The Challenge, a joint effort between Spring Activator and Telus, will also educate investors about impact investing

For an innovative Canadian company, helping people improve their health will soon translate into a healthy investment.

Spring activator, a business incubator, accelerator and consulting firm headquartered in Vancouver, has just launched the first Health impact investor challenge. From March to May 2022, this program for investors and entrepreneurs is a collaboration with the 100 million dollars Telus Pollinator Fund for Good.

“Spring is delighted to be working with the Telus Pollinator Fund for Good to support the growing community of investors in the country,” said Graham Day, Director of the Impact Investing Program at Spring Activator. “We hope the challenge will provide a stepping stone towards funding innovative businesses as key contributors to the local economy.”

The Health Impact Investor Challenge, run by Spring Activator, aims to help start-ups drive innovation that creates better health outcomes, while providing financial return to investors. It will bring together potential investors for an 11-week program that will educate them on impact investing. Meanwhile, applications are open to any early stage, socially or environmentally focused, Canada-based healthcare business that wishes to raise capital and increase its impact.

READ MORE: That’s a good thing: Telus is aiming for a healthy outcome

Now here’s the fun part. Once the top 20 business applicants pitch their business to a cohort of investors, 10 semi-finalists will have the chance to be in the top five. At the Grand Finale pitch event next spring, this selected group will compete for an investment of $ 100,000.

You can register as an entrepreneur or investor here.

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