American Heart Association Launches Chicago Open Innovation Challenge

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CHICAGO, Aug. 11, 2014 The American Heart Association today announced the launch of its first Chicago Open Innovation Challenge, a crowdsourced, crowdfunded and judged competition to uncover new innovative tools to prevent or manage heart disease and stroke. The top three finalists will receive grants from the American Heart Association totaling $25,000 and a chance to present at the Heart Innovation Forum in Chicago on November 14, 2014. Each award winner will be featured on healthcare crowdfunding platform MedStartr.

Early-stage healthcare technology and life sciences companies with novel ideas that seek to help patients, providers or medical facilities meet the American Heart Association’s 2020 Impact Goalto improve the cardiovascular health of all Americans by 20 percent while reducing death from cardiovascular diseases and stroke by 20 percent by the year 2020are encouraged to apply.

Entries from innovative entrepreneurs, scientists, physicians, nurses, patients, engineers, administrators and passionate people from all fields will be accepted. Teams must have a presence in Illinois, Indiana, Iowa, Michigan, Missouri or Wisconsin and be available to come to Chicago for the American Heart Association’s Heart Innovation Forum on November 14, 2014. The Heart Innovation Forum is a full-day event that brings together researchers, physicians, business leaders, entrepreneurs and investors to discuss new ways to accelerate science and better understand how to treat heart disease and stroke.

For guidelines and additional details on the American Heart Association’s Open Innovation Challenge, visit http://heartinnovationforum.medstartr.com

SOURCE American Heart Association

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