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Joule Innovation

Joule Innovation

   
 Joule™, the CMA’s newest company, believes that physicians are in a unique position to drive meaningful change in healthcare. 

The Joule Innovation program advances physician-led innovation through grant funding, access to mentorship, and knowledge-sharing opportunities. This unique program is one example of how Joule, CMA’s newest company, is working to make it easier for CMA members to be at their best.

Joule Innovation grants

There are five annual Joule Innovation grants available―four $25,000 grants and one $50,000 grant. In addition to funding, grant recipients can benefit from mentor guidance, national exposure, and opportunities for knowledge-sharing that can help scale their business.

https://www.youtube.com/watch?v=wCZSPx-3yVU

Meet all 5 innovation grant winners.

Grant categories

 

Deadline

The submission deadline for 2017 grant funding is May 1, 2017 11:59 pm (ET).

Eligibility

All selected projects must be led by a CMA-member and have some seed funding in place.

How to apply

To apply for a Joule Innovation grant, applicants must submit a 90-second video via the Joule app. Sample videos are available on the app.

App Store (iOS) 

Google  Play (Android) 

All members who submit an application video will be notified if they are selected to move ahead to the second stage of application, which includes the completion of a written application.

Evaluation criteria (weighting %)

  1. Relevance (30%) to Joule brand and helping physicians to be at their best
  2. Scalability (25%) potential, especially beyond Canada
  3. Health care benefits (25%) that improve peoples’ lives
  4. Degree of disruption (20%) and transformation of current healthcare approaches

Joule Innovation Council

A select group of physician innovators and business leaders will guide Joule’s work in medical innovation and support physicians. This council is composed of a team of physicians with a range of practice experience as well as physician innovators and business leaders providing guidance in marketing, finance and venture capital, product development and health policy.

The council is responsible for reviewing and assessing all grant applications.

Meet the council

Joule H2 events

Whether it’s a Joule Innovation forum, a Joule H2 ™ - Hacking Health Design Day or another Joule H2 event, all of our events offer members an opportunity to collaborate and network around the topic of innovation in health care. Visit the Joule App for our latest event listings. Join the conversation #joulepowered.

 

"I believe that innovation is a big part of any physician’s job. As such, Joule adds an added layer of value to my CMA membership. Having Joule there provides the leadership and support to facilitate innovation."

Dr. Dale Podolsky
Plastic Surgery Resident
Chief Technical Officer and Founder of Simulare Medical Corp
Joule Innovation grant recipient