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OEI is Holding a New Call for Ideas for its Sprout Program

Published on November 14, 2022 in Announcements
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In 2015, CHOP strengthened its commitment to innovation development by creating the Office of Entrepreneurship & Innovation (OEI). The vision was to bring business process, product development expertise, and leadership to identify and support the development and commercialization of CHOP research and innovation.

OEI aims to identify, fund, and develop CHOP innovation with the potential to impact pediatric healthcare through commercialization. OEI seeks technologies including new drug targets, therapeutic platforms, medical devices, digital health and software solutions, or other projects that have high impact potential and are commercially attractive.

OEI will pursue projects that meet the following criteria:

  • Impact to pediatric healthcare
  • Commercial potential
  • Ability to develop intellectual property
  • Achievable next milestone or exit strategy
  • Motivated team

Selected projects may receive funding up to a $50,000 tranche, with potential for additional tranches, and project management support to advance promising technologies to commercial decision points.

All CHOP and Research Institute faculty and staff are encouraged to submit an idea to OEI for funding and business support with innovative pediatric-related ideas including:

  • Potential new or improved drug targets, therapeutics, or platforms
  • New medical devices
  • Digital health and software solutions

If selected, the OEI team will work with the innovator team and internal and external experts to help create a plan for research and commercialization, including a development strategy, prototype development, engineering and testing, project-level capital investment, formal assessment of commercial potential, IP creation strategy, and related activities to advance the project toward the next commercial decision point.

Application Details

Applications are now open, and will close on Sunday, January 22, 2023 at 11:59 p.m.

Submit an application via our intake form.