Innovation group ramps up

The Health Care Innovation Collaborative, a project of Philadelphia’s CEO Council for Growth, said Monday 115 companies and individuals applied for the chance to work with several area academic medical centers and other entities.

The collaborative, which was founded last year to boost the level of health-care innovation in the Philadelphia region, will start notifying selected applicants in mid-March. Priority will be given to applicants with products, systems, or technologies that reduce costs and help socioeconomically disadvantaged populations.

The program is designed to give start-ups and entrepreneurs the chance to work with giant institutions, such as universities and health systems, to develop ideas.

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