Management of the MEDTEQ Invest fund
The brief
Establish and manage all aspects of a pan-Canadian medical technology investment fund to accelerate the commercialization and value of Canadian innovations.
Client
MEDTEQ+
Date
2019
The results
Following MEDTEQ+‘s successful bid for nearly $20 million in federal government funding, a project led by Innovitech, we provided the client with a management team to evaluate investment opportunities, conduct due diligence, make governance recommendations and manage the portfolio. Innovitech offers turnkey management from opportunity identification to closing.
The results
- Over 20 direct investments made to date
- “Lead investor” for more than 4 opportunities
- Recognition as an impact investor in several studies