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On June 1, 2016, Children’s Hospital Colorado announced the launch of its new Center for Innovation, a formal commitment to pioneer child health innovation that will turn ideas from "what if" into "what’s next."
"The Center for Innovation is looking for patient care and technical challenges to solve," said the Center's director, Kimberly Muller, during a launch celebration for the Center last night (June 1) at Children's Colorado's Anschutz campus. "We have the ability to efficiently pilot and clinically validate any novel product or service. We can offer promising co-development opportunities augmented by top tier expertise in pediatric health."
The Center for Innovation offers all Children’s Colorado team members an infrastructure to support innovation as well as a physical space on campus to receive training, attend workshops and take advantage of numerous programs to support strategic incubation and acceleration for ideas identified as having potential for commercialization. The Center also supports ideas that will improve the patient and family experience at Children’s Colorado.
“The Center for Innovation represents the realization of our strategic plan to embrace innovation and support our 10,000 innovators at Children’s Colorado as we uncover powerful, life-changing ideas in the pursuit of health and well-being for children,” said Gil Peri, Senior Vice President and Chief Strategy Officer. “I am most proud that Children’s Colorado is not just facilitating the exploration of innovation, rather we are 100 percent committed to this program through the development of a dedicated innovation lab, strong professional education tracks, incubators, accelerators, business mentorship, and more.”
At launch, core resources include access to a network of experienced business and entrepreneur mentors, facilitation of medical and technological partners, corporate partners that will provide pro bono or reduced-fee services, and a robust project management tracking system. A series of workshops will be offered to focus on entrepreneurship and innovation, with courses that include market assessment, product development and competitive differentiation, brand development, and much more.
After the vetting process, potential ventures will receive additional support including a dedicated mentor and support for business plan development, pro bono legal and other corporate partner services, along with intense extracurricular training in pitching and implementation planning.