Secretary of Veterans Affairs Eric K. Shinseki announced the opening of the Industry Innovation Competition by the Department of Veterans Affairs (VA) making available $80 million for private sector innovations.
The competition is the most recent effort under the VA Innovation Initiative (VAi2), a department-wide program that brings innovations to VA’s challenges by involving employees and the private sector in the creation of solutions in service to veterans .
Public and private companies, entrepreneurs, universities and nonprofits are encouraged to participate in the competition, targeting advancements the following advancements in healthcare:
- New models of dialysis and renal disease prevention;
- Improvement of polytrauma care; and
- Reduction of adverse drug events.