Houston-based Texas Children's Hospital has invested in the U.S. Olympic & Paralympic Committee's Technology and Innovation Fund, with an aim of supporting pediatric medical innovations and services, the organizations announced Jan. 28.
The fund was established in 2017 to support research and development of new technologies and services in the realms of sports medicine and athletic performance innovation.
"Texas Children's support of the Tech and Innovation Fund dramatically increases our ability to build on our successes to date and significantly expand our ability to provide for Team USA athletes of all ages," Finbarr Kirwan, USOPC's vice president of sport performance, said in the announcement.
News of the Texas Children's endowment comes alongside the hospital's addition to the USOPC National Medical Network, through which it will serve as the official pediatric medicine provider for Team USA athletes.
More articles on innovation:
Melinda Gates funnels $50M into gender equity initiatives in tech hubs
UCSF accelerator launches project to improve digital health access
MaineHealth joins Northeastern U to launch AI, data institute