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SoloHealth Awarded $1.2 Million in NIH SBIR Funds

June 17, 2010 by ei2admin

SoloHealth, a technology company that develops and deploys interactive health screening kiosks, today announced that the company has been awarded a $1.2 million grant by the National Institute of Health (NIH) through its Small Business Innovation Research (SBIR) program to advance SoloHealth’s initial product, EyeSite®, a vision screening kiosk, into a more comprehensive self-service health and wellness station.  The new product will address highly problematic areas such as hypertension, obesity, eye health and vision, nutrition and diabetes.  This FastTrack SBIR grant, which is funded by the NCMHD, will aid SoloHealth in bringing free medical screening technology, education and wellness programs to a wider audience, including traditionally underserved communities.

SBIR grants and contracts are a non-dilutive form of R&D funding provided by 11 agencies of the Federal government.  The application process is highly competitive and requires a qualified scientific team, innovative approach, and a rigorous R&D plan.  While not a strict R&D firm, SoloHealth worked with SBIR GA, a service of ATDC, to construct a compelling proposal and bring together a highly qualified team.  The result of these efforts is non-dilutive funding to develop their next generation product.

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