New partnership investment for innovative dementia care in Alberta
Alberta Innovates and Baycrest-led Centre for Aging + Brain Health Innovation (CABHI) announce $500,000 investment for innovative dementia care in Alberta
Alberta, Canada – October 19, 2018 – Alberta Innovates and the Baycrest-led Centre for Aging + Brain Health Innovation (CABHI) today announced a new partnership agreement to accelerate the evaluation and promote adoption of innovative products and services that address the needs of older adults with dementia. Up to $500,000 in matching funding is available to be leveraged to test in Alberta market-ready innovations built by small and medium sized enterprises.
“CABHI is delighted to partner with Alberta Innovates to support the testing of promising innovations in real world settings. Our shared vision is to get innovations that make a difference into the hands of those who will benefit from them as quickly as possible,”says Dr. Allison Sekuler, Managing Director for CABHI, and Sandra A. Rotman Chair in Cognitive Neuroscience & Vice-President, Research at Baycrest Health Sciences. “Partnerships like this one are critical for building national innovation capacity in seniors’ care, which, in turn, leads to better health, and social and economic benefits for Canadians, and advances our goal of the prevention and treatment of Alzheimer’s and other dementias.”
“Alberta Innovates is proud to partner with CABHI and Baycrest Health Sciences, a global leader in aging and brain health, on our Accelerating Innovations into CarE portfolio of programs. Collaboration is at the heart of what we do – bringing together bright minds and great ideas to drive innovation. This new partnership will help support companies and health innovators to enhance the care of seniors with dementia in Alberta,” said Tim Murphy, VP Health for Alberta Innovates.
Through the Accelerating Innovations into Care for Aging and Brain Health (AICE-ABH) program, we intend to accelerate the adoption of new innovations to solve the following health challenges:
- Aging in place: solutions that enable older adults with dementia to maximize their choice, independence and quality of life to enable aging in the most appropriate setting.
- Caregiver support: solutions that support caregivers (formal and informal) providing care to older adults with dementia.
- Care coordination and navigation: solutions that help older adults, caregivers and healthcare providers coordinate care and transitions for older adults with dementia.
- Cognitive health: solutions that focus on promoting brain health, the prevention of brain disease, early diagnostics, and slowing the progression of cognitive impairment for older adults.
About the Baycrest-led Centre for Aging + Brain Health Innovation (CABHI)
The Baycrest-led Centre for Aging + Brain Health Innovation (CABHI), is an innovation accelerator for the aging and brain health sector, providing funding and support to innovators for the development, testing, and dissemination of new ideas and technologies that address unmet brain health and seniors’ care needs. Established in 2015, it is the result of the largest investment in brain health and aging in Canadian history. CABHI is a unique collaboration of health care, science, industry, not-for-profit and government partners whose aim is to help improve quality of life for the world’s aging population, allowing older adults to age safely in the setting of their choice while maintaining their cognitive, emotional, and physical well-being. For more information on CABHI, please visit: www.cabhi.com.
About Alberta Innovates
Alberta Innovates invests in research, innovation and entrepreneurship to drive provincial economic growth and diversity. We ignite the power of innovation through our work with researchers, industry and entrepreneurs to move Alberta to a lower-carbon future, enhance the responsible use of land and water, and contribute to the improved health and well-being of Albertans.
Senior Communications Specialist, CABHI
Media inquiries may be directed to:
Dwayne Brunner, Media Relations Manager
(780)-423-5727 Ext. 224