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Sept. 28, 2023

UCalgary is Canada’s No. 1 research startup creator for 3rd year running

2022 rankings from Association of University Technology Managers put us on top again
Geoff Frost, former Life Sciences Fellow, demonstrates Raft Digital Therapeutics’ Cloud Bazaar.
Geoff Frost demonstrates Raft Digital Therapeutics’ Cloud Bazaar, a therapeutic game designed for players with paediatric spinal muscular atrophy. Adrian Shellard, for the ɫ

The Association of University Technology Manager’s (AUTM) 2022 Canadian Licensing Activity Survey has ranked the ɫ as the top startup creator out of 32 Canadian academic and non-profit research institutions for the third year in a row.

The 2022 survey invited over 60 Canadian institutions, including universities and colleges, hospitals and research institutions, national laboratories, and third-party technology investment firms to participate. Through Innovate Calgary, the university’s technology transfer office, 16 startups from across five faculties were created in the 2021/2022 fiscal year.

“This is an exciting achievement for UCalgary to be the leader in research startup creation for three years in a row,” says Dr. William Ghali, vice-president (research). “Our innovators continue to seize the opportunity to pursue the startup journey, delivering impact to our communities, and enhancing our reputation on a national scale.”

Chad Bousman of Sequence2Script

Chad Bousman used various UCalgary Innovation ecosystem supports for his startup journey with Sequence2Script, including e2i, Academic Entrepreneurs in Residence, and SPARK Alberta.

Cody Coates, ɫ

Many of the startups registered in 2022 survey utilized resources from the UCalgary innovation ecosystem.

The program was the first step for Faculty of Science postdoc, Dr. Ali Pormohammad, PhD, and Dr. Chad Bousman, PhD, associate professor, Cumming School of Medicine (CSM). Pormohammad’s biotechnology company, , is developing safe antibacterial agents with a low chance of future antimicrobial resistance. Bousman’s cloud-based software tool, , helps clinical laboratories and health-care professionals translate pharmacogenetic test results into evidence-based prescribing recommendations.

After completing the e2i program, both company’s founders went on to receive mentorship support from the program.

Innovate Calgary’s supported four CSM startups: , a virtual platform for at-home therapeutic exercise; , a medical device to facilitate chest tube insertion to treat collapsed lungs; , a portable vision-screening technology to deliver eye exams; and , an advanced movement technology to improve stroke outcomes.

Stroke.ai and Sequence2Script were also teams with , which supports the advancement of digital health innovations into clinical practice. Retinalogik is a venture graduate of the at the Haskayne School of Business.

, a gamified platform that teaches young children the foundational skills necessary to build mindfulness and emotional competency, uses research from the Faculty of Social Work. Fledge received investment through the .

Other research-based startups in the list include from a Bachelor of Science alum, from the Werklund School of Education, and from the Schulich School of Engineering.

The 2022 AUTM survey highlights the value of startups developed at Canadian universities contributing to their local and regional economies. Ninety per cent of the 875 startups reported in the 2022 data are in the province where their intellectual property was developed, helping Canadians benefit from economic and social impacts of university technologies.

UCalgary is a leading destination for researchers to take action and move ideas toward implementation and community impact. The ecosystem supports these efforts through a culture of entrepreneurial thinking and determination.

is the innovation transfer and business incubator centre for the ɫ. As part of the Office of the Vice-President (Research) portfolio, and as a member of the UCalgary innovation ecosystem, we work closely with researchers, faculty, and students to help bridge the gap between discovery and creating economic and societal impact.

Chad Bousman is an associate professor in the departments of , , , and at the (CSM). He is a member of the and the , the and the at the CSM.


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