Johnson & Johnson Health Equity Challenge
Johnson & Johnson Health Equity Challenge
At Genius Guild, we know that health is everything. As investors, Genius Guild believes that investing in community health—especially for communities who are most proximate to health inequalities–generates what we call “Alpha+”—outsized returns for investors, founders, and those communities.
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That’s why Kathryn is serving as an expert judge on the review board for Johnson and Johnson and Spelman College’s 2023-2024 Health Equity Innovation Challenge (HEIC). HEIC invites local innovators, entrepreneurs, and community-based organizations to submit ideas on how to prevent and treat illnesses that disproportionately affect communities of color, enhance equitable access to healthcare, stimulate diversity in science, advocate for more trusted community-based healthcare and promote health equity through community engagement and education. Winners of the challenge will get $75,000 of seed funding and resources through the JLABs ecosystem for healthcare startups.
Through HEIC, Johnson & Johnson aims to highlight how socioeconomic gaps drive the greatest need for healthcare education, access, and care. HEIC therefore focuses on five cities where communities of color face significant health inequities: Atlanta, Chicago, Los Angeles, New York City, and Philadelphia. The challenge takes a community-based approach to advancing health equity by investing in the people and organizations that are already working to develop solutions to address the unique needs of their communities.?
Like Johnson & Johnson, Genius Guild supports solutions to racial health disparities from innovators who are part of the community they serve. That’s why we’ve invested in Juno Medical, which is revolutionizing primary care access in predominantly Black communities, with clinics in Atlanta, Brooklyn, Harlem, Los Angeles, and the historic Greenwood district of Tulsa that provide a one-stop office for pediatrics, women’s health, mental health, and primary care. We’ve also invested in Health in Her HUE, a digital platform that aims to lessen the racial disparities found in health care by empowering communities of color to take control of their health and learn about the health and wellness issues that affect them the most. We know that we can best solve these intractable problems by investing in the communities where health inequities are most prevalent and letting members of those communities take the lead in crafting solutions.