Protolabs, a provider of rapid manufacturing of low-volume 3D printed, CNC-machined, sheet metal, and injection-molded custom parts for prototyping and short-run production to medical devices, electronics, appliances, automotive market places, has teamed up with the Cleveland Clinic Healthcare Innovations Alliance to create an awards program that will expedite healthcare ideas. The Cleveland Clinic Healthcare Innovation Alliance program is designed to advance innovation and manage the commercialization process for health systems.
As part of the announcement, the new project will be part of Protolabs’s Cool Idea Award program and will support Healthcare Innovations Alliance members turn their ideas into real-world products and devices. According to Protolabs, Cleveland Clinic and other alliance members should submit ideas to the Cool Idea Award: Healthcare Grant. Winners will be awarded manufacturing services from Protolabs to help support development and commercialization of products. Since 2011, Protolabs has hosted the Cool Idea Award and has so far awarded Over USD1 million in manufacturing services. In a statement, Protolabs President and CEO Vicki Holt stated that this dedicated funding for the Cleveland Clinic Healthcare Innovations Alliance is an exciting extension of our award program. The Alliance shares our commitment to fostering and accelerating innovation, making the partnership a natural fit. He further noted that the medical industry makes up one of Protolabs’s largest segments of customers so we are well-versed in the intricacies of bringing medical products to market.
For the Cool Idea Award: Healthcare Grant, winners will be chosen twice a year by judges who come from Cleveland Clinic Innovations and Protolabs. Companies that aren’t associated with the Cleveland Clinic Healthcare Innovations Alliance are also fostered to apply for the Cool Idea Award program, and applications will be accepted four times throughout the year.