OP Smart Health Challenge

Apply to this 4-month startup accelerator in Helsinki for the chance to partner with OP, the largest bank and insurance provider in Finland, and receive a grant of approx. $54,000 USD, plus grants for travel and living expenses, not to mention coaching from experienced professionals.

Applications for the most recent batch have closed. Follow Lootstrap on Facebook for updates!

Award Amount

  • €50,000 (approx. $54,000 USD)
  • Travel and accommodation grants
    • Up to 2,500€ (approx. $2,700 USD) per foreign team
    • Up to 1,000€ per Finnish team from outside Uusimaa

Location

  • Vallila, Helsinki, Finland

Length

  • 4 months

Additional Benefits

  • Partner with OP, the largest bank and insurance provider in Finland
  • Three 3-day bootcamps
  • Remote coaching and follow-up by experienced professionals

Who Can Apply

  • Startups who want to launch world-class health services for the Finnish market
  • Innovative technology, products, or services in the following sectors preferred:
    • Workplace health
    • Self-improvement
    • Health platforms
  • Startup must be registered as a company
  • Fluent in English (program conducted in English)

Selection Criteria

  • Quality of your pitch, as well as your team, idea, and business model
  • Ability to work with OP Insurance and/or Hospital to your mutual benefit

Application Process

  • Written application through your free F6S account
    • 1-minute online video introducing your team
    • Pitch deck of 7 to 8 slides (PDF)
  • 8 to 12 startups selected
  • 4-day Innovation Challenge that ends with a pitching day
  • 3 to 5 winning startups invited to the Smart Health Startup Partnership Program

Conditions

  • Team must be present in Helsinki for challenge week and the 3 boot camps

Website

As always, this program takes ZERO equity!