Diamond Eye Startup Selected as Favourite for Technology Entrepreneurship Project
Ottawa, Canada, August 22, 2016 - iBIONICS competed with Ottawa’s top startups and has won at the School Your Startup Pitchfest. This marks the beginning of an important relationship between the emerging medical device company and a team of six Executive MBA consultants, who selected iBIONICS’ Diamond Eye for their technology entrepreneurship project.
“The development model for iBIONICS has been bolstered by tapping into the wealth of talent that can be found in universities,” says Suzanne Grant, iBIONICS Cofounder and Chief Executive Officer. “Exciting and diverse innovations and ideas are incubating in universities around the world. Being chosen by the consulting team in the Telfer Executive MBA Program is an honour. Our bright and ambitious team of six supported by international mentors adds depth and breadth to our business analysis and commercial planning.”
The Executive MBA team consists of six students with diverse expertise across industry, non-profit and government organizations who are currently enrolled in the Technology Entrepreneurship Project. The team operates under the guidance of Sophia Leong, an entrepreneur, professor and Executive Director of the Telfer Executive MBA Program. The team chose iBIONICS over 13 other technology startups that pitched to them in August on the basis of the level of innovation and technology presented, and the fact that iBIONICS is addressing a real-world and global problem.
“The Executive MBA consulting team is creating an advanced and concise business plan for iBIONICS to help the company to attract and close investors,” says Sophia Leong, Executive Director of the Telfer Executive MBA Program. “As one of the Program’s series of six signature business consulting projects, the Telfer Executive MBA consulting team is experiencing the fast-paced world of the technology-based startup first-hand by playing a critical role in iBIONICS’ business development.”
iBIONICS is a born global health innovation startup with headquarters in Ottawa-Gatineau, Canada and operations in Melbourne, Australia. iBIONICS delivers health solutions by designing, manufacturing and commercializing implantable bionic solutions that treat debilitating diseases. The iBIONICS Diamond Eye aims to restore vision enabling the blind to regain autonomy, recognize faces and read large print. The iBIONICS Diamond Eye uses electricity to stimulate the retina via diamond electrodes. Messages are sent to the brain and perceived as light. This leading technology is supported by a state-of-the-art wireless solution for implantable bionic devices developed in Canada.
About the Telfer Executive MBA Program at the University of Ottawa
The Telfer Executive MBA Program is designed for mid-career and senior level executives seeking a global, practical and relevant experience all while earning a graduate degree. The program’s comprehensive, real-world curriculum focuses on leadership, teamwork and cross-cultural collaboration. The curriculum is tightly connected through a Signature Series of Six Business Consulting Projects, two of which are global in focus and involve two international business trips. These projects are true accelerators of learning, by moving candidates well beyond the classroom environment and actively engaging in the work with client organizations to answer business challenges in real-time. The Telfer School of Management is one of only two business schools in Canada to hold the triple crown of international accreditations by AACSB, AMBA and EQUIS.
To learn more about the Startup Canada Innovation Award or iBIONICS, please firstname.lastname@example.org, 613-697-8818