Tampa General to Launch Healthcare Innovation Venture Fund in Q1 2021

What You Need to Know:

Today, Tampa General Hospital
President and Chief Executive Officer John Couris revealed the development of
Tampa General Hospitals InnoVentures, an equity capital healthcare innovation fund
concentrated on early-stage start-ups
and direct investments. With the inauguration of TGH InnoVentures, Tampa
General will sign up with an elite group of the countrys leading medical centers
taken part in equity capital investing.

” TGH InnoVentures is an important ingredient in our tactical vision to become the most safe and most ingenious academic health system in America,” said Couris. “It has the possible to be a game-changer for both the health and the organization care market. First and foremost, TGH InnoVentures will allow us to develop ingenious solutions to enhance the quality and access to care right here at Tampa General. At the same time, TGH InnoVentures will offer us a platform to invest both resources and funds into emerging companies and technology that will have the capability to considerably enhance the shipment of health care within our region, state, and even nationally.”

— Tampa General Hospital announces its plan to release a new
healthcare innovation venture fund to enhance the quality and access to care
throughout the Tampa/St. Pete metro area in Q1 2021.

— Through TGH InnoVentures, Tampa General will partner
with Embarc Collective, Tampa Bays innovation center and education not-for-profit
devoted to assisting startups become scalable, thriving organizations.

TGH InnoVentures Investment Approach

TGH InnoVentures will be consisted of 3 primary cars:

1. The TGH Innovation Lab will serve as an onsite program
created to support staff member and doctors in enhancing functional
performances and solving issues within the company. Through the TGH
Accelerator program, the organization will invest and nurture early-stage
healthcare or healthcare shipment business as they prepare their service
for the marketplace.

2. Function as a living-learning lab engaging group
members and physician-scientists, as well as emerging business, supplying
knowledge, area, and gain access to organizational resources in addition to direct
capital.

3. Straight purchase health care and healthcare-related
companies.

Collaboration with Embarc Collective

TGH InnoVentures is the most current site to be located in Tampas establishing medical district, which is consisted of research, clinical care, and academic structures clustered together to create an environment that will stimulate innovation and partnership, and even more bring in private equity, venture capital, and biosciences.

Through TGH InnoVentures, Tampa General will partner with Embarc Collective, Tampa Bays.
development center and education not-for-profit devoted to assisting startups grow into.
scalable, growing companies. TGH InnoVentures will work as Embarc.
Collectives healthcare partner, settling in their 32,000 square.
foot center, located at 802 E Whiting St in Tampa, Florida.

< TGH InnoVentures will officially launch in the first quarter. of 2021. Official Launch Date.