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2022 Startups
Campfiyr
Local promotions, like lunch specials, are challenging to know about unless going to the business. Local marketing causes many of these deals to be overlooked and missed by accessible people nearby. Without this knowledge, locals make less informed decisions when going out and miss lead-generating deals that could influence their end choice. Currently, these local promotions are often uploaded to global social media platforms. The algorithms used have no emphasis on time and proximity, making it difficult for people to find these promotions while they are active. Small consumer service businesses, such as restaurants, hair salons, and local boutiques, pay 67% more per action than the average industry using social media advertisements. Many small business owners don’t know how to market effectively on social media, leading them to waste time and
money on these platforms. Without social media, people can’t find these deals without physically going to the business establishment or stumbling on their website. This prevents these lead-generating deals from performing positively for the business. This can be especially difficult for businesses in low foot traffic areas. Usually, these deals are on sandwich boards outside the business entrance.
Campfiyr is an effective solution to showcase deals and decrease a business's marketing budget while saving time. In addition, these deals increase the potential of reaching new customers since people are more willing to try deals for the first time at a new business. This type of promotion is promoted by Campfiyr to only be used in a business establishment, which increases profit margins and catalyzes further purchases while there.
Contact Campfiyr
Cove Neurosciences
In recent years, academic institutions and companies in the neurosciences space have been generating brain data in the form of MRIs and EEGs at an unprecedented rate. This explosive growth in the production of raw, noisy and uninterpreted data has created an urgent need for the capability of extracting value from these datasets.
The current reality is that the neuroscience industry faces enormous difficulties in translating the raw brain data obtained from medical imaging hardware into meaningful interpretations of the brain at the neurocircuit level. This is simply because it is extremely costly and time-consuming for companies to hire in-house engineering teams to process and model brain data on an ad-hoc basis.
This is the problem that Cove Neuroscience’s innovative algorithm, CoveConnectTM aims to solve. CoveConnectTM combines advanced neuroscience tools and machine learning technology to bridge the gap between data engineering and neuroscience. It allows companies in the neuroscience industry to process and interpret their data from MRIs and EEGs, while carrying out brain connectivity modelling at scale, paving the way for the next paradigm in neurosciences and brain health.
Contact Cove Neurosciences
Embed
For students, taking notes is a task as old as time. Despite the many attempts at streamlining this necessity, the best solution either comes in the form of a pencil and paper or an expensive tablet. Many students have a laptop, and typing notes seems like an infinitely more convenient solution: digital notes on the cloud are almost impossible to “lose”; they can be quickly searched, edited, and reorganized; and carrying around a single device, especially for commuter students, is far less cumbersome than a backpack containing many notebooks. However, expectations do not line up with reality!
We recognize that applications such as Evernote, Notion, and Google Docs exist, but they lack features that make them practical for STEM-oriented courses. Integrating complex equations is cumbersome, and creating neat diagrams in a timely manner is often impossible without a tablet or paper.
We propose a more efficient alternative: Embed Notes. Specifically, we are creating a website that facilitates designing 2- and 3-D mathematical graphs, chemistry and physics diagrams, as well as support for various programming languages. We are a software as a service company with free features and a paid subscription model.
From firsthand experience, we know that note-taking can be greatly improved upon; in short, by building Embed Notes, we hope to revolutionize the notebook.
Contact Embed
FallBye
Problem Statement
Gap: About 37.3 million fall-related accidents require medical action annually. Canada suggests that prevention of falling incidents of children alone can save USD120 million yearly. However, there is a lack of a fall prevention system for the elderly or children.
Need: Hence, the current need is an easy-to-use system that prevents or lessens the damage caused by falling. Key factors to consider while developing a solution would be to ensure safety, reusability, and portability.
Scope: Service environment for the system can be initially scoped to Canada for design purposes and later expanded to the international elderly care products and services market worth USD832.8 billion. Scope of the design is to sense falls, prevent fall-related injuries, and alert respective personnel (if required) of the incident.
