- On Tuesday, Santa Clara, CA-based StartUp Health launched its second regional network affiliate, StartUp Health Colorado, with the aim of creating a health innovation hub in the Rocky Mountains.
- The new entity will leverage expertise and resources at Children’s Hospital Colorado, CU Anschutz and UCHealth, all located on the University of Colorado Anschutz Medical Campus, where it will all reside.
- The goal for the first three years is to create at least 30 novel health startups.
Healthcare organizations are increasingly looking to outside partners to help diversity their revenue streams, as well as starting their own innovation and entrepreneurship programs. For example, the University of Pittsburgh Medical Center has a joint venture with IBM Watson aimed at helping hospitals improve supply chain performance. The Texas Medical Center Innovation Institute in Houston recently welcomed 11 startups into its TMCx accelerator program to focus on developing new kinds of medical devices.
At StartUp Health Colorado, entrepreneurs and startups will get assistance commercializing and growing their businesses, as well as access to over 30,000 industry leaders, investors and entrepreneurs.
They will also receive support and funding from the Colorado Office of Economic Development and International Trade and the Advanced Accelerator Grant Program.