May 16, 2014
We recently heard the tale of two young student-entrepreneurs from Washington University in St. Louis who took their startup, Sparo Labs, to the Cavendish Global Health Impact Forum in New York City. The Forum, sponsored by the United Nations, came to a close on May 7 and formally announced the winners this week.
Andrew Brimer and Abigail Cohen, the brains behind Sparo Labs, were 1 of 3 companies selected to win a Cavendish Global Health Innovation Award for their work: all said there were 64 different companies at the Forum. The award includes an additional full year of membership in Cavendish Global, a Tiffany & Co. decanter to help celebrate their victory, and an invitation to present again at the next Cavendish Global Health Impact Forum this November at Oxford University.
“We were able to not only learn from, but actually speak with some of the leading scientific and philanthropic innovators of our time – a priceless experience for both Abby and me, and a wonderful opportunity for Sparo Labs,” says Brimer.
The Forum brought together over 150 leading family investment offices from around the world, which adds up to around $190 billion in assets. These companies were actively seeking a well-conceived impact investment, grant giving opportunities, and philanthropic donations within the health and life sciences.
Sparo Labs proved they have the potential for major advances in disease prevention, diagnosis, treatment, and medical outcomes during their presentation to the audience. Among those judging were scientific minds renowned for their impact on healthcare worldwide, like the director of the World Health Organization.
To date, Brimer and Cohen have won nine national competitions for Sparo Labs including an Arch Grant and the CIMIT Technology Prize for Primary Care. While the duo prepares for Oxford, the rest of us can take an important lesson away from their success: there is no archetype for a successful entrepreneur – there is only the entrepreneurial spirit.
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