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The Health Care Entrepreneurship Program (HCEP) is
a business development group that was established at
Boston University in 1996. HCEP's mission is
to initiate and support entrepreneurial business development
in health care, focusing on the incubation and start-up phase.
Market areas that HCEP focuses on include
information services, health services, medical devices, and other types
of health care technology (excluding biotech).
HCEP's mission builds on the successful model of health
care innovation created by the Health Policy Institute
at Boston University. Founded by Dr. Richard Egdahl
in 1975, the Institute led the industry in developing
solutions for managing health care costs and quality.
This work influenced corporate and government policy
development and led to the founding of several information
management companies (Start-up
Experience).
The Health Policy Institute today consists of the Health Care Entrepreneurship Program and several affiliated health care research and policy programs. HCEP staff work with these programs to help them expand and, where appropriate, pursue opportunities for business development. In addition to HCEP, the Policy Institute prgrams include the Scholars in Health Policy Research Program, the Health Policy Research Program, the Management of Variability in Health Care Delivery Program, and the Center for Educational Development in Health.
HCEP staff have experience in medicine, early stage
business development, and health care
management (People).
In advising start-up companies, HCEP also draws on University
experts and its broad network of outside advisors and
contacts. Boston University's initiatives devoted to
entrepreneurial business development include the Office of Technology Development (venture capital and technology
transfer), several business incubators (Photonics
Center, BioSquare),
the Fraunhofer
USA Center, and the Entrepreneurial
Management Institute (EMI) at the School of Management.
Entrepreneurship endeavors, our primary mission, fuel
a second major activity at HCEP: mentoring "physician
entrepreneurs" as a source of new talent for start-up
businesses and venture capital firms.
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