The NIIC is helping connect businesses to funding in the Health IoT space.
Individuals and companies interested in developing products and businesses around the Health Internet of Things (IoT) will have a new option. The NIIC is one of 40 organizations from 28 states and two territories to be awarded funding to create and expand cluster-focused commercialization program under the Economic Development Administration (EDA) 2018 Regional Innovation Strategies (RIS) Program. This includes a three-year, $750,000 grant to The NIIC to form the Indiana Connected Health IoT Lab/Network. Health IoT describes health-related technologies where just about anything can be connected, communicated and used remotely in an intelligent way.
This is an incredible opportunity to globally advance and connect our healthcare assets in Indiana. Northeast Indiana is well positioned to house the Connected Health IoT Lab, given its large health-related market clusters of medical devices, insurance and healthcare supply chain companies.
Our programming and infrastructure will provide entrepreneurs, business builders, larger corporations and interested groups with innovative IoT ideas with resources, tools and networks. These will be used to develop those ideas into innovative products, new or expanded businesses and new markets.
The lab/network will actively engage healthcare companies, IoT supplier companies, universities and other innovative support organizations. A Proof-of-Concept Center will pilot and experiment with innovative ideas, to connect the dots to improving the patient experience and dealing with the problems and pains experienced in today's healthcare industry. The NIIC will further provide ongoing intensive business coaching and facilitate the sourcing of connections to capital to promising projects from the lab.
Details to come!
To learn more, support or be part of the Indiana Connected Health IoT Lab/Network, contact Mike Fritsch, Director of Revenue Development & Entrepreneur in Residence at The NIIC, email firstname.lastname@example.org or call 260-407-6442