November 9 2020 – TGH InnoVentures is a venture capital fund dedicated to driving a culture of innovation across the region’s academic medical center through the support of early-stage startups and direct investments.
The fund will be comprised of three primary vehicles.
The TGH Innovation Lab will serve as an onsite program designed to support team members and physicians in improving operational efficiencies and solving problems within the organization.
The TGH Accelerator program will enable the organization to invest and nurture early-stage health care or health care delivery companies as they prepare their business for the market. Tampa General will function as a living-learning laboratory engaging team members and physician-scientists, as well as emerging companies, providing space, expertise, and access to organizational resources in addition to direct capital.
Finally, through TGH InnoVentures, Tampa General will directly invest in health care and healthcare-related companies.
Through TGH InnoVentures, Tampa General will partner with Embarc Collective, Tampa Bay’s innovation hub and education nonprofit dedicated to helping startups grow into scalable, thriving businesses. TGH InnoVentures will serve as Embarc Collective’s health care partner, taking up residence in their 32,000 square foot facility, located at 802 E Whiting St in Tampa, Florida.
Rachel Feinman will join Tampa General in the newly created role of vice president for innovation in January 2021. She will help launch and manage TGH InnoVentures. Feinman, a Tampa native and intellectual property attorney with a background in venture capital, comes to Tampa General from the Florida-Israel Business Accelerator (FIBA), where she served as the executive director.
TGH InnoVentures will officially launch in the first quarter of 2021.