Santa Cruz, CA, 08/01/2021 - Immergo Labs has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant for $256,000.00 to conduct research and development (R&D) work on telehealth for physical rehabilitation.
The broader impact /commercial potential of this SBIR Phase I project aims to investigate the R&D of an intelligent, immersive, virtual reality (VR) platform for remote physical rehabilitation and patient monitoring. This research aims to generate AI-driven biomechanical analysis to facilitate tele #rehabilitation through off-the-shelf consumer VR head-mounted displays in patient homes and clinics, effectively providing a means for in-patient success metrics and full-body exercise guidance using a centralized, remote virtual platform. Patient throughput could potentially be doubled through remote visits in virtual environments and automated physical health documentation.
The platform will be designed to support therapists working in marginalized communities of "medical deserts," where patients are uninsured and care is significantly limited by hospital capacity, physical distance, doctors per population, and cost. This software-as-a-service immersive physical therapy platform may reach a projected annual revenue of $2.08M USD. With remote tools and predictive physical therapy analytics, more individuals will receive access to treatment regardless of their socioeconomic and demographic background.
For more details, see the NSF award here:
"We are excited, humbled, and honored to receive the support of the National Science Foundation towards researching immersive media for physical rehabilitation. This SBIR will support our research efforts in applying immersive virtual reality for user-centered design and efficacy analysis to create new mediums of physical rehabilitation" - Aviv Elor, Co-Founder and Principal Investigator of Immergo Labs
Once a small business is awarded a Phase I SBIR/STTR grant (up to $256,000), it becomes eligible to apply for a Phase II (up to $1,000,000). Small businesses with Phase II funding are eligible to receive up to $500,000 in additional matching funds with qualifying third-party investment or sales. Startups or entrepreneurs who submit a three-page Project Pitch will know within one month if they meet the program’s objectives to support innovative technologies that show promise of commercial and/or societal impact and involve a level of technical risk. Small businesses with innovative science and technology solutions, and commercial potential are encouraged to apply. All proposals submitted to the NSF SBIR/STTR program, also known as America’s Seed Fund powered by NSF, undergo a rigorous merit-based review process. To learn more about America’s Seed Fund powered by NSF, visit: https://seedfund.nsf.gov/