Bounce Health Innovation

What Bounce Health Innovation does

Bounce Health Innovation is a non-profit HealthTech accelerator and ecosystem support organization founded in 2018 in St. John's, Newfoundland and Labrador. It operates as a barrier-free, fee-free support provider for HealthTech entrepreneurs at four stages: students (capstone and classroom-to-real-world projects), future entrepreneurs (idea validation and expert matching), startups (foundation building, regulatory navigation, and prototype development), and scaling companies (market diversification, conference participation, and bespoke mentorship). Its core service programs include the Embryo Grants Program (non-dilutive pre-seed funding of up to $15,000, typically $5,000-$10,000), the Bounce Health Innovation Challenge (a four-month milestone-based competitive program run with CABHI offering $50,000+ in awards including a $25,000 top prize), and conference and trade show support spanning regional and international events such as MEDICA, HLTH, and BioPort Atlantic. The organization is hosted by TechNL and physically embedded at Memorial University's School of Medicine, and works with a network of 46+ partner companies across digital health, medical devices, biotechnology, diagnostics, and telehealth. Underlying technology is limited to the organization's own website, newsletter, and social channels; Bounce does not develop proprietary software, AI, or data products. The revenue model is grant-funded: operating income is derived from federal (ACOA) and provincial government partnerships, with no equity stakes taken in portfolio companies and no fees charged to participating startups. Customer segments span student personas, aspiring entrepreneurs, early-stage HealthTech startups, and scaling companies, with no segment monetized on a per-seat or per-transaction basis.

Name

Bounce Health Innovation

Legal name

Bounce Health Innovation

Website

https://bounceinnovation.ca

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Bounce Health Innovation is a non-profit HealthTech accelerator in Newfoundland and Labrador that supports entrepreneurs through mentorship, non-dilutive Embryo Grants, the Health Innovation Challenge, and ecosystem partnerships. Founded in 2018 and hosted by TechNL, it supports 46+ companies from student projects through scaling stages.

Ownership category

akta.pro rank

Product category

HealthTech Accelerator

NAICS

Voluntary Health Organizations (813212)

akta.pro primary industry

Youth Business Incubators & Accelerators (EDAMAHAC)

akta.pro secondary industries

Health & Medical Research Grantmaking Foundations (BPAGAKAL), Entrepreneurship Foundations & Startup Basics (EDAMAHAA)

Keywords

• HealthTech accelerator services
• Healthcare innovation programs
• Non-dilutive startup funding
• Health innovation ecosystem support
• HealthTech mentorship services

Headquarters

HQ city

St. John's

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Accelerator and Support Services: Bounce Health Innovation is a non-profit support organization that provides barrier-free services to HealthTech companies. Programs are offered free of charge to qualifying companies. Revenue is derived from government funding partnerships (ACOA, provincial government) rather than from company fees or equity stakes.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Bounce Health Innovation is a non-profit HealthTech accelerator and support organization that delivers barrier-free programs, expert mentorship, and non-dilutive funding (Embryo Grants up to $15,000) to HealthTech entrepreneurs, students, startups, and scaling companies in Newfoundland and Labrador. It coordinates an ecosystem anchored at Memorial University's School of Medicine and the broader Atlantic Canadian HealthTech network to help innovators validate solutions, navigate regulation, secure pilot opportunities, and access domestic and international markets.

Product overview

Bounce Health Innovation is an innovation accelerator and support organization (not a single unified software product) that offers a portfolio of programs and services to nurture HealthTech innovators across Newfoundland and Labrador. The core offerings include: Student Programs (connecting students with mentors and resources for capstone projects), Future Entrepreneurs Programs (expert consultations and early-stage guidance), Startups Programs (marketing support, TechNL membership, and funding connections), Scaling Companies Programs (conference support, market diversification, and bespoke mentorship), the Bounce Health Innovation Challenge (a competitive digital health innovation program with CABHI partnership offering over $50,000 in awards), and the Embryo Grants Program (non-dilutive pre-seed funding up to $15,000). Events and conference support rounds out the offerings, enabling companies to showcase innovations globally.

