Ace Age Launches Karie: Say Good-Bye to Your Old Pill Box

Spencer Waugh, CEO and Founder of Ace Age was moved to create a healthcare solution after watching a family member struggle with taking their medications. Waugh’s family member, like many with various medical prescriptions was using the plastic pill boxes (with each day of the week labelled on it) as a tangible reminder to organize and take them each day. But Waugh observed that having a container to organize pills wasn’t enough. His family member struggled to first organize and then take the pills everyday as needed, which ultimately resulted in multiple emergency visits to the hospital over the course of one year. Waugh knew there had to be a better way to assist those who needed to take multiple prescriptions everyday to live a healthy and happy life. That is when the development of Karie began.

Ace Age has created a medication delivery system that provides automatic medication organization, scheduling, monitoring and dispensing. After 3 years of development, they are preparing to launch their home health appliance, Karie.

Karie is a medical device created to make it easy for people and their loved ones to take the right medication at the right time. Karie uses common high-dose pouch packaging where pharmacists pre-organize the medications for you. After placing a preloaded cartridge inside the device, Karie then reads the information on the packaging and automatically creates a medication schedule. Karie takes the prep work and the guesswork out of knowing when to take your next scheduled dose of medications. Should a Karie user be leaving home for more than one day, they can tell Karie the number of doses they will need while away and Karie will dispense those prescriptions as needed. Karie offers peace of mind to its users and and empowers greater independence through its usage, a meaningful mission fulfilled for Waugh.

 

Karie was under development for approximately 3 years, so the team was thrilled when they secured a large finance round in the summer of 2017, which allowed them to accelerate the progress of building their hardware and software product,

“It took time to get the product right. Five iterations to be exact, including testing with patients, research with the healthcare system, usability studies with U of T and putting it out into the public for further testing and much more. What I wasn’t expecting though, was the results from our test cases. There was a 300% increase in the accuracy and satisfaction of taking medications properly.”

With approximately 5 million Canadians taking three prescriptions or more, the Ace Age team is determined to scale Karie to help more people in Canada and beyond.

Currently, Ace Age is a team of eleven full and part-time employees. When asked how it was working with the Accelerator Centre, Waugh says that it was a positive experience as a medical based company,

“It was appreciated getting the support on business building and even things like corporate culture and how to build that meaningfully as we grow, the mentors had such a wealth of knowledge and it helped us immensely.”

When looking forward to 2018 and the future for Ace Age and Karie, Waugh’s goals are to get traction in the market and begin forecasting into the future of healthcare.

“We want to see Karie become a fixture in people’s homes that can support patients and alleviate the pressure of taking medications everyday, so that people can worry less about that and spend more time enjoying their lives.”

To learn more about Karie, please visit: http://kariehealth.com/

Accelerator Centre Ranked #4 University Linked Accelerator Program in the World

TORONTO, CANADA, February 23, 2018​ – The Accelerator Centre is pleased to announce that it has been ranked the #4 University Linked Business Accelerator in the world by UBI Global.

UBI Global is a Stockholm-based research and advisory firm known for its regional and global studies that map and evaluate the business incubator and accelerator landscape. The ranking, based off a benchmarking study that included over 1,370 programs, was announced last night at UBI Global’s biyearly rankings ceremony at the World Incubation Summit in Toronto.

“It is an honour to be ranked the #4 University Linked Accelerator Program,” says CEO Paul Salvini. “The Accelerator Centre’s programming has always been at the forefront of best practices and our clients and graduates have consistently produced high growth, high impact companies. This high performance results in the level of long-term success and sustained economic growth that the Waterloo innovation ecosystem is best known for. ”

Since 2006, the Accelerator Centre has worked with over 400 startups. It’s flagship Accelerator Program has produced 59 graduates that include Canadian grown, global powerhouses like Kik, Axonify, Magnet Forensics, SSIMWAVE, Sortable, Clearpath Robotics, Alert Labs, and Intellijoint and its seed funding program AC JumpStart has provided seed funding to 168 companies across Southwestern Ontario. Accelerator Centre clients have also created 2,500 full-time jobs, attracted $573M in investments and have a combined valuation of $3B+.

“Our amazing community of partners, sponsors, mentors and staff team are a big part of why we have been recognized tonight. We have been working with startups in the Waterloo region for over 10 years, and this community has made it possible to provide the services and support that have helped our clients become successful,” says Clinton Ball, Director of Client Programs and Strategic Initiatives. “We are excited to continue working with the international community through partnerships and licensing our program to share our lessons learned and help grow companies.”

