Praxis SCI Accelerate Program

A six-month commercialization program geared towards healthcare companies with a product ready to launch into market that will transform the lives of people living with SCI.

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Program Description

Praxis Spinal Cord Institute is proud to launch our second Praxis SCI Accelerate Program, a 6-month virtual acceleration program for health start-up companies with solutions that address care- and cure-related treatments and overall quality of life of individuals with SCI.

Located in Vancouver, Canada, this virtual program is designed for post-prototype companies to scale their innovations quickly. We pair our expertise in SCI research, knowledge translation, direct consumer engagement and commercialization, with specialized coaching in regulatory and reimbursement advice, as well as helping build on your market validation and sales strategy. Through the 6-month program, we help build on your market validation and sales strategy and our hand-picked mentors and team will work closely with you to get ready to pitch to Canadian and US vendors (including hospital systems, investors and other buyers) through 1:1 matching as well as a demo day.

The Praxis Spinal Cord Institute’s SCI Accelerate program is made possible through support from the Government of Canada through Western Economic Diversification, the University of Waterloo and Genome British Columbia.

→ Download the Program one-pager (pdf)

→ Meet the Praxis Commercialization Team

→ Meet the 2020 Cohort

→ Download the 2020 Cohort one-pager (pdf)

 

5

Post-Prototype Companies

$50K

Non-Diluted Funding

200+ Hours

Hours of 1:1 Mentorship


“Praxis SCI Accelerate has done a great job tailoring their programming to our business needs and connecting us with a fantastic consumer and research team that is helping accelerate the evaluation of our technology for the different SCI conditions. we look forward to having the technology tested soon.”
— Lukas-Karim Merhi, CEO of BioInteractive Technologies, SCI Accelerate 2020 Cohort

Hear from the Praxis SCI Accelerate inaugural 2020 cohort as they reflect on their experiences with the program in the Cohort Testimonials video.



Program Highlights

  • Program runs from April – September 2021 (6 months)
  • Virtual program based in Vancouver, BC
  • $50K- $100K seed funding provided ($50K initial block of funding will be provided in two tranches to all entry companies). Within three months following the program, should the company have met key business/growth objectives, further funding may be provided
  • Cohort of maximum five companies accepted
  • Companies with a clear medical application to SCI care- or cure-related treatments required, but not limited to only SCI

Key Dates

Application open: October 20, 2020
Deadline to apply: December 10, 2020
Review process: January 2021
Interviews: January – February 2021
Notice of decision: March 05, 2021
Program begins: April 2021 until September 2021

Application Disclosure

If you apply to the Praxis SCI Accelerate Program, we will collect personal information about you, information relating to your company, and why you are applying for the program. We use this information for the purposes of processing and responding to your application, including assessing the suitability of your company for acceptance into the program. If you provide us with personal information about any other individual (such as your co-founder(s) or partner(s)), you confirm that you have obtained the consent of such individual(s) prior to providing any personal information to us.

If you have any questions about our privacy policy, the personal information we hold on you, or you would like to exercise one of your privacy rights, please do not hesitate to contact us at araina@praxisinstitute.org.

For general questions pertaining to the Praxis SCI Accelerate Program, please email SCI_Accelerate@praxisinstitute.org.

The Praxis Spinal Cord Institute’s SCI Accelerate program is made possible through support from

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