MIT Solve

Synergies Work Announces Finalists for 2024 EDDIE Awards

Retrieved on: 
Wednesday, March 20, 2024

ATLANTA, March 20, 2024 /PRNewswire-PRWeb/ -- Synergies Work, an Atlanta nonprofit supporting entrepreneurs with disabilities, today announced the 15 finalists across five categories for its 2nd annual EDDIE Awards taking place April 11 from 5:30-9:00 p.m. at Cobb Energy Performing Arts Center in Atlanta. Learn about the finalists and their respective categories here.

Key Points: 
  • ATLANTA, March 20, 2024 /PRNewswire-PRWeb/ -- Synergies Work , an Atlanta nonprofit supporting entrepreneurs with disabilities, today announced the 15 finalists across five categories for its 2nd annual EDDIE Awards taking place April 11 from 5:30-9:00 p.m. at Cobb Energy Performing Arts Center in Atlanta.
  • --Synergies Work Founder and CEO Aarti Sahgal
    One winner will be named in each category.
  • Finalists will receive an all-expenses-paid trip to the EDDIE Awards to take part in the evening's celebration.
  • Remaining proceeds from the EDDIE Awards will be used to support Synergies Work's programs, all of which are free to disabled founders.

Cure® Announces Five Winners of Cure Xchange Challenge: Health AI for Good

Retrieved on: 
Thursday, February 22, 2024

NEW YORK, Feb. 22, 2024 /PRNewswire/ -- Cure®, a healthcare innovation campus in New York City, today announced the five winning startup companies of its inaugural Cure Xchange Challenge: Health AI for Good. The winners will receive one-year residencies at Cure, unrestricted seed money, mentoring, in-kind resources and support services from Cure's partners, such as Amazon Web Services, ThermoFisher and NVIDIA.

Key Points: 
  • NEW YORK, Feb. 22, 2024 /PRNewswire/ -- Cure® , a healthcare innovation campus in New York City, today announced the five winning startup companies of its inaugural Cure Xchange Challenge: Health AI for Good .
  • Oatmeal Health : AI-enabled cancer screening provider focused on delivering early-detection, health equity, and care coordination services for marginalized communities of Federally Qualified Health Centers (FQHCs) and Health Plans.
  • The event will include presentations from each winner and convene health, life science, and public sector leaders for discussions on AI in health.
  • The Cure Xchange Challenge: Health AI for Good is the inaugural challenge in a series that Cure is developing to foster and improve cross-disciplinary health innovation.

State of Open Innovation 2023 report: Organizations use open innovation to address their most urgent and important goals

Retrieved on: 
Thursday, November 16, 2023

NEW YORK, Nov. 16, 2023 /PRNewswire/ -- The world has changed dramatically in the past five years, and in this new world, there's a growing awareness of open innovation and recognition of its potential to achieve an organization's most urgent and important goals. Today, Luminary Labs released the State of Open Innovation 2023, a follow-up to the company's landmark 2018 report. The new report, available online at luminary-labs.com, includes insights from open innovation leaders at more than 100 organizations — including AstraZeneca, Bayer, MIT Solve, NASA, the National Institutes of Health, Siegel Family Endowment, the U.S. Department of Veterans Affairs, the University of Chicago, and the Walton Family Foundation.

Key Points: 
  • Today, Luminary Labs released the State of Open Innovation 2023 , a follow-up to the company's landmark 2018 report.
  • Now, across sectors, partnership is a prerequisite, and open innovation is essential to keeping pace in a rapidly changing world.
  • Many organizations that have mature open innovation competencies — with expert people, teams, and processes — are also organizations where open innovation is important to the mission and strategy.
  • The evolution toward external partnership is helping organizations fully realize the promise of open innovation by embracing collaboration and mutual benefit.

Innosol Health and Solves Strips® Enter Option Agreement to License Innovative Performance Energy Oral Film Strip Patent

Retrieved on: 
Tuesday, November 7, 2023

CINCINNATI, Nov. 7, 2023 /PRNewswire-PRWeb/ -- Innosol Health, a leading innovator in the field of healthcare solutions and the development and marketing of oral thin film strips under the brand Solves Strips®, is thrilled to announce a strategic engagement with the University of Georgia Research Foundation, Inc. through an option agreement to license a ground-breaking patent in the domain of performance energy. US issued Patent #10,307,435, a method for enhancing exercise performance in athletes.

Key Points: 
  • We are excited about the potential of this performance energy oral thin film strip patent and the opportunity to work with Dr. Cooper," said Michael Kuhbock, President of Innosol.
  • The patented performance energy oral thin film strip leverages cutting-edge delivery mechanisms to provide a rapid and efficient method via Oral Dissolving Strips that enhance exercise performance in athletes.
  • Exclusive Licensing Opportunity: Innosol is granted the exclusive option to license the performance energy oral thin film strip patent.
  • "We are excited about the potential of this performance energy oral thin film strip patent and the opportunity to work with Dr. Cooper," said Michael Kuhbock, President of Innosol.

Finalists announced for second Truist Foundation Inspire Awards

Retrieved on: 
Tuesday, October 17, 2023

CHARLOTTE, N.C., Oct. 17, 2023 /PRNewswire/ -- Truist Foundation today announced the finalists for the Inspire Awards, a pitch grant program that elevates and celebrates nonprofits from across the country with innovative solutions that support entrepreneurs. This year's awards spotlight how nonprofits can leverage technology to empower entrepreneurs to serve their customers, adapt during economic disruptions, streamline operations, and build partnerships that strengthen the small business community.

