Florida Institute Funds Pensacola-based VetCV

Tuesday, April 11, 2017 General News
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GAINESVILLE, Fla. and BOCA RATON, Fla., April 11, 2017 /PRNewswire-USNewswire/ -- The Florida

Institute for the Commercialization of Public Research (the Florida Institute) announced today that it has finalized a funding agreement with VetCV, a Pensacola-based company with technology developed at the Florida
Institute for Human Machine and Cognition (IHMC). The Florida Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for companies spinning out of Florida-based universities and research institutions.

VetCV is an app where Veterans and their families can track and manage their healthcare activities, make appointments, request status data, track important life events, and manage their careers. Users will also be able to safely store valuable medical, military, personal records, and store precious memories. VetCV provides a platform for Veterans to build personal support networks with other VetCV members.

"Ninety-five percent of Veteran records are in paper format and while many Veteran Affairs Medical Centers (VAMC) are transitioning to electronic records and have converted over 500,000 Veteran records, many Veterans cannot access these records," said Niels K. Andersen, VetCV Chief Executive Officer. "VetCV puts control of information back in the Veterans' hands by giving Veterans and/or their caregivers a secure platform to capture and store vital information." 

"VetCV addresses the current gap in service delivery to our nation's Veterans," saidJackson Streeter, MD, Florida Institute Chief Executive Officer. "By putting Veterans in charge of their records, VetCV is supporting the VA's efforts to ensure efficiency and accuracy, and the Institute is pleased to support these important efforts." 

About the Florida Institute Formed by the Florida Legislature in 2007, the Florida Institute for the Commercialization of Public Research is a non-profit organization that works collaboratively with the technology licensing and commercialization offices of Florida's state universities and private research institutions to leverage a $2.5B+ research base and form investable companies that create clean jobs in new industries that are driving the global economy. With funding from the State of Florida through the Department of Economic Opportunity, and through the generosity of mentors, advisors and donors, the Institute provides company building services, and seed funding through the Florida Technology Seed Capital Fund, to promising Florida startups. Sixty-eight companies have been funded to date, and the Institute's economic impact through June 30, 2016 in the State of Florida was $630 million

About VetCVVetCV provides a secure vault (Web App) where our Nation's heroes can regain control of life events. This solution will provide the ability for Veterans to track and rate their interactions with the VA and other providers. The aggregate data collected from these interactions will provide the Veterans a collective voice backed up by empirical evidence.

VetCV provides Veterans and caregivers the ability to update, access, and share their vital information from anywhere at any time. It is the personal account for all the most important things for the next steps in life: career, education, medical support, reintegration, and employment. 

CONTACT:Jane TeagueChief Operating OfficerInstitute for the Commercialization of Public Research561-368-8889jane.teague@florida-institute.com


To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/florida-institute-funds-pensacola-based-vetcv-300437914.html

SOURCE Florida Institute for the Commercialization of Public Research


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