Here's a message from our sponsor, Alberta Catalyzer:
Many families and caregivers struggle with ensuring the safety and health of their elderly loved ones, often feeling helpless when it comes to providing constant care and monitoring. Enter WeCare Dynamics Solutions Inc., a startup dedicated to addressing this crucial need with their innovative smart care solution.
Having worked in the long-term care industry for over 15 years, founder Jeffrey Yu has seen firsthand how many seniors' lives are turned upside down by sudden health emergencies like strokes or falls. Jeffrey shares that every 20 minutes, a senior experiences a death related to a fall, 50% of falls causing hospitalization happen at home, and 1 in 3 long-term care admissions is due to a fall. According to Jeffrey, current wearable devices on the market are not effective. They don't address the behavioral changes required for proactive at-home care, don't promote proactive care, and often lack dignity by being bulky, unattractive, and can diminish users' sense of independence and privacy.
To address these challenges, Jeffrey and his team developed an autonomous contactless system that provides continuous monitoring and health management, helping aging adults maintain healthy and independent lifestyles.
Before joining Alberta Catalyzer, WeCare Dynamics had made initial traction with users in Alberta, British Columbia, and even Taiwan, but faced the challenge of gaining market validation for long-term success. "While we were confident in the technology and its potential to revolutionize senior care, we needed credible feedback and strategies to effectively reach our target market," explains Jeffrey. "Alberta Catalyzer has equipped us with the tools and confidence to pursue pilot programs and partnerships. The experience has been transformative, enabling us to address our challenges head-on and position WeCare Dynamics for long-term success." He emphasizes how coaching from seasoned industry experts have helped refine the product offering and market strategy.
Just as Tony Stark aka Iron Man integrates innovation seamlessly into everyday life, WeCare's Contactless Wellness System aims to integrate into seniors' living environments, providing safety, health monitoring, and peace of mind.
Looking ahead, WeCare Dynamics is preparing for exciting milestones, including the official launch of new pilot programs across several senior care facilities in Alberta and British Columbia.
If you're a founder looking to elevate your business, consider joining Alberta Catalyzer to fast-track your startup with know-how and expert guidance.
Alberta Catalyzer offers merit-based, pre-accelerator programs for early-stage tech entrepreneurs in Alberta at no cost. These programs are developed and delivered by Platform Calgary and Edmonton Unlimited, with support from partners and organizations across the Alberta Innovation Network. They are made possible by the generous support of the Alberta Scaleup and Growth Accelerator Program, run by a consortium led by Alberta Innovates. The consortium includes the Government of Alberta, Prairies Economic Development Canada (PrairiesCan), The City of Edmonton through Edmonton Unlimited, and the City of Calgary's Opportunity Calgary Investment Fund allocated $35 million over three years to retain business accelerators. It's part of the Alberta government's goal to help create 20,000 jobs and increase technology firm revenue to $5 billion by 2030.