Health Bulletins

New Fund to Spur Innovative Health Technologies in Ontario

$20 Million Health Technologies Fund and Innovation Brokers Will Support Health Care Innovation

May 2016

Ontario will soon be accepting applications for its Health Technologies Fund, which will support the development of world class, market-ready, made-in-Ontario health technologies by accelerating prototyping, evaluation and adoption in the Ontario health care sector.

The $20 million fund will support projects that reflect priority areas of the Patients First: Action Plan for Health Care and the recommendations of the Ontario Health Innovation Council.

Applicants may apply for funding in one of three project categories:

Program details, including the first call for applications, are available at ontario.ca/healthinnovation and applications will be accepted starting July 2016.

Ontario is also announcing that the Office of the Chief Health Innovation Strategist will soon be recruiting Innovation Brokers to help innovators access:

Innovation Brokers will help remove barriers, so that new made-in-Ontario innovative technologies and processes can be adopted by our health care system and put to work for the benefit of patients. Innovation Brokers will also work with the Office of the Chief Health Innovation Strategist to coordinate, integrate and ensure alignment of innovation with health system priorities and the needs of Ontario’s population.

The Office of the Chief Health Innovation Strategist will also begin accepting expressions of interest for Innovation Brokers in May 2016, at ontario.ca/healthinnovation.

Government, health sector, academics, private sector and other partners are working with the Office of the Chief Health Innovation Strategist to coordinate provincewide efforts to help ensure Ontario’s major investments in innovation improve health outcomes, enhance economic competitiveness and create jobs.

Investing in Ontario’s health technology innovations is part of the government's plan to build a better Ontario through its Patients First: Action Plan for Health Care, which is providing patients with faster access to the right care, better home and community care, the information they need to stay healthy and a health care system that’s sustainable for generations to come.

QUOTES

“Funding innovative health projects will help transform our health care system and improve the patient experience. With the support of the Office of the Chief Health Innovation Strategist, these health innovations will be adopted by our health care system faster, helping to improve both the quality of care and health outcomes for our patients.”
– Dr. Eric Hoskins, Minister of Health and Long-Term Care

“I’m excited to launch the Health Technologies Fund and begin hiring Innovation Brokers. The fund’s $20 million will support innovation in our health technology sector. It will help our best and brightest get their products into our health care system faster, improve quality of life, increase the sustainability of the health system and support job creation.”
– William Charnetski, Chief Health Innovation Strategist

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