Sep-16-11 By Aminda
GE is well known to innovators for the company’s Ecomagination Challenge, which offers significant prize money to winners of various clean energy-related innovation challenges. Now, GE Healthcare, along with four venture capitalist firms, has announced a $100 million Healthymagination challenge.
The challenge is focused on “Assembling Tools to Fight Cancer” and is described as an open call to action for businesses, entrepreneurs, innovators and students with breakthrough ideas for accelerating early detection and enabling more personalized treatment for breast cancer. More specifically, the challenge is aimed at funding promising initiatives that may improve diagnostics and lead to better understanding of the aggressive triple negative cancer. Enhanced early detection and treatment options will improve care for 10 million cancer patients.