GE Healthcare has announced the First Cohort of their first startup collaboration program
GE Healthcare has announced the First Cohort of their first startup collaboration program on the Edison platform, Edison[X] - Startups powered by GE Healthcare’. Six start-ups- Synapsica, DeepTek, 5C Network, Cancer Moonshot, ORBO AI and Predible have been shortlisted for developing solutions on the Edison platform for some of the toughest healthcare challenges existing today. The applications received were screened through a three-stage process and the shortlisted entries were evaluated based on the strength of the business idea/plan, maturity and the closeness to productize their solution, team capabilities and relevance to defined focus areas among others. Edison[X] - Startups powered by GE Healthcare is providing a zero-equity cash-in-grant of USD 10000 to each of the selected startups. In addition, they will have access to mentorship, skill development programs, commercial and regulatory guidance, and data provision as additional benefits.
GE Healthcare unveiled Edison[X] - Startups powered by GE Healthcare’ in August this year with a focus on nurturing the startup ecosystem and working with them to create healthcare solutions leveraging the Edison platform and decades of GE Healthcare’s expertise. Startups will collaborate with GE Healthcare to arrive at solutions that improve patient outcomes and experience, efficiency of clinical practice and that of the healthcare facilities, reduce waste and inefficiencies, and eliminate costly and harmful errors.