Leading global startup accelerator Dreamit announced today that the Dreamit Health program developed in collaboration with Penn Medicine and Independence Blue Cross (Independence) has received a $325,000 grant from Blackstone Charitable Foundation to drive innovation in the health care sector.
The prestigious Blackstone Innovation Grant is awarded to organizations that strengthen entrepreneurial ecosystems and support promising entrepreneurs. The grant will allow Dreamit, Penn Medicine, and Independence to support more high-potential early stage health care startups that have the potential to increase the quality and lower the cost of healthcare in this region and nationally. It will also allow Dreamit to expand its high-impact accelerator practices based on the program’s previous three years of success.
The funding will also grow the power of the Dreamit Health network by facilitating new relationships with additional Philadelphia health care organizations while deepening integration with current partners.