FedDev Ontario provides Able Innovations C$797,031 repayable contribution

Feb 3, 2023 · Award · Able Innovations · Healthcare

FedDev Ontario provided Able Innovations a C$797,031 repayable investment to advance manufacturing processes and create jobs around its patient-transfer technology.

Able Innovations company media
Company media · Able Innovations
  • The support came through FedDev Ontario's Business Scale-Up and Productivity stream.
  • Able said it would use the C$797,031 investment to purchase manufacturing equipment and create critical jobs.
  • The government-backed capital supported the transition from product development toward repeatable Canadian manufacturing.

Able Innovations develops robotic patient-transfer systems for hospitals and care facilities. Its ALTA Platform automates lateral transfers between beds and stretchers while supporting one-person operation, powered transport and facility usage monitoring.