Contact FallBye
Kultura Diagnostics
You’ve probably heard about gluten free food and celiac disease. But you probably haven’t heard about the whole spectrum of gluten sensitivity conditions – ranging from wheat allergies through to non-celiac gluten sensitivity and celiac disease – or that only 10% of individuals with these conditions are diagnosed. You probably haven't heard about the frequency of misdiagnosis for individuals with gluten sensitivities or the ongoing frustration of not knowing how to avoid gluten and make seemingly unrelenting symptoms go away. You probably haven't heard of the fragmented management of these conditions which leads to an average of USD$4-11K in extra healthcare costs and 8 sick days per affected person annually, not to mention over ten years of complications due to delayed health interventions. In the United States alone, the total burden is USD$108.3 billion and it is only getting worse as the rate of diagnosis increases at 7.5% per year. Globally, this costs over 200M people millions of hours and billions of dollars every single year. At Kultura Diagnostics, we believe in empowering individuals to take control of their gluten sensitivities. Our team of engineering, business, and clinical professionals is developing a comprehensive platform that helps individuals understand and manage their gluten sensitivity. By combining breath-based monitoring, daily habit tracking, and remote integrated care, the platform personalizes patient education and helps individuals adopt the behavior change required to reduce symptoms over time. By 2027, we aim to help double the number of individuals diagnosed with a gluten sensitivity and support at least 10 million of them in reducing the time required to become highly confident in managing their condition from five years to six months.
Contact Kultura Diagnostics
L33T Ventures
Governments and corporations rely on the bond market to finance critical activities. The bond market is one of largest financial markets, with the amount of outstanding bonds at approximately C$160 Trillion in 2021. For comparison, the total market cap of all US-based public companies was just over C$50 Trillion over the same period. Despite its massive size, this market has not fully embraced the digital revolution, and in many ways continues to be mired in legacy processes and systems. Some bond trading is still done over the phone, with settlement taking not minutes or hours -- but several days. Bond issuance is even less digitized, where underwriters still use spreadsheets to track orderbooks. These inefficiencies increase the cost, reduce the accessibility, and make it a relatively less transparent market. This is particularly true for smaller investors and issuers.
L33T Venture's Smart Bonds solution is a ‘bond tokenization as a service’ platform that will utilize blockchain technology to bring bond issuance (primary market) and trading (secondary market) onto the blockchain and into the 21st century.
Contact L33T Ventures
Move Match
In physical therapy, static instruction manuals that are not tailored to specific injuries or bodies lead to mistakes that elongate the healing process or cause further damage. Professional supervision can prevent these mistakes, but it is impractical to have therapists oversee daily exercises. MoveMatch solves these problems by using advanced motion analysis and comparison using AI to give you professional level coaching without constantly needing a trained therapist in the room.
Contact Move Match
My Dorm Store
Every year, over 40% of students who attend university and college and move into dorms. In an already hectic time in a student’s life, this process is lengthy and expensive. Not only do students need to find everything to outfit their dorm room, including bedding, towels, appliances and sometimes furniture, but they may not even have use for these items once they move out of their dorm. Additionally, 10% of students leave their province to complete their education, meaning they need to furnish living accommodations far from home for a short period of time.
Contact My Dorm Store
PaySwift
Current solutions require an investment of time and money into full-scale commerce platforms. These solutions carry high monthly fees on top of transaction fees and hardware costs. In addition, commerce platforms have steep learning curves, so they are not ideal for the average small business owner who is not technologically inclined. To accept multiple payment methods without using a commerce platform, each payment method would have to be individually integrated into a custom-built website. Not only does this require professional software development skills to utilize the payment gateway APIs, but it also adds recurring costs in maintenance and account management. These payment gateways also carry high processing fees, which diminish profit margins.
Contact PaySwift
Re:pair Therapeutics
Over 90% of gene therapy clinical trials fail at the moment. The reasons for failure include adverse effects and low efficacy of the treatment. One of the most significant challenges in gene therapy is the difficulty in targeting transgene expression in specific tissues. One of the factors that control transgene expression is the gene regulatory element. However, optimization of this component is often neglected. This limitation may halt the progression of gene therapy development.
The market currently lacks a highly accurate and selective gene therapy products. Our team has developed an algorithm to design cell-type specific gene regulatory elements for gene therapy products in several hours. Currently, biotech and pharmaceutical companies spend lots of time and money on gene therapy development, although there are a lot of risks associated with the field.
Contact Re:pair Therapeutics
Tunescape
In the context of the general public, the more companies are motivated to play songs solely by what the majority of its listeners like (i.e. popular songs) the more equally memorable but underplayed, and perhaps historically underrepresented, music will remain inaccessible to eager audiences. If listeners who want to appreciate a genre are exposed to the full depth of their personal music taste, they will have a deeper appreciation for the art and increase their cultural experience. Tunescape can help music that was hidden, discarded, or underplayed in history be heard. Additionally, Tunescape provides an opportunity for new and emerging artists who may be disadvantaged in the market because of other popular, but not necessarily better music, by providing an opportunity to get their music heard.
Contact Tunescape
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