The quality of any medical intervention is greatly affected by the availability of the tools of the trade - equipment and medicines. For both, the determinants of true access are quality, cost and relevance. For Tarek Loubani a conflict zone has forced the issue. He decided to apply his medical skills to develop high-quality, low-cost, open-source, universally accessible medical hardware to end the asymmetry of care. He started with a $3 stethoscope that meets the same standards as a $300 one. Through Glia, he is now expanding the pool of designs and testing them in the filed.
We support Tarek because the need is stark and immediate, he has a very specific ability to address it and openness makes a substantial difference to his cause. Rooted in utility and practicality, his approach extends beyond specific devices, to enabling independent development post-conflict and post-scarcity. This is not a challenge that will be solved in a year. However, we believe that in this time Tarek can and will make a substantial contribution to improved medical care today, and to how we think about ownership of medical equipment and devices for the future.
Twice a year we award a number of small grants to a collection of social change agents, no strings attached, in support of their work. We call these Flash Grants and recipients are selected based on nominations from our Fellows. Each award is worth $5,000.
At the heart of our co-investment fellowship model is the principle that Fellows continue to invest in their own ideas. The Foundation amplifies the Fellow’s investment by matching it at least tenfold, along with covering the cost of their time for the year.
The figures you see here do not reflect each Fellow’s fellowship year funding, but rather the funds unlocked within our financial year, as the fellowship years start either March or September and Fellows are not required to spend the available funds proportionately throughout the year.