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Nelson-based Cyberdontics has won the 2018 Innovate BC-New Ventures Competition grand prize of $60,000, as well the $10,000 Innovate BC Top Regional Startup prize package and $15,000 CDRD Life Sciences prize package.
The startup is developing technology that automates shaping teeth to accept crowns in a fraction of the time currently required. Cyberdontics was one of 10 finalists that advanced to the final round of the six-month, four-round competition.
“It’s a real honour to win this today,” said Cyberdontics CEO and founder Chris Ciriello.
“New Ventures B.C. has really supported us, built up our team of mentors, guided us through a lot of processes. Participating in this competition has connected us with the community and people that have helped us build our company. It’s just a real honour to be a part of it.”
Richmond’s Volta Air and Vancouver’s Medimap took home the first- and third-place prize packages, valued at $110,000 and $35,000, respectively. Volta Air has created a cost-effective and sustainable refrigeration solution for the urban delivery market, while Medimap is reducing wait times at walk-in clinics by more than 50 per cent.
“Congratulations to all of the award winners and nominees. Every year, the Innovate BC-New Ventures Competition showcases the best and brightest new startups in B.C.,” said Bruce Ralston, minister of jobs, trade and technology.
“This year, the tradition continued with an impressive list of competition graduates who are on the pathway to bringing their ideas to the next level and further elevating B.C. as a leader in innovation.”
The winners of the 18th annual competition were recognized at an awards ceremony Monday evening at the TELUS World of Science.
This year’s finalists represent the diversity at play in B.C.’s tech sector. Two of this year’s top-10 finalists, Careteam and Quupe, are led by female CEOs, and both Cyberdontics and Skaha Remote Sensing are located outside Metro Vancouver.