Funding Amount

Up to $75,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Innovation Grants Program

Funder: Foundation for Health Advancement (FHA), Princeton, NJ

Geographic Scope: New Jersey

Focus Areas: Early-stage health-related research and technologies with strong market potential and commercialization potential, including:

  • Medical devices

  • Cancer treatments and therapeutics

  • Dementia detection

  • Alcohol use disorder treatments

  • Diabetes research

  • Intraocular disease treatments

  • Insect repellents for global health

  • Allergic inflammation research
  • Eligible Institutions: Researchers and students at FHA's affiliated partner institutions:

  • Cooper University HealthCare

  • Hackensack Meridian Health

  • Kessler Foundation

  • New Jersey Institute of Technology (NJIT)

  • Princeton University

  • Rowan University

  • Rutgers University

  • Stevens Institute of Technology

  • Virtua Health
  • Funding Purpose: Support for proof-of-concept work, data collection, prototyping, and further development of early-stage technologies to make them more commercially attractive.

    What Can Be Funded: Direct program costs only

    What Cannot Be Funded:

  • Overhead costs

  • Tuition

  • Indirect costs
  • Support Beyond Funding: FHA provides mentoring and direction to researchers on business processes, proof of concept, and commercialization strategies.

    Track Record: Over 30 projects funded since inception. Three innovation grants led to company formation through Foundation Venture Capital Group affiliate:

  • Kayothera, Inc.

  • Oculomotor Technologies, Inc.

  • NemaGen Discoveries, Inc.

  • Zena Therapeutics

  • Evaluate Diagnostics
  • Recent Active Grants Include:

  • Body Cavity Evacuator (D. Shersher, MD, Cooper University HealthCare)

  • Wearable Cardiac Monitor (R. Hirsch, MD, Cooper University HealthCare)

  • Analgesia without Addiction (T. Keck, PhD, Rowan University)

  • TRACHAlert Device (S. Shady, PhD, Stevens Institute of Technology)

  • Antegrade Artery Entry Device (J. Carpenter, MD, Cooper University HealthCare)

  • Articulating 360 Degree Forceps (S. Giordano, MD, Cooper University HealthCare)
  • Contact: Interested applicants should contact FHA directly

    How to Apply

    Application Process

    Specific application procedures and required materials are not detailed on the website. For application information:

    • Contact FHA directly through their website contact form for:
    • - Application requirements and deadlines - Submission procedures - Required documentation - Specific narrative or proposal guidelines

    Past recipients of this program

    Recent awards under this program (from Foundation for Health Advancement Inc's IRS filings)

    • Cooper University Hospital

      Camden, NJ · 2023

      $175K

    • Princeton University

      Princeton, NJ · 2023

      $50K

    • Rutgers University

      New Brunswick, NJ · 2023

      $34K

    • Stevens Institute of Technology

      Hoboken, NJ · 2022

      $103K

    • $23K

    7 grants in Foundation for Health Advancement Inc's 2022–2023 filings reference “Innovation Grants Program” in their stated purpose. Amounts and places as reported by the funder.

    What Foundation for Health Advancement Inc actually gave

    Source: IRS Form 990, 2025

    Grants in 2025
    3
    Total given
    $401K
    Median grant
    $125K
    Range
    $65K–$211K
    • By dollars: New Jersey 100%. Top recipient cities: Camden, NJ; New Brunswick, NJ; Stratford, NJ.

    Example grants

    • Cooper University Hospital · Camden, NJ

      Grants to support researchers early innovative ideas

      $211K

    • Rutgers University · New Brunswick, NJ

      Grants to support researchers early innovative ideas

      $125K

    • Rowan University · Stratford, NJ

      To support researchers early innovative ideas

      $65K

    IRS Form 990, 2025. Amounts as reported by the funder. Full 990 history →

    Focus Areas & Funding Uses

    Fields of Work

    science-researchstartups

    Categories

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