The New Orleans BioDistrict is a political subdivision of the state of Louisiana with a mission that includes facilitating and promoting commercialization opportunities from research developed within the District, and with the power to incur debt. New Orleans boasts 25 Qualified Opportunity Zones; the BioDistrict spans across 5 of them.
America is home to thousands of cities, towns and municipalities. Yet, only 15 are home to two medical schools. Even fewer offer a top-rated pharmacy school, dental school, six accredited nursing schools, and two veterinary schools.
Medical Schools: Louisiana State University School of Medicine, Tulane University School of Medicine (a third is in our neighboring Jefferson Parish)
Pharmacy School: Xavier University
Dental School: Louisiana State University
Veterinary schools: Tulane University and Delgado Community College
And did we mention a 1,500-acre BioDistrict in the heart of downtown, created with more than $2.5 billion in investment? It is designed to develop a biosciences industry that fosters world-class research and development; local, regional, and global healthcare delivery.
In short, thanks to bio-innovation investments, a unique community of top-rated universities, and medical curriculums, not many U.S. municipalities can boast a dynamic Bio environment like New Orleans.
New Orleans Bio: Top Talent. Breakthrough Innovation. Elite Facilities. Aggressive Incentives
New Orleans is #1 for biggest job growth in the healthcare industry from 2007-2017
Health Services is the third largest employer in the city and provides a spectrum of jobs with attractive career opportunities.
The average annual wage locally is approximately $89,700 for this cluster.
While many research and medical positions require advanced education and training, ancillary positions – for example, in facilities such as hospitals – need only high school diplomas or the equivalent.
The New Orleans Health Innovators Challenge creates strategic partnerships between top emerging companies and our New Orleans health system leaders based on articulated Challenge Statement topics. We are looking for innovators in the digital health start-up scene around the globe to bring their solutions to New Orleans.
The Health Innovators Challenge is put on by the New Orleans Business Alliance, an accredited economic development organization, and its partners. Click here to learn more about the New Orleans Business Alliance, and check out our NOLA Bio page to see why New Orleans is the best place to grow your company.
Due to COVID-19, the 2020 New Orleans Health Innovators Challenge will be postponed until a later date. Please stay tuned for further updates from the New Orleans Business Alliance and our partners.
Ready to bring your solution to the New Orleans market? Click below to learn about our Challenge Statements and apply to as many as you like!
Interested in investing in the New Orleans Business Alliance or a talented entrepreneur? Our investors are essential to the growth of the local economy and play a huge role as leaders in building and changing our local biotech ecosystem!
Connect and engage with innovators, entrepreneurs, community leaders and more by attending our kick-off event in November and live pitch event in March!
MedAux was selected as the winner of the Social Determinants Data Challenge presented by Blue Cross and Blue Shield of Louisiana and Ochsner Health System. MedAux is an EMR compatible solution that interacts with users through text messages, gathers and analyzes data, maps the data to the EMR, and sends alerts to the service providers.
The winner of Tulane Health System’s Affordable Choices Challenge, Symptify is a virtual doctor that helps users ﬁgure out causes for their symptoms, what to do about them and where to go for help. The platform combines a symptom evaluator with geolocation services, an appointment scheduler and check in application. All of these functions work together to take a user from having a symptom, to figuring out what could be wrong, to making an appointment with a doctor.
CoHealth, the winner of the Real Time Results Challenge presented by Lafayette General Health, allows healthcare consumers to access the resources they need to manage care and gives community organizations a platform to make these resources available - all in one place. CoHealth's platform is a single point of access for the entire healthcare experience. The platform is currently distributed in over 30 provider networks across North America and has helped tens of thousands of healthcare consumers manage and coordinate care.
Roundtrip is improving access to care by making it easier and more affordable for hospital staff to order rides for patients. The company was selected as the winner for the Access to Care Challenge presented by the New Orleans Health Department in partnership with University Medical Center. Roundtrip reduces transportation costs for health facilities by ~40% and lead the healthcare transportation industry in reducing patient no-show rates to under 4%.
- Marc Rippen, CEO of Alertgy:
- Elnaz Sarabchian, CEO of MedAux
- Elnaz Sarabchian, CEO of MedAux:
The New Orleans Business Alliance partners with Ochsner Health System, Blue Cross and Blue Shield of Louisiana, New Orleans Health Department, LCMC Health, Lafayette General Foundation, [pending CID + partner], and Tulane Health System/HCA MidAmerica Division to create Challenge Statements and put on the New Orleans Health Innovators competition. If your company or healthcare system has a problem that can be solved through technology, get in touch about partnering with us to create your own unique Challenge Statement.
In order for new ideas in healthcare to succeed, we need the support of the business community. Investors enable digital health entrepreneurs to scale their companies. The Business Alliance works to help the bio business community make meaningful connections. If you are interested in investing in a biotech startup, we can be the conduit.
Our organization focuses on improving the New Orleans economy. With financial support from the business community, New Orleans Business Alliance can expand the city’s business base, increase the City’s general fund by driving sales tax revenues, and help create generational wealth through quality employment for its citizens. With your financial support, we can achieve our mission of a growing, thriving New Orleans. Learn more about how you can support the New Orleans Business Alliance and the New Orleans economy here.
- Elnaz Sarabchian, MedAux founder and CEO