Canada gives $10 million to health innovations

Tuesday, May 14, 2013

More than 100 projects spanning the globe — including a number from South-East Asia — will share CAN$10.9 million (US$10.7 million) worth of funding from the Canadian government to pursue novel and cost-effective innovations in disease treatment.

Each project under the Stars in Global Health programme will receive CAN$100,000 according to Peter Singer, chief executive officer of the non-profit organisation Grand Challenges Canada, which is funded by the Canadian government.

The awarding of the grants was announced this week (29 April). Recipients are eligible to apply for scaled-up CAN$1 million grants if their project ideas prove successful as evaluated by an investment committee which will look on the impact at scale and sustainability.

Source: Sci Dev Net (link opens in a new window)

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Entrepreneurship, Health Care
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health care, impact investing, public health