Texas Medical Center’s launch of the $25 million TMC Venture Fund adds the organization to a growing list of institutions that have made investing in early stage healthcare startups part of their strategy for cultivating innovation across their networks. TMC has connected the venture fund to its 3-year-old accelerator and other sources of entrepreneurship in its community.
From the perspective of Bill McKeon, Texas Medical Center CEO, the venture fund is a way of helping fulfill a broader vision of cultivating innovation across the health system.
