Focus on outreach and recruitment to support healthcare startups and small-to-medium enterprises to design, build, and deploy solutions for healthcare challenges

Ended Project Grant Awarded Last action

Award ID
ED21HDQ0240081
Recipient
Awarding agency
Obligated
$2,774,732

Award facts

Assistance listing
11.024 BUILD TO SCALE
Completion date
Originally
Funding
  • $1,323,772.00 Federal
  • $1,450,960.00 Non-federal
Place of performance
Chicago, IL 60654, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

Purpose
The purpose of this project is to focus on outreach and recruitment to support healthcare startups and small-to-medium enterprises to design, build, and deploy solutions for healthcare challenges.
Activities
Recruit startups to develop healthcare solutions ready for commercialization. Develop and implement an algorithm-driven platform using machine learning technology.
Expected outcomes
Completion of the algorithm-driven incubation platform. Provide mentors, a talent network and learning resources to underrepresented groups.
Intended beneficiaries
Entrepreneurs, corporate partners, hospitals, health systems, and universities subrecipient activities: the recipient does not intend to sub-award funds.

Transactions

Action Federal Non-federal Date
Amendment $0 $0
Original award $1,323,772 $1,450,960

Quick answers

Who received award ED21HDQ0240081?

ED21HDQ0240081 was awarded to Innovation Development Institute Inc. by Economic Development Administration (Department of Commerce) on October 1, 2021.

How much is award ED21HDQ0240081 worth?

$2,774,732 has been obligated on ED21HDQ0240081: $1,323,772 in federal funding and $1,450,960 in non-federal funding.

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