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Accel-Rx leverages the expertise and infrastructure already created at seven CECRs (the Centre for Drug Research and Development [CDRD], MaRS Innovation, the Vancouver Prostate Centres Translational Research Initiative for Accelerated Discovery and Development, the Centre for Commercialization of Regenerative Medicine, the Centre for Probe Development and Commercialization, NEOMED and the MedDev Commercialization Centre) to aid in identifying technologies from across the country. Accel-Rx then employs a highly-qualified and diverse panel of experts to aid in the further screening and evaluation of these opportunities in order to select the top 3-4 companies per year with the highest technical and commercial potential to become part of the Accel-Rx Growth Platform. The selected companies receive an investment of up to $1 million in seed funding from Accel-Rx and funding partner BDC Capital to be matched by other investors as well as support services to ensure their development into Series A investment ready companies.
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