According to the organizations, HMH Emerge is a new, exclusive pitch competition for Ireland-based health startups. The goal is to provide these Irish health care innovators the opportunity to bring their ideas to fruition through piloting, partnering, mentorship and/or investment.
The process is targeted at tailoring commercialization opportunities in the U.S. health care market. It includes an initial two-minute, high-level video pitch. The selection of 10 startups follows. The program culminates with the top three selected startups presenting to the HMH Bear's Den board. That group includes HMH executives, board members, and external investors.
Some program particulars and key dates:
Open to all groups from Ireland
Decided on a case-by-case basis
Non-disclosure agreements assure intellectual property (IP) protection during program
Application deadline May 15;
Top 10 notification May 30;
Bear’s Den scouting team pitch July 15;
Finalist notification July 22;
Bear’s Den final pitch Sept. 9
Ihor Sawczuk is Hackensack Meridian Health’s president of academics, research, and innovation. He described HMH Emerge as a new way for the "cutting-edge health network" to further develop global talent, ideas and collaborations. Sawczuk also serves as the founding chair of the HMH Research Institute and associate dean of clinical integration as well as professor and chair emeritus of urology at the Hackensack Meridian School of Medicine.
“Our goals are for revolutionizing health care not just in New Jersey but on the world stage,” said Sawczuk.
In June 2023, Gov. Phil Murphy signed legislation into law that establishes the New Jersey-Ireland Trade Commission. Standing from left: Tim Sullivan, CEO of the New Jersey Economic Development Authority; Assemblywoman Carol Murphy, D-7th District; and Ireland Sen. Mark Daly. - PROVIDED BY RICH HUNDLEY III/NJ GOVERNOR'S OFFICE
HMH Chief Innovation Officer Sandra Power-Elliott leads the network’s Office of Innovation and Commercialization. She said this is a fantastic opportunity to leverage such promising innovation from the health care system's colleagues across the Atlantic.
“In trade, these companies can get invaluable footholds in the American market,” said Powell-Elliott. “It’s a winning idea in both directions.”
“We have fantastic relationships with our colleagues in Ireland,” said Bill Noonan, chief business development officer, Choose NJ. “It’s such a vibrant place for innovation and enterprise, and we are glad to help catalyze such potential for everyone’s benefit.”
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