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New Jersey Health Foundation Awards First Two Innovation Stage Funding Grants
Date:1/23/2013

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"Chronic wounds represent a significant burden to patients, healthcare professionals and the U.S. health care system, affecting 5.7 million patients and costing an estimated 20 billion dollars annually," said Dr. Gause.  "Our research to date shows that the characteristic type of immune response triggered by macroparasites has active components that can enhance tissue repair and wound healing."

Through the Innovation Stage Funding Program, New Jersey Health Foundation has allocated $500,000 to provide grants from $10,000 up to $50,000 each to researchers with promising ideas to advance an intellectual property toward commercialization through a start-up.  At the current time, researchers with these objectives affiliated with the University of Medicine and Dentistry of New Jersey (UMDNJ) are able to apply for funding.

For more information and to check eligibility, visit the What's New section at www.foundationofumdnj.org.  

About New Jersey Health Foundation

New Jersey Health Foundation (www.njhf.org,) established in 2002 as a not-for-profit public charity, is the parent company to the Foundation of UMDNJ (www.foundationofumdnj.org) and The Foundation for Healthcare Advancement (www.foundationforhealthcareadvancement.org), which solicit private sector support for the University of Medicine and Dentistry of New Jersey and to Foundation Venture Capital Group, LLC,  (www.foundationventure.com) which makes private equity investments in start-up technology companies founded by researchers affiliated with the University.


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SOURCE New Jersey Health Foundation
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