The complete rankings will be made available on February 23, 2018 at: http://ubi-global.com/rankings/

Accelerator Centre Success Stories

Axonify  – Corporate elearning software designed to meet the modern learning needs of employees. Knowledge growth improving bottom-line business results.

Alert Labs – Smart home water sensors – real time water use, leak detectors & flood sensors. Protect property from water damage. Save money on water bills.

Magnet Forensics  – Global leader in digital investigative technology and was built on a foundation of helping and empowerment to help investigative teams find more evidence and empower them to uncover the truth.

SSIMWAVE – defining the future of video delivery with Viewer Intelligence TM. For the first time in history, video distributors, networks, and studios can take full advantage of digital optimization to deliver The Ultimate Viewing Experience TM to subscribers on any screen, anywhere.

About the Accelerator Centre

The Accelerator Centre is an award winning startup accelerator/incubator dedicated to building and scaling sustainable, globally competitive companies. Through our suite of evidence based programs, service offerings, and unique one-to-one mentorship model, we give startups the highest probability of long-term success.

About UBI Global

UBI Global is a Swedish-based data and advisory firm specializing in mapping, highlighting, and connecting the world of business incubation. Through a network of more than 500 member organizations from over 70 countries globally, UBI Global provides matchmaking, ranking, benchmarking, and research services to corporations and business incubation programs.

Accelerator Centre and University of Guelph Collaborate to Create Agri-food Accelerator

Waterloo (Ontario), CANADA, January 29, 2018 – The Accelerator Centre (AC) is pleased to announce its partnership with the University of Guelph (U of G) to create an Agri-food Accelerator on the U of G campus – Accelerator Guelph.

The new program, operated on the U of G campus will leverage the award-winning Accelerator Program model developed by the AC over the past 11 years and will turn cutting-edge agri-food innovations into products and applications that will improve life and help grow the economy.

The announcement, was made during U of G’s “innovation showcase” and featured leading-edge U of G agri-food projects and was attended by University, industry and government officials, including MP Lloyd Longfield and MPP Liz Sandals.

“The University of Guelph and the AC have been partners since the AC opened its doors and their expertise in working with agri-food innovation is unmatched. We are very proud to be working alongside them to utilize our successful programming to further support the incredible innovation activities coming out of the University,” says Paul Salvini, CEO of the Accelerator Centre.

“In establishing Accelerator Guelph, we wanted to hit the ground running,” said University of Guelph Vice-President Research, Malcolm Campbell. “It was logical to create a partnership with the Accelerator Centre, to capitalize on the fantastic, proven, business development programming for which the Accelerator Centre is world-renowned. We’re now using that partnership as a platform to launch the next generation of entrepreneurial agri-food innovators.”

On January 24, 2018 a pilot cohort of Accelerator Guelph companies will start a 14-week program on campus.  Recruitment for future Accelerator Guelph cohorts happens on an on-going basis and consists of an interview and application process. For more information visit accel@uoguelph.ca.

For further information, please contact:

Tabatha Laverty
Marketing and Community Manager
Accelerator Centre
tlaverty@acceleartorcentre.com

Bringing Clarity to Cybersecurity for Small and Medium Enterprises

In today’s hyperconnected world, running a business is more difficult than ever. In addition to traditional challenges, we now have to contend with cybersecurity threats to sensitive data such as customer information and company intellectual property. Any compromise of this data could close a business down. Every day, the media features many stories of individuals and companies who have been hacked or otherwise compromised.  There are existing cybersecurity options available, but they are generally out of reach for SMEs due to cost and complexity.

“The timing is really good. People are more aware and want to know more. There is a general awareness of the risks while operating a business in today’s digital landscape, and more people are open and interested in protecting themselves.”

-Kathryn Vandenberg

zabu is a cybersecurity company building user-focused tools for small to medium sized companies.  They are developing an easy to understand automated assessment which takes human and technology factors into account to create a composite cyberrisk score, similar to a credit score.  This score empowers executives to visualize, understand, and reduce their company’s cyberrisk exposure, making cybersecurity accessible and relevant to everyone.

“The Accelerator Centre has helped us form a strong foundation for our business.  The expertise, perspective and support from our mentors and from the program itself have allowed us to achieve far more than we could have on our own, especially in this short period of time.”

Kathryn Vandenberg

zabu co-founders Kathryn and Derek not only had complementary business skillsets, they also had a passion for simplifying complex issues such as cyberrisk exposure and helping people make better decisions. They recognized that small and medium businesses were not being served by the existing costly and complex cybersecurity tools, and created zabu to focus specifically on that market.

What’s next

zabu is continuing to develop the product and looking forward to launching a closed field test in January of 2018, and is still accepting companies that would like to participate.

“We are passionate about providing clarity and empowering business owners to take control of their cybersecurity.”

