The Research Institute of St. Joe’s Hamilton is set to receive philanthropic funding from Lumira Capital to support research initiatives at the hospital.
Lumira Capital – a leading North American healthcare venture capital firm – has launched a new philanthropic initiative, the first of its kind in Canada. Up to fifteen healthcare foundations will benefit from a donated portion of Lumira Capital’s investment profits.
St. Joseph’s Healthcare Foundation has been selected as one of the beneficiaries of this award, along with other leading healthcare providers including the Princess Margaret Cancer Foundation & St. Michael’s Hospital.
As the funding is unrestricted, it allows the Research Institute the freedom to allocate the funds in a way that maximizes their impact on the research community of St. Joe’s.
“Being selected among some of the top health research institutions in Canada demonstrates the growing impact that we’ve been able to have,” says Dori Cartwright, Executive Director of the Research Institute of St. Joe’s Hamilton. “This funding will help us be able to grow the research enterprise at St. Joe’s – enabling us to have a greater impact on patients’ quality of life.”