Myelin makes artificial intelligence a social innovation tool

Marc-Olivier thinks artificial intelligence (AI) can be a solution to human problems and can innovate health promotion.

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Providing a digital structure to social help

Marc-Olivier Schüle, along with his two partners, Marise Bonenfant and Francois Menet, is introducing Myelin, a new innovative startup that gives access to the best, most accurate information on autism. The AI tool adapts its answers to your level of knowledge and the type of question you want to ask.

Myelin is not inventing anything new, it innovates the way actual knowledge is processed, structured and delivered.

When you look at current information on Google related to autism, it is non-professional, non-official and… probably false. Myelin will be a source of knowledge supported by recognized institutions like the School of Psycho-Education from Université de Montreal, Quebec Federation on Autism, Ivado (the Institute for Data Valorization) and many other.

Academic excellence at the service of social intervention 

Marc-Olivier knows what he is talking about: he has years of experience in psychosocial intervention that made him realize the need for a serious and reliable foundation to build trusting relations with patients and their parents. At the same time, his academic experience (he is doing a PhD at Université de Montreal) reveals that the latest advances in research are unfortunately buried in universities’ intranet servers.

There are over 2000 articles published every day on mental health. How can we all process it and make it useful? Psychosocial actors need secure and reliable tools so we can spend more time on working on our relation with parents and children

From a prototype to a social artificial intelligence tool  

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This is only the beginning of the story: Marc-Olivier’s speech at TedX Laval was viewed over 40,000 times on Youtube (an all-time record) so it is undeniable that people believe in artificial intelligence applied to health issues.

The prototype is now ready for autism but Myelin wants to touch on other subjects in the future: ADHDH, anxiety, Alzheimer… to provide the general public with the proper tools to make a free and informed choice in their lives.

With a successful crowdfunding campaign on La Ruche, support from prestigious academic, medical, institutional and entrepreneurial actors and – last but not least – a dedicated and passionate team of entrepreneurs, Myelin is clearly innovating the startup scene.

How to raise a child in a mobile world?

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There are so many articles lately about the risks of leaving your kids with your smartphone or in front of screens but what do tech companies do about it? Discover one innovative tool launched by two friends from New Brunswick, Itavio.

The story of two “veteran” game developers

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Melani and Matt have worked in the gaming company for several years. They met while working at Gogii Games, a gaming company based in New Brunswick, dedicated to the development and distribution of games.

In 2015, they decided to go on the exciting adventure of starting their own business. Melani is the marketing guru and Matt is the ideation pilot. They decided to launch an innovative tool that gaming companies could offer to parents for a more responsible usage of their products. Indeed, mobile usage and mobile gaming have evolved tremendously over the years. Gamers used to be a specific community with specific tools. Today, everyone can be a gamer, including children.

An ethical dimension

Itavio stands for “It takes a village” to raise a child in a mobile world. So it has to do with education, and helping both parents and game companies provide a more responsible product.

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In-app advertising (via https://pencilcase.io/blog/mobile-advertising)

Itavio offers a plugin that game developers can add to help parents limit the in-app purchases on free-to-play games. Here is a concrete example: remember that old addictive Candy Crush Saga? There are several in-app purchases available: extra lives, golden bars, extra moves, color bombs… During its peak of popularity, in 2014, Candy Crush players spent approximately $1.33 billion on in-app purchases. These purchases can be intentional but sometimes, they result from kids clicking carelessly on their parents’ smartphone or tablet.

Adapting to changing consumption patterns

Itavio wants to create a regulated environment where parents, children and gaming companies can peacefully interact and coexist. This would avoid parents an extra anxiety related to overspending and also empower children to manage their time and money. Indeed, children have become complex customers: they not only want to buy a real candy bar, but also a virtual candy.

A venture that attracts media companies

Today, Itavio has already signed with prestigious partners including Hearst. Even better, they are members of the Heart Lab, a selective community of early stage women-led startups that innovate the media or information industry. This greenhouse for new ventures invests cash and assists them in building teams and refining products.

Discover all about their pricing here.

Hardbacon, making finance accessible through innovations

Meet Julien from Hardbacon, an impact-driven fintech startup on the edge of launching an innovative mobile application to invest on the stock market.

From business journalist to entrepreneur

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(c) MTL in Tech

On Monday, during Queen City Fintech Demo Day, Julien must have had thousands of ideas coming to his mind: what an incredible journey, from writing articles on latest finance news at Les Affaires, Quebec top business newspaper, to raising more than 6 times the expected amount on Ulule, and being part of the prestigious accelerator by Bank of American and Wells Fargo in North Carolina.

Indeed, this is a promising success story that emerged from a desire to serve young generations’ financial aspirations and improve online brokerages and robo-advisors, Julien found out that it clearly needed improvements.

He therefore started by offering “Not Another Boring Course About Investment” through the crowdfunding campaign on Ulule: 4 hours of video content with a retail value of $100, offered at $50. Thanks to an efficient network of ambassador and really speaking to Millennials, it was a real success.

The online course was only the first step to a wider project: creating a platform that provides financial information to everyone and that allows to invest on the stock market.

Innovating brokerage  

With a dream team of 2 backend developers, 2 iPhone developers, one designer and one financial analyst, and this initial bundle of money, Hardbacon started working on creating a stock brokerage comparison tool and a mobile app.

“We want to do what Bloomberg did for financial institutions but for random people. Make investment accessible to everyone.”