– Derek Wong

Learn more about the Accelerator Centre and Phase One of the Accelerator Program on our website.

Presentation Day

Please join us as startups in Phase One of our Accelerator Program present their market validation research and pitch to advance to Phase 2.

Phase One companies will have 4 minutes to pitch to our audience of exclusive invitees. Be prepared to take part in the action and get a preview of up and coming tech companies.

Bar and refreshments will be available.

We look forward to seeing you there.

Proudly sponsored by:

Ear-o-Smart named one of the top wearables

IMG_6106Smart jewellery is fast becoming a top wearable tech trend, and is proving to be one of the best ways to get the benefits of smartwatches and fitness trackers, without having to wear a dull slab of plastic on your arm.

Wareable, a website dedicated to wearable technology, listed AC Clients Biosensive‘s Ear-O-Smart as one their eight top wearable products.

“Most fitness monitors are limited to wrist-based electronics, but do you really want to wear a bulky wrist monitor to a party or a meeting?” says Ravinder Saini, CEO of Biosensive. “”We believe that wearable electronics should be embedded into the products we use in our everyday lives, and for that reason, we created Ear-o-Smart, a product designed to fit seamlessly into your life.”

Ear-o-smart is the world’s first smart earring, which lets you monitor and track your health vitals. The earring tracks activity, calories burned and heart rate, and syncs this to iPhone or Android.

Alan Quarry joins the Accelerator Centre!

Alan QuarryThe Accelerator Centre is excited to announce that brand strategist and marketing pioneer Alan Quarry has joined the AC as Brand Architect.

Alan will spend every Wednesday working with AC Clients as a sounding board, helping to develop and execute their brand strategy. Alan’s presence is an excellent complement to our team of AC mentors, all of whom are dedicated to helping the brightest startups build and scale their businesses.

Alan will also work with the AC’s leadership team, consulting on our own brand as we execute our strategic growth plans in the coming year.

For those unfamiliar with him, Alan is a gifted brand architect and brings to the AC a formidable level of experience. He serves as the Chairman of a 100 plus person team focused on helping Quarry Integrated Communications clients build their business.

Alan has served as director of the Institute of Canadian Advertising and is a past president (twice) of the Trans Canada Advertising Agency Network. He teaches fourth-year Marketing Communications and MBA courses at Wilfrid Laurier University, was an instructor for three years in University of Windsor’s Executive MBA program, and also the WLU Entrepreneur In Residence in 2010, 2011 and 2013.

We’re thrilled to have Alan as a part of the AC team as we continue to grow and work to develop the next generation of leading Canadian technology companies.

Helping define success in Waterloo

Video series looks at why entrepreneurs are choosing Waterloo

Today the City of Waterloo launched a five-part video series, entitled Why Waterloo, aimed at explaining Waterloo’s growing appeal.

“There is a buzz about our city and we all feel it,” said Mayor Jaworsky during this year’s state of the city address. “Whether we are long-time residents, established community leaders, young students…or youth about to embark on their post-secondary journey, we all know that Waterloo is the place to be.”

In the series, a selection of local businesses spanning different industries are asked to share what being in Waterloo means to their organization.  Common themes like talent, collaboration, support and quality of life are prevalent throughout the series.

We’re excited that the first installment showcases the Accelerator Centre. Watch as Paul Salvini, CEO and Shane Pegg, VP Strategic Initiatives answer the global question: Why Waterloo?

Having just received $8 million in funding from the Federal Economic Development Agency for Southwestern Ontario to support AC JumpStart, and an additional $200,000 over four years from Waterloo city council, the AC is set to expand; supporting more clients, more graduates, and making a bigger impact in the community. For more information about the Accelerator Centre, visit acceleratorcentre.com.

For more information about the city’s economic development initiatives, visit wearewaterloo.ca.

Prime Minister Announces Advancing Selections for Canada Accelerator and Incubator Program

Source: Prime Minister News Release

Prime Minister Stephen Harper announced the organizations that have been chosen to advance in the selection process for the Canada Accelerator and Incubator Program (CAIP) which is designed to help outstanding small- and medium-sized Canadian enterprises to grow, prosper and create jobs. He made the announcement at Communitech, a hub for the commercialization of innovative technologies in Waterloo, Ontario. The Prime Minister was joined by Ed Holder, Minister of State (Science and Technology), Peter Braid, Parliamentary Secretary for Infrastructure and Communities and Member of Parliament for Kitchener-Waterloo, and Stephen Woodworth, Member of Parliament for Kitchener Centre.

