GE Healthcare is launching a health care accelerator with an ambitious plan to invest as much as $50 million in startups that aim to help the 5.8 billion people worldwide unable to get affordable, quality health care in developing economies.

“Through five.eight our goal is to fuel the greater global health ecosystem, partnering with social impact investors and global health startups, in order to maximize impact and outcomes for populations with the greatest need,” John Flannery, President & CEO of GE Healthcare said in a statement.

Plans call for the accelerator to identify and support health startups in developing or low-resource environments that will provide “the next generation of care delivery technologies that can deliver impact where it matters.”

The accelerator will begin by working with social impact investors Acumen, Aavishkaar-Intellecap Group, Unitus Seed Fund and Villgro. The aim is to help them with commercial scaling of health care innovations for emerging economies. GE Healthcare will be able to help with “distribution of the startup product, or integration of the service into GE Healthcare’s Affordable Care Portfolio,” according to the company.

“Collaborating with investors allows us to work with some extraordinary entrepreneurs that have promising technologies, to extend our portfolio of affordable solutions,” stated Terri Bresenham, President & CEO of GE Healthcare’s Sustainable Healthcare Solutions.

In the initial phase of its development, five.eight plans to bring aboard as many as 10 or more startups, coming from applicants associated with the four social impact investors or other sources. Each could receive as much as $5 million through the accelerator to further their goals.

The first company supported by five.eight is Bangalore-based Tricog. Its goal is to better heart attack survival rates by cutting the time from symptoms to treatment using cloud-connected ECG devices in medical centers in India.

The startup had raised an undisclosed amount of funding from Inventus Capital Partners, Blume Ventures and a group of angel investors, according to Indian news site The Tech Portal. Founded in 2015, Tricog is in about 250 health care facilities in India, according to the site, which stated that the company claimed that its technology had identified “around 5,000” patients “with acute heart conditions that required urgent intervention.”

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