Briefly, I wanted to update my last post Corporate Cities. Since writing, I discovered a couple similar ventures that I thought I’d note here. First is the Philips Livable Cities Award. Philips wants to promote health and well-being in cities, and they’re doing this by offering 3 grants totaling €125,000. They’re collecting simple ideas from individuals, communities, NGOs and businesses in three main categories: Well-being Outdoors; Independent Living; and, Healthy Lifestyle at Work and Home. These areas are meant to influence public safety, personal health through diet, exercise, or engagement, and senior living.
Second is GE’s healthymagination program. This is GE’s initiative to improve healthcare through innovation. Healthymagination was started one year ago and has established a $250 million equity fund for making investments. Its first investment was made in CardioDx, a cardiovascular genomic diagnostics company.
Do you know of any other interesting public/private partnerships or corporate social responsibility investments?