The third round of Joule Innovation grants are now open and accepting applicants.
With increased funding and additional grant opportunities, Joule is offering $200,000 across 9 grants, including:
- Two grants of $25,000 (early-stage innovations)
- One grant of $25,000 and one of $80,000 (later-stage innovations)
- One grant of $25,000 (social innovation)
- Four grants of $5,000 (two for students and two for residents) – new this year
The Joule Innovation Council —a team of physician innovators and skilled business leaders— will evaluate all grant applications on four criteria:
- Degree of Disruption
- Health Care Benefits
The council is composed of a team of physician innovators with a range of practice and business experience and as business leaders who are experts in marketing, finance, venture capital, product development and health policy.
The Council provides guidance to Joule, support to physician innovators and is responsible for the selection of grant recipients.