Tampa General develops venture capital fund, names VP for innovation: 5 things to know

The fund, dubbed TGH InnoVentures, comprises the TGH Innovation Lab, TGH Accelerator and Tampa General. Tampa General will serve as a living-learning laboratory for companies in the accelerator program to engage with group members and physician-scientists. Tampa General will likewise directly invest in healthcare-related business through the fund.
Tampa General called Rachel Feinman vice president for development to launch and handle TGH InnoVentures.

Tampa General revealed the fund on Nov. 6. Five information:
The fund, called TGH InnoVentures, comprises the TGH Innovation Lab, TGH Accelerator and Tampa General. TGH Accelerator will invest in and support early-stage health care companies.
2. Tampa General will act as a living-learning laboratory for business in the accelerator program to engage with team members and physician-scientists. Tampa General will also directly invest in healthcare-related companies through the fund.
The health center will partner with Embarc Collective, a Tampa Bay development hub that helps start-ups grow into scalable organizations. Embarc Collective has 50 early-stage start-ups that will be able to engage with TGH InnoVentures as a result of the partnership.
4. Tampa General called Rachel Feinman vice president for development to handle and launch TGH InnoVentures. She will start her brand-new role in January 2021; she previously worked as executive director of the Florida-Israel Business Accelerator.
5. Tampa General aims to introduce TGH InnoVentures during the very first quarter of 2021.
” TGH InnoVentures will allow us to establish innovative services to improve the quality and access to care right here at Tampa General,” said President and CEO John Couris. “At the same time, TGH InnoVentures will offer us a platform to invest both resources and funds into emerging business and innovation that will have the capability to considerably enhance the shipment of health care within our area, state and even nationally.”
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Tampa General Medical facility developed an equity capital fund to support early-stage startups and make direct investments in healthcare companies.

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