Mount Sinai has launched a tech fund to power women and BIPOC founders innovating in healthcare, reports Fierce Healthcare.
The health system’s commercialization arm, Mount Sinai Innovation Partners, said it’s doling out the funds to help diverse innovators advance early-stage healthcare technologies and develop commercialization plans.
Called i3 Prism, the fund is open to Mount Sinai staff, faculty and students, and allots up to $33,000 per recipient, with the exact amount depending on the milestones of the person’s work.
i3 Prism is part of a series of funds launched by MSIP. Existing funds include i3 Genesis, the health system’s inaugural fund for early-stage healthcare technologies, and i3 Accelerator, which aims to use discoveries made at Mount Sinai to develop new technologies.
The name “i3” stands for “innovation, inflection and impact.” Read more.
