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Hospital Innovation Programs Directory

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Health system intelligence profile

BRIDGE Innovation and Business Development

UMass Chan Medical School (UMass Memorial Health)

Last reviewed August 30, 2026

Intelligence summary

Program at a Glance

Program mandate
BRIDGE Innovation and Business Development is UMass Chan Medical School's office for translating faculty discoveries into licensed products and new companies. It runs the BRIDGE Fund, an internal translational funding program that invests in faculty projects with commercialization potential across therapeutics and medical devices, and it manages intellectual property, licensing and industry partnering for the medical school.
Organizational model
Nonprofit
Location
Worcester, Massachusetts
Program types
Innovation centerTechnology transferEntrepreneurship
Commercialization pathways
LicenseSpinoutInvestmentStrategic partnership
Focus areas
ClinicalMedical deviceTherapeuticsDiagnostics
Public scale or maturity signals

Documented successes: BRIDGE Fund committed nearly $2 million to six faculty-led projects in 2024 and more than $8.5 million over the prior six years; 14 new companies launched from UMass Chan discoveries since 2020, including four in fiscal year 2025; nine emerging companies pitched investors at the 2026 BRIDGE pitch event

Official engagement route
Program website ↗Health system website ↗
Last reviewed
August 30, 2026

Mandate and remit

What This Program Does

BRIDGE Innovation and Business Development is UMass Chan Medical School's office for translating faculty discoveries into licensed products and new companies. It runs the BRIDGE Fund, an internal translational funding program that invests in faculty projects with commercialization potential across therapeutics and medical devices, and it manages intellectual property, licensing and industry partnering for the medical school. A dedicated new ventures function supports faculty founders through company formation, and the office hosts pitch events that put emerging UMass Chan companies in front of venture capital firms, corporate venture groups and industry partners. Technology areas span RNA therapeutics, gene editing, AI-enabled surgical tools, immunology, diagnostics and oncology. Outside investors and companies engage through those pitch days, through licensing, and as partners and financiers of UMass Chan spinouts.

Areas of Focus

ClinicalMedical deviceTherapeuticsDiagnostics

Commercialization Pathways

These routes appear in the program's sourced public record.

Publicly Reported Outcomes

  • Documented successes

    BRIDGE Fund committed nearly $2 million to six faculty-led projects in 2024 and more than $8.5 million over the prior six years; 14 new companies launched from UMass Chan discoveries since 2020, including four in fiscal year 2025; nine emerging companies pitched investors at the 2026 BRIDGE pitch event

Leadership and Structure

Organizational home: BRIDGE Innovation and Business Development, UMass Chan Medical School (UMass Memorial Health)

  • Parth ChakrabartiExecutive Vice Chancellor for Innovation and Business Development, UMass Chan Medical School

Contact the Program

Use the program's published contact route for partnership, licensing, innovation, or program inquiries.

Official contact page
Open contact page ↗

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The Innovation & Digital Health Accelerator is Boston Children's Hospital's internal startup accelerator, created to source and vet ideas from the hospital's own clinicians and to build them into products and companies.

Physician innovationAcceleratorInnovation centerSpinoutStrategic partnershipClinicalMedical devicePediatric

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Boston, Massachusetts

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Boston Children's Hospital publishes two complementary innovation functions.

Technology transferAcceleratorEntrepreneurshipLicenseSpinoutPediatricTherapeuticsMedical device

Academic · Nonprofit

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Editorially verified · Reviewed August 30, 2026

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Sources and Updates

Reviewed August 30, 2026. External source links open in a new tab.

  1. BRIDGE Innovation and Business Development official source umassmed.edu. Accessed August 30, 2026.
  2. BRIDGE Innovation and Business Development source 2 umassmed.edu. Accessed August 30, 2026.
  3. BRIDGE Innovation and Business Development source 3 umassmed.edu. Accessed August 30, 2026.
  4. BRIDGE Innovation and Business Development source 4 bridge.umassmed.edu. Accessed August 30, 2026.
  5. BRIDGE Innovation and Business Development source 5 umassmed.edu. Accessed August 30, 2026.

Confidential comparison

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