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Targeting the right public

The Ulule campaign made them realize that contributors were actually around 35-36 years old. Millennials are not yet considering investment as a priority as an initial capital of $5000 is usually needed to invest on the stock market. Instead, contributors and target customers are thinking about ways to better handle their money, thinking about wealth and pension management.

Differentiating

Since the Canadian financial market is highly concentrated, Hardbacon is not considered as a threat by brokers, banks and other financial actors. In fact, Hardbacon is earning money by selling robot-advisors services but it is also providing a unique portfolio analysis to clients.

“We want our clients to manage their portfolio by themselves, thanks to Hardbacon advice”

It’s time to disrupt the US market

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As entrepreneurship is about always targeting new challenges, Julien is now ready to conquer the US market. Because it has similar stock market structures but with different brokers. And because it allows to offer more services to clients than Canada: in the US, Hardbacon can add a financial recommendation dimension by registering to the Security Exchange Commission.

“We want to analyse the market and provide recommendations to our clients. Ideally, the US version of the website will include a chatbot.”

You can know download Hardbcon on Apple’s AppStore.

Potloc: innovating marketing research while serving local communities

You have been looking at this empty store on your street for weeks and dreaming that a bakery opened there so you could get your daily fresh baguette… what if you could turn your dream into reality? Potloc might be the new innovation to help you do this, in Montreal and throughout the world!

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It all started when Rodolphe Barrere and Louis Delaoustre, two French buddies studying at HEC Montréal walked in their neighborhood (the not so original but oh so picturesque Plateau Mont Royal) and started betting how long a new shop would last in that street and how long before they would go under bankruptcy and they were usually not wrong.

They had pinpointed the problem: desertification of retail. Now, they wondered how they could find a solution.

Tackling a concrete problem

Rodolphe and Louis started questioning people in the streets of Plateau Mont Royal about the kind of businesses they would like to see in their district and progressively, in a year, they collected 5000 answers throughout the city. This was a unique bundle of qualified information. They had created a local collective intelligence.

The social innovation orientation of the startup was clear from the beginning – using crowdsourcing to create smart neighborhoods and involving citizens in the selection of retailers – but it also had to become profit-driven.

Finding a business solution

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Now that they knew what the community needs were, they had to find the right entrepreneurs to answer these needs and this is how Potloc became a unique B2B tool for retailers to find the ideal location for their business. In other words, Potloc is selling location-based data and exclusive market research. Using social media, the team mobilizes residents of a specific district to vote on which stores they would like to see open. Through a home-made algorithm, the team is able to understand customer intents and to analyse the positive feeling under comments.

Growing by expanding throughout the world

“We offer services worldwide – although I have never been to Chicago, I can help a client find out if opening a sauna in a specific street is worthy or not. It works just like Airbnb”

If Rodolphe does not need to live in Chicago to offer services there, the company has already grown by opening a second office in Lille, in the north of France. The city was chosen instead of Paris because it is the capital of retail, where most clients are and in the future, Potloc is planning on opening offices in Toronto and in the US.

What Potloc is now doing is very simple: it serves as an intermediary between citizens, retailers and property developers. Revitalizing local retail is a real problem in Montreal and its suburbs. It is more and more difficult for retailers to survive and it is with a renewed optimism that Innovation Montreal tells the story of Potloc and Moose, two innovative startups that decided to tackle that issue with different means.

Making Montreal taxi industry greener and more innovative

When we discuss car transportation apps we usually think of Uber and especially in Montreal, we move to a controversial tone. But there are other apps that make car transportation more innovative, more sustainable and more compliant, like Teo Taxi.

Montreal is becoming a pioneer in electric energies

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If we come back five years ago, in 2012, the Montreal market was not ready for these kinds of applications but Patrick Gagné was. This innovator started a first app for booking taxis in Montreal but because of reluctant taxi companies, it was not successful at that time. Since then, he met with the right people and developed his passion for urban mobility and smart city initiatives and became one of the co-founders of Teo Taxi.

Today, Teo Taxi is a successful impact-driven project, innovating the taxi industry. It all started with motivated entrepreneurs and money. Initiated by billionaire Alexandre Taillefer and his growth capital fund XPND Capital, Taxelco is the corporation that drives Teo Taxi.

Controlling the value chain

Instead of trying to change the mindset of taxi companies to use electric cars, Taxelco simply integrated a part of the value chain and bought one company, Taxi Hochelaga, in August 2015.

patrick gagne.jpg“Controlling the second-largest taxi network in Montreal was a big asset to implement change”, Patrick Gagné

With additional financing from Claridge Investment and public subsidies from the Caisse de dépôt et placement du Québec, Teo Taxi was launched in November 2015 with an exclusively electric fleet.

Working hand in hand with the Quebec province

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This is obviously made possible by a good relationship with public services. Just like Uber, Teo Taxi is part of a pilot project from Quebec to position Montreal as a green and to turn public transports into responsible economic and social development tools. The province amended previous regulations to allow Taxelco to rent taxi permits. In the context of a new car electrification program, a $5-million grant was also given.

What makes the venture so attractive is its unique positioning, combining the tech innovation of an app with the professionalism of the traditional taxi industry.

“We are partners with the taxi industry and comply with local politicians’ expectations.”

A promising future in expansion 

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Teo Taxi owns its research infrastructure and its electric cars fleet (the very recognizable fleet of green and white Nissan Leaf, Tesla and Kia Soul vehicle). And Taxelco has a wider purpose. It has already started discussing similar projects in other cities in the world such as Winnipeg in Canada, Mulhouse in France, Colombus in the US (Ohio). Other projects also include launching electric taxibuses with the overall purpose that economic and social benefits are derived from the use of electric vehicles.