BATON ROUGE, LA - The Baton Rouge Health District recently received its first federal grant award, funded by the Economic Development Administration’s (EDA) Venture Challenge - Build to Scale Program. This new award will establish a $1.2 million dollar regional healthcare technology innovation program (Health-Tech Catalyst) supported by nearly $600,000 in EDA grant funding and equal matching support provided by grant partners Pennington Biomedical Research Center, Baton Rouge Area Chamber (BRAC), and the Baton Rouge Health District.
“Our first federal grant is a major milestone for our organization and a testament to the quality and national competitiveness of our work,” said Steven Ceulemans, Executive Director of the Baton Rouge Health District. “The award provides important new resources to promote and implement our regional healthcare excellence agenda and it enhances the strong working relationship with our grant partners Pennington Biomedical Research Center and the Baton Rouge Area Chamber.”
According to today’s national announcement, the EDA’s Build to Scale Program will support the efforts of 52 organizations in 36 states, which will receive grants totaling $35 million to support entrepreneurship, acceleration of company growth, and increased access to risk capital across regional economies.
“Grantees were selected from a competitive pool of more than 600 applications and represent exemplary innovation and entrepreneurship from rural and urban areas across America,” said Dana Gartzke, who is performing the delegated duties of the Assistant Secretary of Commerce for Economic Development.
The newly funded three-year Baton Rouge Health-Tech Catalyst initiative will establish three program tracks with unique resources and opportunities for healthcare organizations and innovators - all to the benefit of patients across the region:
“This award represents an incredible opportunity to foster and further the innovations that will help us tackle the health challenges, such as the obesity epidemic, now ravaging our community, Louisiana, the United States, and the world. We’re excited about partnering with the Baton Rouge Area Chamber and the Baton Rouge Health District on this effort,” said Dr. John Kirwan, Executive Director of Pennington Biomedical Research Center.
As a next implementation step for the program, the Baton Rouge Health-Tech Catalyst will establish its steering and advisory committees, and start recruitment for two new dedicated staff members to support the program.
The steering committee will include the Baton Rouge Health District, Baton Rouge Area Chamber, and Pennington Biomedical Research Center. The advisory committee will be represented by the Baton Rouge Area Foundation, Baton Rouge General Medical Center, Blue Cross Blue Shield of Louisiana, Mary Bird Perkins Cancer Center, Our Lady of the Lake Regional Medical Center, Ochsner Health System, Pennington Biomedical Research Center and Woman’s Hospital. The first year of the program will include the start of inter-institutional innovation forum events and a first call for Launchpad and Innovation Challenge proposals, as well as the expansion of a number of economic development marketing and recruitment initiatives.
“The Baton Rouge Area has an incredible wealth of healthcare assets and the potential to grow into a hub of healthcare innovation,” said Adam Knapp, president and CEO of BRAC. “This funding award will rapidly advance efforts to leverage existing strengths and build a united, health-focused regional economic development engine. Our team is excited to partner on this initiative and support its goals through business development and recruitment, research, and media relations.”
About the EDA Venture Challenge
The EDA Venture Challenge funds regional initiatives that support entrepreneurship and accelerate company growth in addressing innovation system issues. In turn, they can strengthen economic competitiveness through new product innovation or new technology adoption, improve the commercialization of research, enhance the overall innovation capacity and resilience of a region, and/or leverage regional competitive strengths to stimulate innovation and job creation. The Venture Challenge recently awarded $35 million across the most competitive proposals nationwide. The program is administered by EDA’s Office of Innovation & Entrepreneurship, as part of its commitment to furthering technology-based economic development initiatives that accelerate high quality job growth, create more economic opportunities, and support the future of the next generation of industry leading companies. More information is available at https://www.eda.gov/oie/buildtoscale/ .
About the Baton Rouge Health District
The Baton Rouge Health District is a coalition of patient-focused, innovative healthcare organizations committed to the vision of a world-class, high performing health destination at the heart of a healthy and vibrant community. As a non-profit organization, the Health District promotes collaboration among healthcare providers, government officials, payors, higher education institutions and others to implement a master plan that will enhance healthcare and economic development in Baton Rouge. Founding members of the Baton Rouge Health District include Baton Rouge Area Foundation, Baton Rouge General Medical Center, Blue Cross Blue Shield of Louisiana, Mary Bird Perkins Cancer Center, Our Lady of the Lake Regional Medical Center, Ochsner Health Systems, Pennington Biomedical Research Center at Louisiana State University and Woman’s Hospital. More information is available at http://brhealthdistrict.com/ .
Thank you for signing up to receive the latest news from Baton Rouge Health District!
Oops, there was an error sending your message. Please try again later.