Innovation Grants Program

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