A connected community of health companies and partners
Our mission is the creation and growth of health startups in Southern Ontario. Velocity, WesternU and MIX are working together to provide health innovators with access to critical infrastructure, lab equipment, startup/scaleup support services, funding, and connections to healthcare clinicians and workers.
A coordinated network of shared accessible labs
A hub for Ontario’s growing health supply chain
Support at every stage
Research & Product Development
Access to a Growing Network of Clinical Trial Partners
Assistance in Clinical Design, Regulatory Support and Funding
Growing and Funding Your Start-Up
Dedicated Mentorship from Experienced HealthTech Founders
Access to Global Network of Investors
Building Health Technologies at Scale
Access to World Class Labs and Workshops
Connect and Learn from a Community of Successful HealthTech Entrepreneurs
start to scale
Velocity was established in 2008 and has over 14 years of experience in translating research to commercialization, supporting start-up founders scale, growing a world class entrepreneurship ecosystem and most recently establishing a founder-first venture capital arm. To date, we have directly supported the growth of 400+ companies that have raised $4.2 billion in venture funding.
Western University: Translating research
into health innovations
Western’s Medical Innovation Fellowship program at WORLDiscoveries provides hands-on training in the creation of new health technologies, including clinical immersion, problem identification, solution ideation, and the opportunity for fellows to launch startup companies. BioNext is Western’s MedTech incubator where ideas are further translated into commercially viable innovations. Located within Robarts Research Institute, BioNext provides founders access to facilities for prototyping, analytical testing, validation, preclinical development, as well as scientific and clinical expertise. Working together with Schulich School of Medicine & Dentistry’s Clinical Research group we leverage our research relationships across partner organizations to facilitate access to clinical experts and to enable clinical trial development.
Medical Innovation Xchange: Turning prototypes into medical devices
MIX is Canada’s first industry-led hub dedicated to helping medical technology startups scale successfully in Canada. MIX was created to reduce the barriers and bridge the resource gap facing medical technology startups, to help grow more successful Canadian medtech companies, and to retain them and their talent in Canada. Established in 2020, MIX currently has 5 Companies in residence, and 1 Affiliate Company. Over $10.3 million has been invested in MIX companies since 2021, 9 patents have been filed and they have served more than 7000+ patients.