TEC Edmonton Launches New Health Accelerator Program

Technology business incubator TEC Edmonton today announced a strategic partnership with biotech company Genzyme Canada to launch the new TEC Health Accelerator program.

Led by TEC Edmonton in partnership with Innovate Calgary, the TEC Health Accelerator is a new initiative designed to accelerate the growth of Alberta biotechnology companies and connect community entrepreneurs with medical and scientific researchers in Alberta.

The program also bridges the gap between investors, Alberta startup companies, Alberta Health Services, potential industry partners and large health agriculture companies.

Genzyme has been dedicated to making a positive impact on patients for over 30 years, making them an ideal partner for TEC Edmonton, according to the organization.

“Genzyme brings the resources of one of the world’s largest pharmaceutical companies to support TEC Edmonton,” said Chris Lumb, CEO of TEC Edmonton. “This means greater opportunities for clients in the Alberta healthcare industry to grow faster by accessing the expertise of a high quality industry partner and who could potentially be a commercialization partner for new drug and diagnostic inventions.”

”Collaboration and partnership are core values at Genzyme,” said Peter Brenders, General Manager of Genzyme Canada. “We look forward to this opportunity to work with TEC Edmonton, the government of Alberta, and Alberta’s biotech companies and community of researchers to develop new innovations in healthcare.”

TEC Edmonton was recently named 2014 “Incubator of the Year” by Startup Canada and “10th Best University Business Incubator in the World” by the 2014 University Business Index.