The Northeast Indiana Innovation Center is one of 40 organizations that have been awarded funding for a collaboration that locally will focus on technology and health care.
The innovation center will receive a three-year $750,000 grant under the Economic Development Administration 2018 Regional Innovation Strategies Program for the Indiana Connected Health IoT Lab/Network, according to a news release Wednesday. The money will help an initiative for individuals and companies interested in developing products and businesses around the Health Internet of Things.
The Health IoT describes health-related technologies “where just about anything can be connected, communicated and used remotely in an intelligent way,” the release said.
Founding partners, local corporations and foundations are providing the required local match. They include Indiana Economic Development Corp., Indiana Tech, Purdue University Fort Wayne, Parkview Mirro Center for Research and Innovation, Elevate Ventures Northeast Indiana, Indiana University Research and Technology Corp.
“This is an incredible opportunity to globally advance and connect our healthcare assets in Indiana,” Karl R. LaPan, president and CEO of the innovation center, said in a statement. “Northeast Indiana is well positioned to house the Connected Health IoT Lab/Network, given its large health-related market clusters of medical devices, insurance and health care supply chain companies.”