US-based medical care provider Tampa General Hospital (TGH) will launch a corporate venturing unit led by Rachel Feinman in the first quarter of next year.
Feinman will join TGH in the newly created role of vice-president for innovation in January and will head TGH InnoVentures from her current position as executive director of the Florida-Israel Business Accelerator.
Feinman said: “TGH InnoVentures will help build a nationally recognised home for innovation right here in Tampa Bay.”
TGH InnoVentures will be comprised of three primary vehicles and act as the healthcare partner for educational innovation hub Embarc Collective, taking up residence in its 32,000 square foot facility alongside more than 50 early-stage startups.
The TGH Innovation Lab will meanwhile look for operational efficiencies and methods of solving problems within the organisation, while TGH Accelerator will use the hospital to develop ideas by physician-scientists as well as emerging companies, providing space, expertise and capital.
TGH InnoVentures will also directly invest in health care and healthcare-related companies as a corporate venture capital fund.
John Couris, president and chief executive of TGH, said: “TGH InnoVentures is a critical ingredient in our strategic vision to become the safest and most innovative academic health system in America.”
Photo of Rachel Feinman courtesy of LinkedIn.
