GI startup among $150K Johns Hopkins, Microsoft grant recipients

Johns Hopkins Technology Ventures is partnering with Microsoft to give a total of $150,000 to three startups, including gastroenterology technology company SpectralDx, that are addressing environmental and medical challenges, Technical.ly reported June 15.

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The funding was granted via the Microsoft Innovation Acceleration Awards Program. The awards aim to help Johns Hopkins University-affiliated startups launch, scale and commercialize. 

SpectralDx is creating a tool that will allow patients to use smartphones to screen their own stool samples for colorectal cancer. The company plans to use the money to continue research into this camera-based diagnostic tool.

The company chose the three winners out of 26 applications. The startups were chosen by a panel of experts that included the university’s alumni, successful entrepreneurs and key industry players. 

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