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Mayo Clinic competition will award $100k to further health care
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Entrepreneurs with original ideas on how to transform America’s health care system will have a chance to get their ideas funded thanks to a nationwide competition from The Mayo Clinic Center for Innovation, Mayo Clinic Ventures and AVIA.
“The THINK BIG Challenge will connect problem-solvers across the country with Mayo Clinic professionals to collaborate, incubate and implement new solutions to help people manage their own health and change the future of health care,” Jim Rogers III, chair of Mayo Clinic Ventures, said in the release.
The contest will have two categories, with a winner from each being awarded $50,000.
The first category, “Got Health,” will focus on initiatives that promote having and maintaining healthy lifestyles among already generally healthy individuals.
The second category, “I Am Not My Disease,” will focus on initiatives combating the stigma that individuals are defined by their illness.
For one year following the competition, winners from both categories will receive guidance from Mayo Clinic experts as they further develop their concepts and prepare them for market.
Those interested in partaking in the competition can apply at www.transformconference.mayo.edu/think-big by August, 15, 2015.
“Reaching out to the start-up community for ideas to help people optimize their health is a perfect fit for our Transform 2015 conference. People prefer health over health care. The health care system should move from its conventional framework to helping people be the general managers of their own health. Power to the people,” Barbara Spurrier, administrative director of Mayo Clinic Center for Innovation, said in the release.