In September 2011, GE and partners launched a $100 million open innovation Challenge, which sought to identify and accelerate ideas that advance breast cancer early detection and diagnostics. Through a series of challenges, we welcomed researchers, businesses, students and other innovators to submit breakthrough ideas for funding consideration. During phase one of the Challenge, which closed on November 20th, nearly 4,000 people engaged on the Challenge portal, submitting over 500 ideas and leaving 170 comments.
From those submissions, five seed winners were selected by an independent judging panel and were awarded $100,000 each from GE to develop ideas relating to the diagnosis, treatment, and awareness of breast cancer.
Additional challenges will follow to identify and fund ideas that we hope will, after further development, empower doctors and patients and enable more personalized treatment for women worldwide.
Together, we are proud to introduce the seed winners of the healthymagination Innovation Challenge. Additional strategic commercial partnership announcements from the Challenge will be made later in 2012.
Although phase one of the Challenge has closed, you may still submit an entry and discuss it with our community via this website. Entries submitted after phase one has closed will not be considered for cash grant awards. All other terms of the Official Rules apply to your entry. Such entries will be reviewed by GE and considered, if appropriate, for investment by GE and its venture capital partners.
See the data visualization of entries from our first healthymagination Challenges
514*Ideas11,141Comments7,038Users
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