Differentiator

Problem solved

Functional benefit

Products and services

• Student Programs Program connecting students in Newfoundland and Labrador with mentors, clinicians, and entrepreneurship experts to develop HealthTech capstone projects, explore commercialization potential, and transition into startup pathways.
• Future Entrepreneurs Programs Program that provides aspiring HealthTech entrepreneurs with one-on-one consultation services, expert matching, and connections to Embryo Grant funding to validate ideas and bring innovations to market.
• Startups Programs Program supporting early-stage HealthTech founders with marketing support through partnership with The Idea Factory, embryo grant access, and free TechNL membership to build, test, and grow their startups.
• Scaling Companies Programs Program helping scaling HealthTech companies with TechNL membership, conference support for international trade shows, market diversification through Trade Commissioner Service connections, bespoke mentorship from Director Andy Fisher, and specialized networking events.
• Bounce Health Innovation Challenge A competitive four-month innovation program in partnership with CABHI that invites interdisciplinary teams to develop digital health solutions addressing validated real-world healthcare challenges, with milestone-based progression and over $50,000 in total awards including a $25,000 top prize.
• Embryo Grants Program Non-dilutive pre-seed funding program providing up to $15,000 (typically $5,000–$10,000) to early-stage HealthTech innovators to advance commercially oriented healthcare technologies, products, and tech-supported services, supporting activities such as prototype refinement, pilot projects, and commercialization preparation.
• Events and Conference Support Support service helping HealthTech companies participate in high-impact regional and international conferences and trade shows (e.g., MEDICA, HLTH, BioPort Atlantic), enabling them to showcase innovations, build strategic connections, and explore new markets.

Quantifiable outcome

• 46+ HealthTech companies supported through the partner network
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core, flagship and supporting.

