Foundation for Health Advancement (FHA) and Cooper University Health Care announce the signing of an affiliation agreement that allows both organizations to work together to develop opportunities to advance breakthrough biomedical research and technologies within the Cooper University Health Care system.
“As the leading academic health system in southern New Jersey, the addition of Cooper University Health Care further strengthens our Foundation’s network as we strive toward new and unique collaborations,” noted George F. Heinrich, M.D, vice chair and CEO of Foundation for Health Advancement. “We look forward to working with them to advance even more health-related projects and companies within the state.”
This new affiliation enables Cooper University Health Care clinicians, researchers, and other team members to apply for Innovation Grants awarded by FHA. Cooper will also be able to access the Research/Community Health and Social Services Grant program, which are awarded by FHA’s affiliate, the New Jersey Health Foundation.
“FHA is a pillar of funding support for health research and commercialization of innovations of leading health institutions across New Jersey. Working with the FHA will help us network with other organizations, develop health care solutions, improve patient care, and bring technology to market,” noted Neal Lemon, PhD, MBA, director of the Cooper Innovation Center. “This is a very significant step forward for Cooper and we are delighted to be working with the FHA team to help grow and spread our innovations through New Jersey and the world.”
About Foundation for Health Advancement:
The Foundation for Health Advancement (FHA) is a Princeton, New Jersey based not-for-profit corporation that supports health-related research and education programs in New Jersey by providing grants to support early-stage university technologies with strong commercialization potential through its Innovation Grant Program. FHA’s affiliate, the New Jersey Health Foundation, provides grant funding for basic research and community health projects through its Research/Community Health and Social Service grant programs. A third funding program, offered through Foundation Venture Capital Group, another FHA affiliate, uses impact investing to provide pre-seed and seed funding to health-related startup companies at their partner organizations to help them advance to and through commercialization.