Global Action Challenge doubles to a $2 Million investment

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The 2014 Innovation Investment Competition for Food and Health acknowledges its past finalists and semi-finalists.  Companies, entrepreneurs and scientists are encouraged to submit an application by August 29, 2014.

Finalists were recognized for breakthrough prototypes, technologies, and/or early stage ventures in the food and health industries. The award was open to food and/or healthcare innovators and entrepreneurs around the world. Over 220 entries were received and reviewed by top-level industry experts. Submissions from Tennessee, Alabama, California, North Carolina, Florida, Pennsylvania, Missouri, Illinois, Georgia, New York, Indiana, and Nevada, Peru, Italy, Nigeria, Chile, the Philippines, Singapore, Brazil, Japan, and India.

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The $1 Million Investment Award, presented to US Biologic was recently doubled to become a $2 Million investment. The innovation developed by US Biologic prevents the transmission cycle of Lyme disease. Lyme disease is the #1 vector-borne disease in the U.S. with over 300,000 new cases each year.

 

Watch for further information about the launch of the 2014 Innovation Challenge, which will be posted soon.

The Global Food and Health Innovation Challenge is established in partnership with a group of leading venture capitalists, angel investors, and public venture funds. The CumberlandCenter announced the launch of the Global Food & Health Innovation Challenge on March 26, 2013.

Created as a result of the Global Action Summit, and its Global Action Platform, the investment fund offers up to a million dollars for transformative innovations ready to be scaled into business enterprises. For further details, view the press conference at right (about 9 minutes):

The annual Global Food and Health Innovation Challenge accepts submissions and makes investments for breakthrough prototypes, technologies, and/or early stage ventures in the food and health industries, with applications accepted from entrepreneurs and innovators from around the world.

The Global Food and Health Innovation Challenge is an initiative of the Global Action Platform, funded by a combination of TNInvestCo Funds, Private Equity Funds, and Angel Investors, with business investment management from the Nashville Entrepreneur Center. In partnership with the Diplomatic Courier, The World Bank, STEMconnector, Oak Ridge Associated Universities, and our Global University Network.

 

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