techNL (through Bounce Health Innovation) and Invest Nova Scotia are undertaking a program called Scale-up Hub (the “Program”). The Program is designed to provide business development support to achieve accelerated sales growth in a target market for a maximum of ten (10) Atlantic Canada companies (the “Cohort”), that are technology-enabled, high growth, and possess distinct innovation. The Cohort will be comprised of experienced entrepreneurs with the capacity to scale internationally. They will possess sufficient financial resources and a keen commitment to support a long-term presence within the Boston/US market.
The Program term for this Cohort commences in October 2023 and will run to June 30, 2024.
The Program will be offered to companies in a hybrid format, and it is expected that some of the participating companies will be in Boston bi-monthly (or more frequently depending on progress). As part of delivering this Program, provision has been made for the regular services of an external consultant to coordinate all the activities related to the Program and to support the project leads at Bounce Health Innovation (Bounce) and Invest Nova Scotia.
This RFP process will result in the selection of a consultant that can work with Bounce and Invest Nova Scotia to coordinate Program activities, including in-market activities in Cambridge/Boston, as well as supporting all documentation and quality assurance requirements. All Program activities will be created and documented in a way that supports re-offering of the Program in subsequent years.
This Request for Proposals (RFP) is being undertaken to identify a suitable consultant to coordinate the activities of the Program. The primary goal of Scale up Hub Cambridge Program is to help drive export sales for Atlantic Canadian businesses and to strategically align the companies’ innovative products and solutions with the needs of buyers including hospitals, private clinics, healthcare payers, etc. This program will be designed and operated in partnership with the Canadian Consulate in New England. The original Scale-Up Cambridge model has been modified to embrace a strategic partnership with the Consulate in Boston. The Program will offer strategic access to the New England healthcare market. The program will recruit a cohort of 10 companies from the MedTech and digital health verticals. It is anticipated that some of the participants will have completed the 8-month CTA program in Cambridge. This Program will utilize a portfolio of consultants with various strengths and connections. The intent for this group of companies, is to focus primarily on business development and sales efforts
Date of Issue: October 3, 2023
Submission Deadline: October 17, 2023 at 3:00 pm NST