Blog Post - General Electric (GE)
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ABOUT General Electric (GE)
GE (NYSE: GE) is an advanced technology, services and finance company taking on the worlds toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the companys Web site at www.ge.com.
Citizenship at GEis more than a program or a set of good intentions - it is a full-time commitment built upon cultural behaviors and actions. These actions are integrated with business strategy and have defined goals, strategies and metrics that make it actionable and accountable.
At the heart of GEs approach is a simple framework: make money, make it ethically and make a difference. GE is rigorous and deliberate about how it can help solve some of the worlds toughest problems. This approach is recalibrated often to address changing circumstances and challenges -- but the companys values consistently ground its views on whats important. For more information, visit the companys Citizenship Web site at www.gecitizenship.com.
Five Cancer Diagnostics Innovators Win Funding from GE’s $100 Million Healthymagination Challenge
Let the disruption begin! In September, at an event launching GE’s billion dollar global campaign against cancer, a panel of health care innovators, venture capitalists and Silicon Valley luminaries discussed how to disrupt the way cancer diagnosis currently works and improve patient outcomes. It wasn’t just talk. GE backed up the conversation with the new $100 million healthymagination challenge, an open innovation challenge to find and fund the best new ideas for improving breast cancer detection and diagnosis.
The healthcare community listened. In just nine weeks, cancer researchers and innovators from more than 200 academic and other institutions from 40 countries submitted over 500 ideas. Today in San Francisco, GE announced the first five winners of the innovation award. They will each receive $100,000 in seed money to fund further research, as well as access and mentoring by GE researchers and leading industry innovators.
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