Here are five things to know.
1. Plug and Play connects startups to corporations and invests in more than 100 companies annually, according to a news release.
2. According to the release, OSF Ventures signed a three-year agreement to be a corporate sponsor of Plug and Play’s health and wellness program “to help identify progressive technologies that could benefit the healthcare industry.”
3. Plug and Play’s health wellness program is a 12-week event where startups are provided working space, access to investors and mentors to help further develop their companies.
4. As a corporate sponsor, OSF will join a handful of other sponsors to help select startups to go through Plug and Play’s health and wellness program, health system officials said.
5. Commenting on the agreement, Stan Lynall, vice president of ventures investments for OSF Ventures, said in the release: “Our sponsorship of Plug and Play’s health and wellness program nets OSF direct access to the best health digital startups in the world, the ability to mentor those companies, decide which of those would be useful to our ministry, partner with them collaboratively and ultimately be a venture investment candidate.”
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