The following organizations have been chosen to advance in the selection process under the CAIP:

  • BC Technology Industry Association (BCTIA) (Accelerator)
  • Bioenterprise Corporation (Accelerator)
  • Centre d’entreprises et d’innovation de Montréal (CEIM) (Incubator)
  • Centre for Drug Research & Development (CDRD), in collaboration with CDRD Venture Inc. (Accelerator/Incubator)
  • Communitech Corporation, in collaboration with University of Waterloo Velocity, Laurier LaunchPad and the Waterloo Accelerator Centre (Accelerator/Incubator)
  • Corporation Inno-Centre du Québec (Accelerator/Incubator)
  • GrowLab Ventures Inc., in collaboration with Extreme Startups (Accelerator)
  • Invest Ottawa, in collaboration with Wesley Clover, PARTEQ Innovations and InnovationPark at Queen’s University (Accelerator/Incubator)
  • Manitoba Technology Accelerator (MTA) (Incubator)
  • Prince Edward Island BioAlliance Inc. (Incubator)
  • Propel ICT (Accelerator)
  • Ryerson University, in collaboration with Simon Fraser University and University of Ontario Institute of Technology (Accelerator/Incubator)
  • The Next 36 (Accelerator/Incubator) University of Alberta, in collaboration with TEC Edmonton and Innovate Calgary (Accelerator/Incubator)
  • Wavefront Wireless Commercialization Centre Society (Accelerator/Incubator)
    – See more at: http://www.pm.gc.ca/eng/news/2014/06/20/pm-helps-canadian-start-companies-grow-and-prosper#sthash.bmwzBFRz.dpuf

Read the full news release here

Check out a 24 SEVEN exclusive video on Why Accelerators Matter here

Accelerator Centre Client TeTechS launches its first Terahertz Spectrometer system

Revolutionary terahertz technology enables imaging and sensing applications never achieved with other imaging technologies.

Waterloo (Ontario) CANADA, January 18, 2014TeTechS Inc., a terahertz technology solution company, announced today that the company released its first terahertz spectrometer system.

The TeTechS Rigel 1550 terahertz spectrometer is portable, modular, compact, fast, and reconfigurable for analysis of solids, liquids, powders, and gases. With its revolutionary fiber coupled terahertz sensor technology, Rigel 1550  provides higher performance and flexibility than the state of the art in terahertz systems, allowing better discrimination, less complex signal analysis, and enabling applications which cannot be robustly achieved with previous spectrometry technology.

The fiber coupled movable transmitter and receiver heads can be mounted around the sample under test, for the cases where bringing the object/sample/process under test inside the spectrometer head is not feasible. The distance between the transmitter and receiver heads can be adjusted to create working space needed for different measurement settings.

TeTechS Rigel 1550 is an innovative and reliable turnkey system with a built‐in 1550 nm femto‐second fiber laser, a fiber laser beam distribution chassis with fast and slow scan modules, and built‐in lock‐in and low‐noise amplifiers, with a controlling and operation software. The system is permanently aligned to provide a collimated terahertz beam between the transmitter and the receiver heads. The user has access to the collimated terahertz beam inside the spectrometer head where the interchangeable and easy to use transmission, reflection, and attenuated total reflection (ATR) measurement modules can be placed.

“Rigel 1550 can be used for a wide range of applications including material characterization, material sensing, non‐destructive test, hidden object detection, product inspection, manufacturing quality control, thickness measurement and uniformity analysis, coating and thin film analysis, additives analysis, and electronic chip fault analysis” says Dr. Daryoosh Saeedkia, founder and CEO of TeTechS Inc. “It can also be used for material verification and identification, such as: plastics, pulp and paper, gels, organic powders, and adhesives, to name a few” said Saeedkia.

About TeTechS Inc.

TeTechS Inc. is a leading innovator of advanced terahertz technology solutions committed to developing terahertz sensor and imaging systems for industrial and scientific applications. TeTechS Inc. draws on the distinctive characteristics of leading‐edge terahertz technology to develop unique non‐destructive and non‐invasive sensing and imaging solutions. The systems can see features of interest behind enclosures or inside packages, which are invisible to other imaging modalities. The Customers’ problems can be solved in ways that cannot be addressed by other imaging modalities such as X‐Ray and infrared imaging. The company’s vision is to become a major terahertz technology solutions provider to the industries worldwide through developing innovative terahertz imaging and sensing system solutions.

For further details please contact:

Daryoosh Saeedkia, PhD
President & CEO
TeTechS Inc.TeTechS Inc.
Tel: +1 (519) 584‐0791
Toll Free: +1 (855) 574‐1764
Fax: +1 (519) 513‐2421
Email: info@tetechs.com
Web: www.tetechs.com
Twitter: @TeTechS
LinkedIn: TeTechS

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