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Initiative for Health Entrepreneurship and Innovation
An EDA-supported University Center grant will expand the Northern Kentucky University Collaborative for Economic Engagement (the Collaborative), a one-stop shared-services central innovation hub for businesses and entrepreneurs, to include a targeted IHI Initiative for HealthCare Entrepreneurship and Innovation (IHEI). With the backing of the Life Science wet lab in Covington and regional anchor bioscience and health-related industries, IHEI promises to strengthen Northern Kentucky’s bioscience and health innovation ecosystem by providing skill development and work force training in STEM, healthcare, and entrepreneurship; applied research for economic development; mentoring for commercialization; and targeted entrepreneurial support for founders.
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The Initiative for Health Entrepreneurship and Innovation will:

  • Expand accelerator for health-related companies to include special cohorts focused on wet lab space applicants.
  • Create a reverse mentoring program for health care systems to recruit the businesses they need to ensure post-COVID success.
  • Evolve its Entrepreneur-in-Residence program to support wet lab clientele.
  • Scholarship NKU’s graduate certificates in Clinical Trials Research and Health Care Commercialization for regional attendees.
  • Provide paid internships from Biological Sciences, Cybersecurity, Health Informatics, and Entrepreneurship to support wet lab clients and medico-health-related startups.

It will also support:

  • Economic forecasting through NKU’s Center for Economic Analysis and Development.
  • Legal assistance through NKU’s Chase Law Clinical for Small Businesses and Non-profits and partner law firm DBL.
  • Patent support through NKU’s Patent & Trademark Resource Center.
  • Additional support for entrepreneurs through the Collaborative.
  • The IHEI will help provide the tools that bioscience and health-related entrepreneurs need to thrive–knowledge, data, talent, and capital.


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