Second round of REACH projects announced
TORONTO, Nov. 6, 2017 /CNW/ - Ontario Centres of Excellence(OCE) is pleased to announce six successful applicants for the second round of REACH (Resources for Evaluating, Adopting and Capitalizing on Innovative Healthcare Technology), an innovative program designed to help Ontario
REACH is a grant funding program being delivered by OCE on behalf of Ontario's Ministry of Government and Consumer Services (MGCS). The funding supports healthcare organizations in developing new ways to procure solutions that do not exist in the market, or need to be adapted or improved to meet their high-priority needs – a process known as innovation procurement.
OCE is supporting participating projects in the second round of REACH with a $4.3-million program investment from the province.
"Our government is committed to funding forward-thinking approaches to procurement that can support better outcomes for Ontarians," says Tracy MacCharles, Minister of Government and Consumer Services. "The projects funded through OCE's REACH program will demonstrate new ways to procure solutions that will allow health care organizations to operate more effectively, and improve both patient satisfaction and health outcomes."
Six public healthcare service provider organizations will be receiving REACH funding for their projects:
"OCE is very excited to continue building institutional capacity in the area of innovation procurement, and these projects are embarking on a new way to procure healthcare solutions," says Dr. Tom Corr, OCE's President and CEO. "It's incredibly rewarding to support initiatives that will have an impact in the area of health system innovation."
More information about the REACH program can be found here.
About Ontario Centres of Excellence (OCE) Inc.
OCE drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario's global competitiveness. In doing this, OCE fosters the training and development of the next generation of innovators and entrepreneurs and is a key partner with Ontario's industry, universities, colleges, research hospitals, investors and governments. A champion of leading-edge technologies, best practices and research, OCE invests in sectors such as advanced health, digital media and information communications, advanced manufacturing and materials, and cleantech including energy, environment and water. OCE is a key partner in delivering Ontario's Innovation Agenda as a member of the province's Ontario Network of Entrepreneurs (ONE). Funded by the Government of Ontario, the ONE is made up of regional and sector-focused organizations and helps Ontario-based entrepreneurs rapidly grow their company and create jobs
SOURCE Ontario Centres of Excellence Inc.
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