Startups are helping Canada prepare for population growth and aging

Founders are improving the well-being of Canadians with their startups' products and services

Canada’s population could double in the next 50 years, and the population of people aged 85 and older could triple, according to the Statistics Canada data released earlier this week.  TAMVOES, Chirp, Qidni, Cobionix, ForesAIt Medical Inc. and HeMeTekx and other health tech companies at Velocity were already fixing issues  related to overwhelmed hospitals and long-term care before the recent population projections were published.

"We are growing all the time. I started TAMVOES because of the inefficiencies and lack of continuity of care I ran into while caring for my mother and grandmother. Our other services are an extension of why I started the company, and we help people stay at home as long as possible, as comfortably as possible, even pass away peacefully at home if that is feasible." Jessica Lunshof, CEO of TAMVOES.

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Velocity health companies are funded in part by the Government of Canada through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).