• TechNLcoreStrategic or Co-development PartnerTechNL is the primary industry association for Newfoundland and Labrador's technology sector. Bounce is hosted by TechNL, which provides infrastructure, resources, and support that enables Bounce to deliver high-impact services to HealthTech companies. TechNL advocates for the tech sector and collaborates with provincial government on ecosystem strengthening strategies.
• Memorial UniversitycoreStrategic or Co-development PartnerMemorial University is a foundational academic and research institution in the ecosystem. Bounce is physically hosted at MUN School of Medicine. Collaborations between MUN and industry partners help translate research into real-world health solutions, and MUN drives discovery through cutting-edge research.
• Genesis CentrecoreStrategic or Co-development PartnerGenesis is Newfoundland and Labrador's flagship incubator. Bounce works closely with Genesis whose Evolution and Enterprise programs help founders validate business models and scale sustainably. Together the partners strengthen the path to commercialization for HealthTech companies.
• NL Health ServicescoreStrategic or Co-development PartnerNL Health Services is the provincial health authority. Bounce works closely with NLHS and its Innovation Acceleration Centre, giving companies the opportunity to collaborate directly with healthcare teams, test new technologies in real-world settings, and explore innovative approaches to care delivery.
• CAN Health NetworkflagshipStrategic or Co-development PartnerThe CAN Health Network is a national partnership of leading Canadian health organizations (Edges) and companies. Made possible with federal government funding, the Network introduces new solutions into healthcare systems and helps Canadian businesses scale nationally and globally. Expansion into Atlantic Canada facilitates commercialization of health technologies.
• Centre for Aging and Brain Health Innovation (CABHI)flagshipStrategic or Co-development PartnerCABHI is a partnership organization that works to accelerate aging and brain health innovation. Bounce partners with CABHI on the Health Innovation Challenge: Aging + Brain Health Edition, providing structured mentorship, expert insight, and $50,000+ in awards to develop digital health solutions.
• Trade Commissioner Service (TCS)coreStrategic or Co-development PartnerThe Trade Commissioner Service opens doors to international markets, offering expertise, on-the-ground insights, and introductions. TCS helps companies connect with potential clients and investors, understand trade agreements, and explore opportunities in life sciences and digital health sectors for global growth.
• The Idea FactorysupportingImplementation/ SI/ Consulting PartnerThrough partnership with The Idea Factory, HealthTech companies can access professional video production to create high-impact content that communicates their value proposition. The Idea Factory is one of Newfoundland and Labrador's leading marketing firms specializing in the tech sector.
• Health Care FoundationcoreStrategic or Co-development PartnerThe Health Care Foundation invests in medical equipment, research, and education to ensure healthcare providers have access to latest tools and training. Partnering with NL Health Services, they champion innovation and accelerate projects that improve population health in Newfoundland and Labrador.
• Keyin CollegesupportingStrategic or Co-development PartnerKeyin College plays a key role in workforce development, equipping students with practical skills needed by local HealthTech companies. As a post-secondary institution, Keyin contributes to the talent pipeline for the ecosystem.
• College of the North AtlanticsupportingStrategic or Co-development PartnerCollege of the North Atlantic is a post-secondary institution contributing to the ecosystem through applied research and talent development that fuels innovation across the HealthTech sector.
• GenesiscoreStrategic or Co-development PartnerThrough partnerships with Genesis and CABHI, Health Innovation Challenge teams gain access to entrepreneurial guidance, expert insight, and meaningful health system connections to advance their solutions.
• Memorial Centre for EntrepreneurshipsupportingStrategic or Co-development PartnerBounce connects students with programs like the Memorial Centre for Entrepreneurship during their studies, providing access to mentorship, startup training, and funding opportunities to transform early ideas into viable ventures.
• Atlantic Canada Bio Industries AlliancesupportingStrategic or Co-development PartnerThe Atlantic Canada Bio Industries Alliance serves as an umbrella organization representing bio-industry associations across New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island. By uniting over 30 biosciences companies, research institutions, health organizations, and accelerators, the alliance showcases the region's collective expertise on international platforms.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Genesis Centre: Newfoundland and Labrador's flagship incubator and a core Bounce partner; offers Evolution and Enterprise programs that overlap directly with Bounce's startup and scaling tracks in the same regional HealthTech/tech ecosystem.
• Centre for Aging and Brain Health Innovation (CABHI): National HealthTech accelerator and Bounce's flagship partner on the Health Innovation Challenge; runs parallel programs for aging and brain health innovators with mentorship and grant funding across Canada.
• CAN Health Network: Federally funded network of Canadian healthcare 'Edges' that connects innovators to procurement-ready health systems; Bounce's CAN Health partnership mirrors CAN Health's mission to scale Canadian HealthTech companies nationally.

Broad incumbents

• MaRS Discovery District: Canada's largest urban innovation hub with a major HealthTech practice; competes for the same HealthTech founders Bounce serves but at significantly greater scale across Ontario and beyond.
• JLABS: Johnson & Johnson's global no-strings-attached life sciences incubator network; comparable barrier-free support and mentoring model but with global reach and balance-sheet backing well beyond Bounce's regional scope.
• Creative Destruction Lab: Canada-wide seed-stage accelerator operating programs across multiple sectors including health; comparable objective-based cohort model but with deep founder/alumni network and venture orientation Bounce lacks.
• DMZ: Toronto Metropolitan University's leading tech startup incubator; offers comparable startup programming and global market access but without Bounce's healthcare-specific clinical and government anchoring.

Regional players

• Innovacorp: Nova Scotia's provincial tech accelerator and venture catalyst; runs parallel HealthTech and life-sciences programs in an adjacent Atlantic Canadian province, competing for similar founder pool across the region.
• Volta: Halifax-based Atlantic Canadian startup hub offering programs and workspace; peers with Bounce in supporting early-stage Atlantic Canadian founders, including HealthTech, across Nova Scotia and beyond.
• BioEnterprise: Canadian agri-bio and bio-product accelerator network; comparable support and commercialization services for bio-based entrepreneurs, with overlapping biotech and life-sciences founder targets across Canada.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@bouncehealthinnovation315
• Facebookfacebook.com/bounceinnovation
• LinkedInlinkedin.com/company/bouncehi
• Instagraminstagram.com/bounceinnovation
• Xx.com/BounceHI

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bounce Health Innovation