Lara Kalafatis kicks off the event.
On October 30, Cleveland Clinic Philanthropy hosted the annual Inside Innovation event featuring a pitch competition supported by Cleveland Clinic Innovations. Hosted at the InterContinental Hotel, this unique program brought together inventors, donors, and industry leaders. The showcase exhibited new discoveries and the investment required by philanthropic endeavors in improving patient care.
In a Shark Tank-style event, three Cleveland Clinic innovators presented their ideas for a chance to win a $100,000 grant, funded by Jones Day, to help accelerate bold medical concepts into real-world solutions.
“The Innovations pitch competition is where philanthropy seeds new ideas for research and for patient care,” shared Lara Kalafatis, Chair & Senior Vice President of Philanthropy at Cleveland Clinic. With the support of Jones Day as corporate sponsor, the event served as a catalyst to accelerate development at all stages of innovation.
Inside Innovation also allowed attendees to experience Inventors Row, where they could engage with breakthrough technologies and meet the minds behind them. “We actually have an opportunity for the audience to interact with products and companies that impact patient care,” said D. Geoffrey Vince, PhD, Chief of Innovations.
This year’s competition featured three finalists, each presenting solutions to pressing healthcare challenges. Nearly 250 attendees were present to hear pitches and vote for the winner. The event format encouraged audience engagement, with guests voting for their favorite innovation. The finalists pitching were:
Dr. Nguyen's AutoCMR project was awarded the $100,000 grant. The technology automates the complex MRI process, allowing a full chest scan to be completed in just 30 minutes. “AutoCMR has the potential to redefine cardiac care... Thanks to the support from Jones Day and Cleveland Clinic, we now have the momentum to bring this vision to life,” said Dr. Nguyen.
Jones Day’s partnership was essential in making the event possible. “It gives us the opportunity to participate in a program that brings innovation not only to Cleveland Clinic, but also to the Cleveland community,” said Jeff Kapp, Partner at Jones Day.
Cleveland Clinic Innovations continues to expand its global footprint, with technologies and ventures advancing care from Cleveland to London, Abu Dhabi, Toronto, and beyond. This worldwide impact depends on sustained philanthropic support. The recently launched Global Venture Philanthropy Fund offers donors the unique opportunity to support new companies that move medical ideas from the lab to the clinic.
Every breakthrough begins with an idea, and with support from many. Whether you’re a donor, industry partner, or inventor, your involvement helps drive progress and improve lives worldwide. “Innovation in medicine is never a solo journey. I’m proud to work alongside a team that shares a deep commitment to improving patient outcomes,” said Dr. Nguyen.
Together, we’re building a community where discovery leads to impact, and innovation knows no boundaries.