The Innovation Jam is a “Shark Tank” style event which solicits and identifies high-potential healthcare and health innovations ready for commercialization that is open all Duke faculty, staff, trainees and students.
Applicants submit pragmatic health innovations with an immediate application at Duke and/or commercial potential. Proposed ideas can be a concept or a simple prototype, but must have a clear business and value proposition.
In the first five years of jamming, we heard 30+ pitches and helped incubate 8 companies including:
- InnAVasc: Jeff Lawson and Shawn Gage
- A medical device company that designs and develops products for vascular and hemodialysis access
- $2.9M raised through DAN and MedBlue
- Working through regulatory approval process
- kelaHealth: Erich Huang, Katherine Heller, and Jeff Sun
- Analytics / machine learning platform to optimize surgical outcomes
- STTR funding $225K (NOA anytime), NC IDEA matching -$65K
- Final due diligence at Duke Angel Network & a seed-stage fund – Another likely angel investment (Greenbox ventures)
- SCANSLATED: Ryan Short, Nick Befera, and Raj Gondalia
- Software platform transforms technical radiology report into a diagrammatic, simple document to enhance patient comprehension and engagement
- Acquired ~4M radiology reports for training and testing machine learning algorithms
- Finalist in the SIIM 2017 Innovation Challenge