- Deerfield Management Company, a New York City-based healthcare investment firm, launched the X-Seed Award
- Award winners will women and other minority founders in New York City
- The X-Seed Award created by Deerfield as a result of the partnership announced in September 2019 with NYCEDC to develop the Cure life science campus
- Then the campus bringing together innovators from academia, government, industry, and the not-for-profit sectors to advance human health
- The X-Seed Award program, with a 20+ year commitment, will provide funding for a diverse population of the most talented researchers and entrepreneurs in New York City
- Each year, the award will have a specific focus with Deerfield selecting five teams that will awarded a total of up to $500,000