Key Points: 
  • "We're thrilled to welcome these seven nonprofit finalists to our Inspire Awards program; their care for small businesses and dedication to innovation is what helps our communities thrive."
  • The following organizations submitted solutions with transformational potential and have been selected as the new class of Inspire Awards finalists:
    ACT!
  • "I am uplifted by the remarkable Truist Foundation Inspire Awards finalists.
  • At the conclusion of the event, Truist Foundation will announce a winner, second place and audience favorite.

CURE® OPENS APPLICATIONS TO CURE XCHANGE CHALLENGE FOCUSED ON "HEALTH AI FOR GOOD"

Retrieved on: 
Tuesday, September 12, 2023

NEW YORK, Sept. 12, 2023 /PRNewswire/ -- Cure, a healthcare innovation campus in New York City, has opened applications for its Cure Xchange Challenge, a bold initiative to incubate innovations by healthcare start-ups and entrepreneurs across disciplines and sectors to responsibly and equitably use artificial intelligence (AI) in health. Applicants may submit projects designed to accelerate basic research, diagnose conditions, develop novel treatments, predict and prevent disease, or lead to better health outcomes and cures.

Key Points: 
  • Winners will have mentors from among Cure's executive advisory board and connections with world leaders, renowned entrepreneurs, public health experts and executives.
  • "We are excited to be launching this challenge and looking forward to welcoming the winning teams to Cure.
  • Applications for the Cure Xchange Challenge: Health AI for Good are open to U.S.-based applicants who are able to participate in a one-year New York City residency starting in February 2023.
  • Applications are open to early-stage individuals or teams working at the concept, prototype or pilot stage of their AI solutions.

Truist Foundation announces second Inspire Awards Challenge to support nonprofits serving undercapitalized entrepreneurs

Retrieved on: 
Monday, May 8, 2023

CHARLOTTE, N.C., May 8, 2023 /PRNewswire/ -- Truist Foundation announced the launch of its second Inspire Awards Challenge, featuring a pitch and a capacity-building grant program for nonprofit organizations that are aiding entrepreneurs from undercapitalized communities. The second Inspire Awards Challenge spotlights how technology remains crucial for small business success, exploring how it can empower entrepreneurs to serve their constituents, adapt during economic disruptions, streamline operations, and build partnerships that strengthen the small business community.

Key Points: 
  • The second Inspire Awards Challenge spotlights how technology remains crucial for small business success, exploring how it can empower entrepreneurs to serve their constituents, adapt during economic disruptions, streamline operations, and build partnerships that strengthen the small business community.
  • "Truist Foundation is thrilled to bring back the Inspire Awards Challenge for a second year, as we see this initiative as a pathway to opening the aperture of our grantmaking pipeline to more innovative nonprofit organizations," said Lynette Bell, president at Truist Foundation.
  • Truist Foundation and MIT Solve will conduct a six-month wraparound support program for a cohort of seven nonprofit finalists to help transform their groundbreaking ideas into tangible solutions.
  • During the 2022 Truist Foundation Inspire Awards Challenge, more than 127 nonprofits applied, with 75% of the teams being led by women and half by Black leaders.

Horizon Therapeutics plc and Massachusetts Institute of Technology (MIT) Solve Announce the Launch of the Third Annual Horizon Prize to Inspire Sustainable Solutions for Research and Care in the Rare Disease Community

Retrieved on: 
Tuesday, April 18, 2023

Horizon Therapeutics plc (Nasdaq: HZNP) today announced the launch of the third annual global innovation challenge, The Horizon Prize, powered by MIT Solve.

Key Points: 
  • Horizon Therapeutics plc (Nasdaq: HZNP) today announced the launch of the third annual global innovation challenge, The Horizon Prize, powered by MIT Solve.
  • Each year, the Horizon Prize poses a challenge question, asking entrepreneurs and innovators worldwide to think creatively to solve a relevant issue in the rare disease community.
  • One winner will be awarded a total of $150,000 in funding.
  • “This year’s Horizon Prize challenges innovators to bring forward ideas that can decrease research inefficiencies while also addressing issues that rare disease patients and their caregivers face,” said Tim Walbert, chairman, president and chief executive officer, Horizon.

MIT Solve Names Hala Hanna as New Executive Director

Retrieved on: 
Thursday, April 13, 2023

CAMBRIDGE, Mass., April 13, 2023 /PRNewswire/ -- Solve, an initiative of the Massachusetts Institute of Technology (MIT), is excited to announce Hala Hanna as its new executive director.

Key Points: 
  • CAMBRIDGE, Mass., April 13, 2023 /PRNewswire/ -- Solve, an initiative of the Massachusetts Institute of Technology (MIT), is excited to announce Hala Hanna as its new executive director.
  • MIT Solve is a marketplace for social impact innovation with a mission to drive innovation to solve world challenges.
  • Hanna spent the last six years at MIT Solve, where she helped build the initiative into a global community.
  • Before joining MIT Solve, Hanna was Director of Strategy and Impact at the World Economic Forum.

MIT Solve Names Hala Hanna as New Executive Director

Retrieved on: 
Thursday, April 13, 2023

CAMBRIDGE, Mass., April 13, 2023 /PRNewswire/ -- Solve, an initiative of the Massachusetts Institute of Technology (MIT), is excited to announce Hala Hanna as its new executive director.

Key Points: 
  • CAMBRIDGE, Mass., April 13, 2023 /PRNewswire/ -- Solve, an initiative of the Massachusetts Institute of Technology (MIT), is excited to announce Hala Hanna as its new executive director.
  • MIT Solve is a marketplace for social impact innovation with a mission to drive innovation to solve world challenges.
  • Hanna spent the last six years at MIT Solve, where she helped build the initiative into a global community.
  • Before joining MIT Solve, Hanna was Director of Strategy and Impact at the World Economic Forum.