHouse.

“We’re proud to partner with St’ Paul’s to encourage social innovation”, added Andrew Jackson, VP, Client Services at the Accelerator Centre. “It’s encouraging to see a group of young entrepreneurs building businesses aimed at addressing difficult challenges.”

About the winners:

• Marlena – Committed to meaningful leisure for older adults of all abilities by creating books to meet the needs of older adults with Alzheimer’s, dementia, and other conditions.

• Panic, Anxiety, & Stress, Support (PASS) kit – A first aid kit for mental health and wellbeing to address the increasing incidence of mental health issues among students.

• Heart Helpers – A non-profit, heart-healthy meal delivery program that offers older adults at risk or living with cardiovascular disease a simple, inexpensive way to reduce their risk factors by modifying their diet.

• Node– Offering smart, beautifully designed, custom-fit compression sleeves for breast cancer survivors suffering from lymphedema.

The Faculty of Applied Health Sciences is hosting the program in partnership with St. Paul’s GreenHouse.

An inside look at the Accelerator Centre for the Entrepreneurship Society at UWaterloo

When you are a part of an Entrepreneurship Society in a city as innovative as Waterloo it sometimes feels like the society just runs itself. The Accelerator Centre is located minutes from campus and a great resource for the entrepreneurial minded. 

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Success Starts Here

The Waterloo Accelerator Centre (AC), located within the David Johnston Research + Technology Park, is an award-winning facility dedicated to developing and commercializing technology startups. The Waterloo AC provides its startup clients with an essential combination of executive mentorship, educational programming, facilities, networking, and access to funding and facility services. The goal of the AC is to build successful companies within Waterloo Region’s ecosystem.

What makes the Waterloo AC unique?

Our in-depth programming, unique accountability model, and long-term view distinguish the Waterloo AC from other accelerators and incubators within the Canadian commercialization landscape. While other incubators tend to work in sprints – putting a startup through an intensive program of several weeks or months, the AC’s approach to its clients is very different. Our focus is on building long-term relationships with businesses – helping entrepreneurs move from startup to scale-up, accelerate their time to market, attract customers, and drive revenue as well as investment.

The average client entering the Accelerator Centre’s program will spend as much as three years with us, working their way through various milestones of achievement set out within our structured programming and guided by intensive, ongoing coaching. A newly established Momentum program also serves as a starting point for companies who do not yet meet the AC’s criteria for acceptance, and offers its own structured programming around market validation and initial business plan creation.

Securing funding for a startup is always a top of mind priority for the CEO of any fledgling company.

Clients who successfully graduate the Accelerator Centre’s program are fully formed, sustainable businesses. Indeed, a number of graduates from the AC, including Axonify, Clearpath Robotics, CrossChasm, Intellijoint, Kik, Miovision, Magnet Forensics are highly respected, multi-million dollar businesses and are becoming significant employers within the Waterloo Region.

To read the full blog post click here.

To learn more about the Entrepreneurship Society at UWaterloo you can visit their main website at www.uwesociety.com