Center for Entrepreneurship

Healthcare Entrepreneurship Community Challenge

Hofstra University was awarded funding in September 2017 from the U.S. Economic Development Administration’s selective i6 Challenge grant program to launch the Healthcare Entrepreneurship Community Challenge. The Challenge focuses on inspiring entrepreneurs to develop real-world solutions to health problems in underserved communities in downstate New York.

Over the past three years, over 150 entrepreneurs have participated in the Healthcare Entrepreneurship Community Challenge and have received over $6.5 million in private investment and grant funding. Over half of the companies were founded by women or diverse entrepreneurs.

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A Steering Committee formed of public health experts co-chaired by Dr. Martine Hackett, associate professor of Health Professions, and Dr. Anthony Santella, assistant professor of Health Professions, selects an annual Challenge topic. Innovations should promote health equity and address the differences in health status that exist by race/ethnicity, class, and geography. The goal of this Challenge is to improve patient satisfaction, quality and safety, lower healthcare costs, and advance population health. The Challenge will connect participating entrepreneurs with communities to test and develop their products.

The partners and sponsors of the Healthcare Entrepreneurship Community Challenge include the Hofstra University Center for Entrepreneurship, the Hofstra School of Health Professions and Human Services, the Donald and Barbara Zucker School of Medicine at Hofstra/Northwell, Northwell Ventures, Digital Remedy, the Office of the Provost, and the Frank G. Zarb School of Business.