Vancouver, BC - May 15, 2024 - Nimbus Synergies is excited to announce the re-opening of The GENERATOR, a rent-free startup hub for health technology companies, at its new location on the corner of West Broadway and Oak Street in Vancouver. The reimagined space boasts a mix of new and returning startup ventures, united by their dedication to healthcare innovation. Located near globally recognized health research organizations such as Vancouver General Hospital, BC Cancer Agency, Genome BC, and BC Centre for Disease Control, The GENERATOR provides residents with valuable collaboration opportunities on their journey to solve today’s greatest health-related challenges.
“Many businesses have adopted flexible or hybrid work models in recent years, which has caused us to redesign our physical layout and support initiatives to maximize value for our resident startups,” emphasized Paul Geyer, CEO of Nimbus Synergies. “By reinventing ourselves around virtual collaboration while bolstering in-person interactions, we are able to significantly increase the number of early-stage health tech startups that participate in The GENERATOR.”
The GENERATOR supports health tech startups by providing flexible co-working space, an entrepreneurial community, networking opportunities, and other informative programming. Startups benefit from a professional working environment where they can focus on scaling their businesses and redeploying the cash savings in growth initiatives, resulting in increased revenues, investment, and job growth.
Nimbus Synergies is also pleased to announce the addition of a diverse array of new health tech startups into The GENERATOR including: GenXys, a Nimbus portfolio company dedicated to medication optimization; Tuktu Care, a community-powered care provider; FloatVR, a virtual reality therapy pioneer; and EyeCareX, a company re-imagining eye care through in-home digitized exams. These ventures accompany returning residents HTuO Biosciences, Tenzr Health, Bia Sleep, CheckingIn, and Heal Mary, along with Nimbus portfolio companies Starling Minds, LifeBooster, and HEADCHECK Health.
The GENERATOR intends to further increase value to its resident startups through new opportunities for networking and collaboration including more social events and seminars from industry experts. The GENERATOR is also expanding its support resources including office hours with experts in intellectual property, SR&ED, and financing, and partnerships with complementary accelerators. Additionally, GENERATOR residents receive credits with leading cloud, AI, and B2B SaaS platform providers, discounted software and professional services, and access to unlimited caffeine – coffee and tea!
The GENERATOR remains dedicated to fostering an inclusive and welcoming co-working environment for diverse founders to learn from one another and there has never been a better time to become a part of our community. Health technology companies interested in joining The GENERATOR are invited to contact Ari Gupta, Community Manager, at arushi@nimbusinc.vc to learn more.
ABOUT NIMBUS SYNERGIES
Nimbus Synergies leads early-stage financings in innovative and complementary health technology companies in Canada. By bringing these companies together to share resources, industry specific knowledge, and relationships, Nimbus is accelerating their growth and increasing their likelihood of success. Nimbus is significantly impacting the health technology sector through its leadership as investor, partner, and mentor.
ABOUT THE GENERATOR
The GENERATOR, established in 2011 through partnership with the City of Vancouver, provides promising health tech startups with access to a rent-free modern co-working space, networking opportunities, and partner programming. The 5,000 square foot startup hub located at 1001 West Broadway, Vancouver, BC, includes fibre internet, bookable hot-desks, boardrooms, meeting rooms, unlimited coffee (and tea!) and more.