A semifinalist for Canopy Healthtech's inaugural round of grant funding pitches their project proposal to the oversight committee in Tulsa, Oklahoma.
NORMAN, OKLA - Canopy Healthtech, a multi-year initiative led by the Tom Love Innovation Hub in the University of Oklahoma Michael F. Price College of Business in collaboration with Oklahoma State University and the University of Tulsa, has selected four grantees for its inaugural investment in virtual healthtech.
Grantees will receive both grant funding (totaling $400,000) and expert mentorship to expedite the commercialization of intellectual property developed at Oklahoma-based universities.
“Canopy elevates the city of Tulsa as a thought leader and as fertile ground for virtual healthtech innovation by highlighting our state’s intellectual capital to both in- and out-of-state stakeholders,” said Rachel Lane, Canopy Healthtech executive director. “Our inaugural year is just the first flurry of activity in the industry avalanche we anticipate.”
The recipients of the funding and a brief description of their products are listed below in alphabetical order:
Local and national industry executives visited Tulsa, where Canopy is based, to evaluate the business plans from nine university-based innovators. The projects were selected based on their perceived and projected market strengths, including a high probability of clinical use or follow-on funding by 2025. Awardees plan to establish technology-related startups in Tulsa.
Canopy Healthtech is a new initiative to develop economic impact in Tulsa by accelerating the commercialization of the state’s intellectual capital. The program will catalyze start-up growth and improve healthcare outcomes by supporting the development of critical virtual health technologies that address significant healthcare delivery gaps.
Founded in 2016, the Tom Love Innovation Hub, powered by the University of Oklahoma Michael F. Price College of Business, stands as a leader in the Oklahoma entrepreneurial ecosystem. Purposed with advancing innovation and entrepreneurship at the University of Oklahoma and across the state, the Innovation Hub has helped to launch many new ventures and entrepreneurial projects. Its programs have rapidly grown the entrepreneurial ecosystem in Oklahoma by providing top-tier talent and launching promising businesses into the economy. For more information about the Innovation Hub, visit ou.edu/innovationhub.
The University of Oklahoma Michael F. Price College of Business has experienced significant growth over the past five years, becoming OU’s second-largest college with over 5,800 students. The college offers highly ranked undergraduate, master’s, executive and doctoral programs across six academic divisions. More information is available at price.ou.edu