CH Innovations is a division of the Charles Hood Foundation that was formed in 2015 to further advance the Hood Foundation’s mission to improve the health and quality of life for children through active investment in early-stage companies that develop and bring to market innovative, high-impact child health solutions.
CH Innovations makes Program-Related Investments
Program-Related Investments (PRIs), are a unique funding mechanism that is distinct from both grant programs and traditional investments. CH Innovations seeks to fill the gap between research and real-world application of pediatric-related tools, treatments, and other interventions to find applicable, impactful, and transformational health solutions.
Our PRI program is open to start-up, for-profit companies seeking seed-stage investors. We support a wide range of evidence-based solutions across indications, including but not limited to: diagnostic tools, medical devices, therapeutics, and healthcare IT. Child health does not need to be the primary focus for a company to qualify for PRI funding; however, any investment made through CH Innovations must be directed toward a current program developing solutions for pediatric patients (birth through late adolescence, as defined by the AAP). In addition to capital, our PRIs also provide access to an invaluable network of leading scientific, investment, and business development professionals.
Together, we can make life-changing improvements in the world around us.
Companies are selected for PRI funding through an internal vetting process. All investments are made in strict accordance with IRS Section 4944 guidelines.